Puerto Rico Opportunity Zone Fund, LP
The Tax Cuts and Jobs Act of 2017 created Qualified Opportunity Zones (“QOZ”), to provide tax benefits to investors who re-invest capital gains into communities in QOZs. This provides a win proposition for both investors who seek to reinvest capital gains in a tax efficient manner and communities designated as QOZs.
Monllor Capital, lead by Mr. Torres, is organizing Puerto Rico Opportunity Zone Fund, LP ("PROZ"), a fund focused on QOZ investing in Puerto Rico, where more than 95% of the Island qualify as QOZs. PROZ will seek to invest in renewable energy infrastructure to achieve a diversified portfolio that will benefit from the growth and improvement of the Puerto Rican economy.
This does not constitute an offer of any securities of the Fund. Offers will be made exclusive through a private placement memorandum to investors meeting certain eligibility criteria and in compliance with applicable securities laws.