Revitate’s Opportunity Zone Market Update and Policy Outlook with Senator Tim Scott

On Wednesday, September 7th, Revitate hosted a special live webcast featuring U.S. Senator Tim Scott, Co-Author of Federal OZ Legislation (R-SC), to discuss the current state of the Opportunity Zone (OZ) marketplace and federal policy discussion.

Joining Senator Scott were several other top OZ practitioners and policy experts:

• Christopher Cox, Former SEC Chairman

• Alex Bhathal, Executive Chairman, Revitate

• Kunal Merchant, Chief Operating Officer, Revitate

• Jack Rybicki, Managing Principal, CLA

• Carey Heyman, Managing Principal, CLA

• Adam Farris, Senior Policy Advisor, Office of Senator Tim Scott

Key highlights of the event included:

• CLA’s Jack Rybicki and Carey Heyman, discussing CLA’s interest in Opportunity Zones and recent partnership with Revitate on our Revitate Impact OZ 2022 Fund.

• Alex Bhathal update on his longstanding interest in OZ’s and goals for the current Revitate Impact Fund.

• Kunal Merchant offering an assessment of the current state of the OZ marketplace.

• Senator Scott providing insight into the inspiration behind the OZ program and his goals for additional legislation.

• Chris Cox providing his analysis of the current market conditions and how OZ investment may provide a strategic advantage to investors.

• Adam Farris walking through key components of proposed follow-on legislation that Senator Scott hopes to enact later this year or in early 2023.

This was the latest in a series of Revitate Insight events intended to help educate investors, advisors, and others in the Revitate community on opportunity zones and other key topics.