As a key Opportunity Zone tax deadline approaches, Hall Venture Partners has recently promoted news regarding one of its major portfolio companies, Vanderhall Motor Works. Vanderhall Motor Works designs, engineers, and manufactures light mobility vehicles, and the firm’s off- and on-road vehicles are sold through a global network of dealers.
In the last week of November, Vanderhall announced its confidential S1 filing for an IPO; it is believed to be the first OZ company to make a public filing.
As such, the announcement is a key milestone in the Opportunity Zones investment universe.
Hall Venture Partners offers a relatively unique investment vehicle, that of a Qualified Opportunity Fund which invests in operating companies. The company promotes Hall Opportunity Fund 1A (HOF1A) as an “excellent way to defer, reduce, and eliminate tax liability while also diversifying Opportunity Zone portfolios traditionally concentrated in real estate.”