Off Road's Initiative
Off Road believes the Opportunity Zone (OZ) program represents a generational opportunity to invest in and develop economically-challenged areas across the U.S. Off Road and its partners see the Opportunity Zone program as an effective market-based tool to transform lives and local economies across the nation. In addition, Off Road believes the tax incentives offered by the Opportunity Zone program, described below, fit perfectly with Off Road’s focus on compounding capital at attractive after-tax rates of return over long periods of time and generating value for all stakeholders.
Off Road is uniquely positioned to support OZ investments due to its patient and flexible capital partners, who are comfortable with long-term investments (10+ years) and have capital gains. This distinguishes Off Road from other capital providers who are restricted by fund lives and other structural impediments. Together with leading advisors and consultants, Off Road has developed a deep knowledge and understanding of the Opportunity Zone program. Off Road has executed three OZ investments to-date, two in operating businesses and one real estate development venture. Off Road uses its experience to help owners and founders interested in the OZ program to structure transactions and chart capital investment and growth plans, enabling them to focus on what matters: executing operations and growing the business.
Operating Company Focus
Off Road is focused on deploying OZ capital toward operating businesses and venture-stage companies, the true drivers of well-paying jobs and local economic growth.
Off Road believes complexity, mis-matched investment horizons and a misunderstanding of the program have left OZ-based operating businesses underinvested and communities underserved. Off Road’s goal is to identify excellent founders, owners and operators and work together to execute on this opportunity to the benefit of all stakeholders. Off Road has demonstrable experience crafting compliant partnerships to help owners and founders leverage this unique program. As part of this approach, Off Road works directly with management to shape capital deployment schedules and long-term strategic plans compliant with the Opportunity Zone program and conducive to growth.
Off Road’s initiative is to continue to make OZ investments across various industries and geographies and serve as a leader in this promising space.