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Kress OZ LP | Ovation Partners LP

The Opportunity Zone Fund Directory is a compilation of publicly-announced funds formed to attract investment in Opportunity Zones (OZs). NCSHA is tracking only multi-project OZ funds. To learn more about a fund included in this directory, click on the name.

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Directory Stats as of February 27, 2024:

248 Total Funds ā–  $50.19 Billion Total Anticipated Investment ā–  56% of Funds Target Investment in Affordable Housing and Community Development

Opportunity Zone Case Studies

Fund NameKress OZ LP
Fund Manager or Organizer(s)Ovation Partners LP
Fund Size$20,000,000
Fund-Related Websiteovationpartners.com
Investment Focus
Commercial Real Estate
Geographic Focus
Texas
Additional Fund Details

This is a single-project QOF. Located in San Antonio, TX, the identified Project is to renovate and reposition an existing commercial office development that is currently planned to include a five-story office building consisting of 62,748 square feet, an adjacent two-story office building consisting of 32,295 square feet, and a surface parking lot.

Organization Details

Ovation Partners, LP is an asset management firm focused primarily on private credit, specialty finance and other unique, yield-oriented investments. Founded in 2010, Ovation has grown to more than $550MM in AUM. In early 2018, Ovation began analyzing qualified opportunity zone ("QOZ") investments and believes that fully entitled and shovel-ready projects might mitigate the risk associated with strict deployment time frames mandated by the QOZ Regulations. Ovation will offer interests in single-project QOFs. Along with the respective developers, we're committing nearly $10 million of our own capital gains into the projects.

Fund Contact....
NameAnna Jones
Job TitleInvestor Relations Manager
Phone(512) 647-6060
EmailEmail hidden; Javascript is required.


The listings on this page are provided as a free service to potential community development funding recipients. The information contained on this page is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy securities. NCSHA does not provide investment advice, and these listings are not to be construed as a recommendation to engage in a transaction with a particular party.

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Case Studies: Opportunity Zone Investment in Affordable Housing and Community Revitalization

Ox Fibre Apartments

Parramore Oaks

The Tappan