Qualified Opportunity Zone Fund - thoughts on “the pearl fund”

[Account Closed]

Has anyone identified a qualified opportunity zone fund they are liking?

I saw “the pearl fund” - wondering if anyone else has checked them out or invested with them?

[Daniel McNulty]

@Steve Me

I always start with a google of their regulatory filings.

Looks like the fund is only 25M with 2.5M explicitly called out as an one time structuring fee.

That is WAY above average fees and is way below average fund size. Unlike other asset classes, the top quartile performers of venture tend to consistently do so. This consistency is true for a variety of reasons beyond the scope of this post.

Without knowing anything more than that, seems below average.