Frank McGrew of McNally Capital on Investing in Opportunity Zones

Frank McGrew, managing partner at McNally Capital, spoke with MMG Editor Kathryn Mulligan about a provision of the 2017 tax reform legislation designed to attract capital to economically disadvantaged communities. Investing in opportunity zones can benefit family offices and private equity firms from a tax perspective, and McGrew weighed in on how his firm is approaching the program. ** McNally Capital and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for information purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.**