Simplified Two-tiered Fund Structure
QOZ Fund QOZ Fund REIT
Min 90 in QOZB
JV JV JV
Partner Partner Partner
Q0Z QOZ QOZ
QOZ Business
Business Business Bttsiness
JV I LP JV II LP iVHILP
in 70% in QOZ Min 70° in QOZPs in 70°A in QOZP
QOZ Business
Property
30
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0071222
CONFIDENTIAL SDNY_GM_00217406
EFTA01375666
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