Leonard Mills

Verte OZ has the most companies among venture capital OZ funds. Verte OZ has a current portfolio of 10 high-growth, qualified OZ businesses. Verte OZ will continue to grow its by adding about 10-15 more companies as well as continuing with follow-on investments in our successful companies. Less than 4% of qualified OZ funds invest in operating businesses, and only a tiny sliver of those invests in venture capital. Due to the higher-growth potential in venture capital, a VC-OZ strategy leads to higher expected returns and exit multiples, greater capital gains tax savings, increased diversification and a larger impact compared to a real estate OZ strategy. An investment multiple of 6x versus 3x over 10 years makes a substantial difference in these outcomes. Verte OZ’s specific investment strategy is manifested in the high-growth companies that it has already invested in. The industries include robotics, data storage, electric vehicles, medical devices, logistics, software, and other technologies. The Verte OZ companies already demonstrate the Fund’s commitment to the “3 E’s” of sustainable development: Environmental responsibility (through greenhouse gas reduction, energy efficiency, reduced carbon footprints), Economic growth (through innovation, jobs, workforce development, financial and tangible capital), and Social Equity (through entrepreneurship, human capital, inclusive to minority and women founders/engineers, urban and rural communities). Verte OZ has the most diverse set of portfolio companies among OC-OZ funds.