IR used to stand for “Investor Relations”. Now it’s more like “Recession and “Inflation”. Look around you. Recession is at hand no matter what the political “experts” say. But does that mean all is lost? Hardly! In this podcast, Ellavoz Impact Capital CEO Bob Hutchins explains how his shared values approach to social impact investing is providing Opportunity Zone investors with an alternative way to invest in companies with a social purpose, as well as how his “Impact Angel” investing program is addressing this goal.
By listening to this podcast, you’ll see how Mr. Hutchins makes a pretty strong case that Opportunity Zones investing still makes sense, regardless of the state of the financial world, especially when you’re doing it to make an impact on a community, as well as providing a reasonable return to investors. And when you provide tax benefits to investors in the process, it makes sense that Opportunity Zone investment is still a viable and suitable option, despite the recessionary and inflationary times we’re currently living in.
Remember, we’re talking long-term strategy with Opportunity Zones, and high net worth individuals (family offices, the ultra wealthy, venture capital firms, etc.) right now are seeking alternative investments more than anything else. But here’s the problem: Valuation! For quite some time, valuations seemed almost arbitrary, but now they’re under strict review, and as Bob mentions on the podcast, the oversupply of money combined with people being more careful about investment claims are returning market conditions to sanity and that’s giving Opportunity Zones a better chance of competing versus traditional investments.
Ellavoz takes that to another level with their shared values approach to investing with a real social purpose. It’s not philanthropy… it’s not even ESG… it’s investing in America, whether inflation and recession wield their ugly heads or not! Contact Bob by email here or directly at (908) 330-2029 for more information. You can also visit his website at www.Ellavoz.com and start to align yourself with knowledgeable industry professionals and advisory professionals who are adept at addressing all your questions and concerns.
ABOUT OUR GUEST: Robert Hutchins
Mr. Hutchins is the Managing Director of the Ellavoz Shared Values Opportunity Fund and President & CEO of Ellavoz Impact Capital. The company sponsors and manages the Ellavoz Shared Values Opportunity Fund and the Ellavoz Impact Angel Network. He is a retired Partner of Withum, Smith+Brown which is a regional CPA firm with approximately 1,300 employees. He graduated from St. Peters College and began his professional career with Price Waterhouse & Co., in Hackensack, New Jersey. Prior to combining his accounting practice with WSB, he was managing partner of Hutchins, Farrell, Meyer & Allison. Mr. Hutchins is a member of the American Institute of Certified Public Accountants and the New Jersey Society of Certified Public Accountants, as well as the National Association of Certified Valuation Analysts.
Mr. Hutchins was cofounder and executive chairman of Biofortis, Inc. (www.biofortis.com), a bioinformatics company which acquired IP from Johns Hopkins University and subsequently was sold to a NYSE company in 2018. He has served on the board of directors of both public and private companies. As an entrepreneur, he has been an angel investor as well as executive leadership in real estate, hospitality, digital healthcare and life science companies. Mr. Hutchins has been, for over 20 years, the managing director of Helensburgh Capital and related entities. He is advisor to SFO Management LLC which is a private Single-Family Office.
Mr. Hutchins’ professional experience includes audit, tax, advisory and financial planning for high net worth individuals and their family-owned businesses; as well as consultant to single family offices for their private equity direct investments. In addition, he has served as financial advisor in the private placement of securities and public offering of debt. He has served as an advisor for business acquisitions, turnarounds, sales and succession planning. Mr. Hutchins has been appointed by the courts as an expert in business valuation, economic damage measurement and receiver or mediator for business litigation matters.
In his community, Mr. Hutchins is a founder and Chairman of the Board of Trustees of Ocean Housing Alliance, Inc., a non-profit organization operating a 48-bed residential health care facility and low-income housing for mentally disabled individuals in Ocean County, New Jersey. Mr. Hutchins is also a cofounder and Treasurer of the Board of Trustees of Joan Dancy & P.A.L.S., an ALS Support Group Charity in Monmouth County. He is past Chairman of the American Cancer Society, Ocean Unit and served on the Board of Directors of the Eastern Division of the American Cancer Society. Mr. Hutchins is a lifetime Excalibur Society member of the American Cancer Society. He has also served as an elected Board Member of the Toms River Regional School District, appointed member of the Ocean County Mental Health Advisory Board and The FoodBank of Monmouth & Ocean Counties (now Fulfill).
All information provided is for informational purposes only. Mapable USA is not a registered broker-dealer, funding portal, or investment advisor. This information presented on this website/podcast is not intended as legal or investment advice for anyone to make an investment in any particular company and is not intended for any companies to rely on this information to form an opinion to go public or not to go public or to do any type of offering of securities. Any information presented is not an offer or solicitation to purchase or sell any securities or financial products. None of the information on the Mapable USA podcast or website takes into account any individual person’s personal objectives, financial situation, needs, or particular circumstances. You must check with a securities attorney to find out if an offering is for you, or if you are going to be in the business of selling any type of securities, you need to make sure you are following your state and federal legislative law so you do not get into any troubles. Do not use the opinions as stated on this show as any way to form an opinion as what is wrong or right or what could be done for your business or as an investor. Mapable, LLC recommends you obtain your own financial, legal, and taxation advice before making any financial investment decision.