01
Rolling 5-Year Deferral
Post-1/1/2027 capital gains invested in a QOF may defer recognition for five years from investment.
Intended Qualified Opportunity Fund Puerto Rico
Built for Puerto Rico's Growth and Resilience
PRGR Management manages Puerto Rico Growth & Resilience Fund I, LP an intended Qualified Opportunity Fund focused on essential-demand assets: housing, power, water, logistics, connectivity, and healthcare.
Request InformationThe fund is live Accredited investors only · Not an offer to sell securities
Why Puerto Rico, Why Now
Durable Needs. U.S. Frameworks.
Need Stack
Grid modernization, water security, workforce housing, logistics, and healthcare capacity gaps create durable demand.
U.S. Jurisdiction & Currency
Dollar-denominated assets under U.S. legal and capital-markets frameworks.
Federal Rebuild Backdrop
Ongoing federal recovery and infrastructure capital as context not a substitute for project economics.
Federal Opportunity Zones OZ 2.0
A Federal Tool, Applied Site by Site
IRC 1400Z-2 as amended. Planning summary only — not tax advice. Final designations and regulations control.
02
5-Year Basis Step-Up
After five years: 10% basis step-up (30% if QROF / rural). Rural / QROF uplift is tract-specific and not assumed.
03
10-Year Exclusion
After ten years: FMV step-up election / exclusion of gain on the QOF interest, subject to an outer 30-year limit.
OZ 2.0 Map Reality
- OBBBA / OZ 2.0 ended the all-island Opportunity Zone map.
- New tracts: up to 25% of eligible LIC tracts (floor / rural set-aside apply).
- Legacy Puerto Rico QOZs sunset December 31, 2027.
- A 2026 zone designation does not guarantee a 2027 zone; site-level designation matters.
Strategy
Six Essential-Demand Sleeves
Underwriting to island needs that persist through cycles.
01
Workforce Housing
Essential residential supply for island workforce.
02
Energy & Resilience
Generation, storage, microgrids, hardening.
03
Industrial & Logistics
Warehousing, distribution, near-port platforms.
04
Water & Desalination
Supply, treatment, and water-security assets.
05
Digital Infrastructure
Connectivity, data, and enabling networks.
06
Healthcare Access
Facilities and platforms improving access.
Leadership
Team & Governance
Leadership roster. Bios limited to role.
John E. Hartman
Co-Managing Partner & CIO
Strategy, capital formation, IC leadership.
Michael D. Ping
Co-Managing Partner & Head of Puerto Rico Operations
Strategy, capital formation, IC leadership.
Isabel Santiago Ramos
Chief Legal Counsel
Local execution & counsel path.
Investor Inquiry
Request Information
Puerto Rico Growth & Resilience Fund I is live. Accredited investors may request information.
Accredited Investor InquirySubmitting an inquiry is not an offer, a solicitation, or a commitment of any kind.
