LPNEWS
Real estate moguls, banks and money managers are rushing to capitalize on a new U.S. tax break rewarding investments in poor communities. Now, one of the biggest names in impact investing is aiming to prove the perks are about more than profits. Jim Sorenson, a prominent Utah entrepreneur, investor and businessman, plans to announce Monday that Catalyst, a private equity firm he helped found, is raising $150 million to invest in opportunity zones.

In this article