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Funds Directory › Brightshore Capital (formerly GTIS Partners) › GTIS Qualified Opportunity Fund
● Not open · no new Form D filing since Apr 12, 2021 ✓ Claimed — managed by Brightshore Capital (formerly GTIS Partners) Multi-Asset

GTIS Qualified Opportunity Fund

Managed by Brightshore Capital (formerly GTIS Partners)

Overview

GTIS Qualified Opportunity Fund LLC is a Delaware LLC organized in 2019 and managed by Brightshore Capital (formerly GTIS Partners). Its latest SEC Form D/A, filed April 12, 2021, reports a $500,000,000 offering with $286,074,518 sold (57.2%) to 758 investors, a $100,000 minimum, and a Rule 506(c) offering to accredited investors only. First sale: March 15, 2019. There has been no new Form D filing since, so we list the fund as not open.

At a glance

$100,000
Minimum investment

Targets are sponsor-stated and not guaranteed.

Investor timeline

Today
Roll in your capital gain
Invest a realized gain within 180 days. No tax due now — it's deferred.
Year 5
Deferred tax comes due
Tax owed on 90% of original gain (10% standard QOF step-up applied).
Year 10+
Tax-free exit
All appreciation returns to investors federal-tax-free under IRC § 1400Z-2.

Sponsor

Brightshore Capital (formerly GTIS Partners) . Per brightshore.com, GTIS Partners is now Brightshore Capital, headquartered at 787 Seventh Avenue, New York. Brightshore says it has committed over $875 million of equity to projects located in Opportunity Zones since the inception of the program, with a strategy focused on residential, industrial and student housing projects in growing Sunbelt markets and selected coastal gateways.

Key risks

  • Illiquid for ~10 years. No public market for shares; plan to leave capital invested for a decade.
  • Returns are targets, not guarantees. Real estate can underperform; you could receive less than invested.
  • Tax benefit requires the full hold. The appreciation exclusion applies only at 10+ years.
  • Single-sponsor execution risk. Outcomes depend on Brightshore Capital (formerly GTIS Partners)'s acquisition and management. Past performance does not guarantee future results.

Model your return

Compare this fund's after-tax outcome against paying the tax and investing elsewhere.

This fund has not published a target return, so we don't prefill one. Model your own assumptions in the OZ calculator.

SEC Form D filings

Legal nameGTIS Qualified Opportunity Fund LLC
EntityDelaware LLC, organized 2019
Offering size$500,000,000
Raised$286,074,518 (57.2%) from 758 investors
Minimum$100,000
Offering typeRule 506(c), accredited investors only
First sale2019-03-15
SEC CIK1771667

Source: SEC Form D filings (latest D/A filed 2021-04-12). Not an offer to sell securities.

Other funds from this sponsor

About this profile

This profile is claimed by Brightshore Capital (formerly GTIS Partners), the fund sponsor. Figures come from the fund's SEC Form D filings and the sponsor's website; verify against the sponsor's official offering documents before investing.

OpportunityZoneInvest.com is an independent publication and is not a broker-dealer, placement agent, or investment adviser. Nothing here is an offer to sell or a solicitation to buy any security, or investment, legal, or tax advice. Consult the sponsor's offering documents and your own qualified advisors. Links to the sponsor's investor portal route off-site; OZI does not process investments.