OZ MAGAZINE 2022 Top 25 Influencers issue 2.2 | Page 53
TOP 25 FUND MANAGERS / DEVELOPERS
Alex Bhathal is co-founder and managing partner of RevOZ Capital , a leader and early adopter in Opportunity Zone real estate investing . In 2019 , Globe St . honored RevOZ as the inaugural “ Opportunity Zone Investor of the Year .” Bhathal is also co-owner and executive director of Sacramento Basketball Holdings , which owns the Sacramento Kings , Golden 1 Center and Downtown Commons entertainment and sports district ; senior operating partner of Rx3 Growth Partners , a consumer growth fund ; and a board member for Mark IV Capital , Aspyr Holdings and the California Coast Chapter of YPO . Bhathal earned his bachelor ’ s degree from UCLA , MBA from USC , and is completing the Presidents Program in Leadership at Harvard Business School .
WHAT KIND OF TRENDS AND NEW INVESTMENT AREAS DO YOU THINK QOFS WILL FOCUS ON IN 2022 ?
Now that the OZ marketplace has grown and stabilized , we expect to see a greater variety of investment made in 2022 . To date , multifamily development in major cities has seen the most investment . Going forward , we expect to see increased activity in other asset types like hotels , office and retail , along with more diverse geographies . Outside of real estate , we expect to see OZ investment in operating businesses accelerate .
Garett Bjorkman is a managing director in the Portfolio Oversight Group . He leads Portfolio Oversight for CIM ’ s private real estate debt and Opportunity Zone investment strategies . Prior to joining CIM , Bjorkman worked at various real estate private equity firms , holding positions in investments , capital markets and investor relations . Bjorkman earned a bachelor ’ s degree in business administration with concentrations in real estate and international business from Denver University .