PROVO, Utah-(BUSINESS WIRE)-In a move to address the growing demand by investors for quality curated opportunities in early growth companies, the Hall Family Office is honoring its 64-year legacy of success and innovation by launching Hall Venture Partners and its first tax-advantaged venture fund, Hall Opportunity Fund 1. Hall Opportunity Fund 1 has been opened to invest in early growth companies based in Utah, taking advantage of recent federal legislation to encourage investments into federally designated “Opportunity zones.” If applied properly, the opportunity zone legislation offers huge benefits to investors. Provo, Utah is home to an opportunity zone that has been identified as one of the top three most attractive opportunity zones nationally, and HVP is ideally positioned to deploy capital immediately into investments that will meet the strict opportunity zone requirements. The opportunity zone potential is a new and added avenue to potential returns from processes the Hall family has perfected. Hall Venture Partners is a one-of-a-kind venture fund with its headquarters in Provo, Utah, led by world-class management partners David Hall, Derek Weber, Matt Van Dyke and David Kunz. HVP’s Opportunity Fund 1 will select its portfolio targets from technology and material science companies, including potentially companies that currently are being supported by the Hall Family Office and established Hall Labs programs. As an additional benefit, the fund creates the potential for tax-advantaged “Opportunity zone” investments that allow for deferrals of capital gains beyond the real estate sector.