NEW YORK— CanAm Enterprises is pleased to announce that Peter Calabrese will be a featured speaker at the 2021 Virtual EB-5 & Uglobal Immigration Expo Global RCBI Markets & South America to be held May 6-7. Mr. Calabrese serves as Managing Director and Chief Compliance Officer for CanAm Investor Services, a FINRA-registered broker-dealer affiliated with CanAm Enterprises. He is one of several top industry leaders that will be discussing trends and activity in the EB-5 industry in the post-Covid-19 environment.
Mr. Calabrese is scheduled to present on Friday, May 7th from 12:00-12:40 pm on the topic “Second Chances: Breaking down the process and legal requirements of EB-5 capital redeployment.” The discussion will provide an overview of EB-5 capital redeployment, touching on key points such as what is redeployment and why it exists; how redeployment works within the immigration process; and what securities issues need to be considered.
The structure of EB-5 investments has long focused on the need to price EB-5 capital below traditional bank financing to incentivize developers and other job creating businesses to accommodate the additional oversight and reporting requirements. Although EB-5 investors are willing to accept lower returns on their capital during the 5-7 years of the initial EB-5 investment, few want to do so for another 5-10 years during redeployment. “Redeployment investments can be structured in ways that provide investors with market rate returns,” said Calabrese. “At CanAm, our redeployment strategy follows our same EB-5 approach that includes working with high-quality sponsors and applying disciplined and conservative underwriting standards to identify projects that offer attractive risk-adjusted returns.”
CanAm has built a solid reputation for delivering results for its EB-5 investor clients over the past three decades, as well as assisting investors redeploy their EB-funds in new projects. Per the Dec. 31, 2020 audit, CanAm has repaid a total of $1.85 billion in EB-5 capital to 3,700 investors across all six of its Regional Centers. Of which, approximately 650 investors have consented to redeploy their EB-5 funds in new projects with total amount of $325 million.
Peter Calabrese is a Managing Director and the Chief Compliance Officer for CanAm Investor Services. He runs the firm’s US division responsible for the sale of private placement funds for domestic-based foreign investors. His main areas of focus are Latin and South America, Europe, Africa, and India. Prior to joining CanAm, Mr. Calabrese worked for 15 years in institutional sales and trading, with a focus on equity derivatives and volatility products. Mr. Calabrese worked raising capital for an investment management firm. He earned a bachelor’s degree from Brown University, with a concentration in Business Economics, and holds the FINRA Series 7, 24, and 63 licenses.
CanAm is an integrated, multinational investment management firm that specializes in immigration-linked investment funds, private equity, and wealth management. With over three decades of experience, CanAm’s strategic approach to utilizing investor capital and managing risk has raised over $3 billion in private placement funds. Headquartered in New York City with offices in Shanghai, Beijing, Ho Chi Minh City, New Delhi, Dubai, Singapore, and Hong Kong, CanAm is proud to serve an international community of investors with a broad spectrum of investment needs and provide long-term value to the firm’s international and domestic clientele.