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Sagot :
The types of funds that take on risks by conducting ground-up development projects that expose the funds to additional construction risks is called: Opportunity Funds
Opportunity funds are investments used to finance projects in economically distressed areas. These funds often focus on job creation, education, housing, and economic development in low-income communities. They are typically set up as a limited partnerships and are funded by public and private sources. The funds are managed by professional investors who seek out projects that can generate returns for the fund and its investors.
But, because it targets economically distressed areas, it tends to possess high risk from crimes and less quality construction supervisors from the lack of pay.
Read more about opportunity funds here :
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