CapZone launches fund to boost U.S. Navy's maritime infrastructure

CapZone Impact Investments has launched the United Submarine Alliance (USA) Qualified Opportunity Fund LP to enhance the Submarine Industrial Base (SIB) and support the U.S. Navy's submarine production needs. This initiative aligns with the National Defense Industrial Strategy (NDIS) and aims to create a collaborative platform involving the Navy, investors, suppliers, contractors, and local leaders. The fund is designed to leverage American economic resources to bolster national defense readiness. Recently, the USA Fund completed the acquisition of the Alabama Shipyard in Mobile, AL, which has been renamed the Mobile Naval Yard. This 355-acre site will be transformed into a modern shipyard focused on supporting the Navy's Columbia and Virginia Class nuclear submarine programs. This strategic move is part of a broader effort to revitalize small-to-medium shipyards that have historically been vital to the nation's maritime strength. Secretary of the Navy Carlos del Toro emphasized the importance of investing in these shipyards, highlighting their role in maintaining the country’s maritime power. The initiative is seen as a model for public-private partnerships that can effectively address critical infrastructure needs in defense and national security. CapZone CEO Al Puchala noted that the fund aims to activate both institutional and private capital to meet the Navy's operational demands while also fostering economic growth and job creation in the region. The USA Fund is co-chaired by Medal of Honor recipient Col. Jack Jacobs and CapZone Chair Kimberly Lake, focusing on investments in the maritime industrial base.