The firm, which specializes in providing financial advisors greater access to private market investments, says the enhancements enable the creation of white-label fund strategies encompassing private credit, equity, real estate, venture capital and infrastructure.
"The rollout of Opto's custom fund capabilities reflects our commitment to supporting advisors and giving them personalized solutions to navigate private markets effectively," Ryan VanGorder, chief executive officer at Opto, said in a statement. "We're focused on helping advisors to not just compete but to stand out, providing them with avenues to offer unparalleled value to their clients. This new approach is set to elevate the private markets investment experience for advisors and clients alike."
Informed by
ShoreHaven Wealth Partners, an independent wealth management firm working with a select group of affluent multigenerational families and high net worth individuals, has adopted Opto's custom funds offering to expand its clients' private markets exposure.
Michael Durso, co-founder and chief investment officer of ShoreHaven, said the product aims to streamline the process of creating and managing custom private markets funds that offer the potential for diversification and attractive returns.
"Their access, relationships, and institutional knowledge — as well as efficient, user-friendly technology — offer tangible benefits to our firm and clients," he said in a statement. "What's more is, the fact that Opto is investing alongside my clients with its own capital demonstrates an alignment of interests that is rare to see in this arena."
Opto was co-founded in 2020 by Addepar, Palantir and OpenGov founder Joe Lonsdale.
The firm will also take part in the second annual
Opto and the six other Demo Drop presenters were selected by an independent committee of industry experts from a field of nearly 100 applicants. Applicants were assessed on creativity, outside-the-box thinking and the ability to create a real impact for the industry as a whole.
