Opto Launches ‘Planner’ Tool to Build Custom Private Markets Allocations
Financial technology firm Opto Investments has announced the launch of its latest tool. “Planner” simplifies long-term private markets investing by helping advisers determine appropriate target private markets allocations and develop an investment pacing strategy suited to each client’s needs.
Founded by Joe Lonsdale, Opto partners with registered investment advisers and single- and multifamily offices to build and deliver tailored, proprietary private markets funds on a user-friendly platform to ease private markets investing and minimize the burden of administration. Built with a fee structure that aligns it with its clients, Opto does not receive compensation from fund managers and frequently invests its own capital in the deals it chooses for its platform.
As the latest tool, according to Opto, Planner empowers advisers to create analytically rigorous, long-term private investment plans. Each plan is customized to RIA clients’ individual goals and provides clear projections for investments across private markets that reflect their respective financial plans. Advisers can select target allocations by leveraging their firm’s model portfolios through custom funds crafted in partnership with Opto. They can then create a pacing plan to reach the target and quickly deliver a proposal to clients.
“From start to finish, private markets can be complex,” said Eytan Schindelhaim, head of product at Opto Investments. “At Opto, we embrace that complexity and create solutions that are thoughtfully simple. The Planner enables advisers to clearly demonstrate to clients how private markets can help them achieve their goals within the context of their total portfolio – and then lays out the steps to get there.”
Opto’s platform helps advisers guide clients through the entire private markets investment lifecycle. According to the company, the platform includes investment selection and diligence collaboration, and portfolio construction tools. And once clients are ready to transact, it features a simplified subscription document flow and automated back-office processes including managing capital calls, tax documentation, and reporting.
Recently, Opto co-founder and general counsel Kamal Jafarnia took an additional leadership role, committing to become chief legal officer and general counsel for tech-driven investment management platform Vise.
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