Opto Investments (“Opto”), the technology-enabled solution for private market access for independent investment advisors, announced today that it has emerged from stealth with $145 million in Series A financing.


New York, United States:

Technology-enabled platform connects investment advisors to extremely sought-after private funds

Dr. Mark Machin, the former CEO of CPP Investments, to steer the firm as Co-Founder and CEO, bringing world investment administration expertise


Opto Investments (“Opto”), the technology-enabled solution for private market access for independent investment advisors, announced today that it has emerged from stealth with $145 million in Series A financing. Opto is led by Co-Founder and CEO Mark Machin, with Co-Founder Joe Lonsdale serving as Chairman. The firm operated in stealth as ‘LIT.’


Tiger Global led the Series A spherical with participation from 8VC, Michael Dell’s MSD Capital, Clocktower Ventures, FinVC, HOF Capital, and others. Opto has already partnered with over 80 RIAs and can use the capital to safe investment alternatives for its prospects, proceed to scale its business, and add to its 45-member crew.


Providing Private Market Access to Investment Advisors and their Clients


“The world is staring down daunting challenges in this decade and beyond. Our experience in Silicon Valley and the United States innovation ecosystem is that well-funded entrepreneurs can solve these problems and create prosperity,” stated Chairman Joe Lonsdale, who can be the Managing Partner at 8VC. “I co-founded Opto with top talent from the technology and financial world to open up private markets to top investment advisors and their global clients like never before—and unlock new capital for the world’s greatest innovators building for the future.”

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Despite the rising position of alternate options in powering the innovation economy, the overwhelming majority of financial savings worldwide have little to no access to different property and the common wealth advisor has 0-4% of their portfolio in private investments, usually because of a scarcity of sources and environment friendly access. Private markets stay an untapped and rising alternative, representing lower than 10% of the total measurement of public markets.


Opto has created a platform to assist RIAs degree up their practices with access to unique private market investments. Opto supplies an intuitive framework to discover the private market panorama, incorporate shopper objectives and pursuits, perceive how well-regarded household places of work function, and switch insights into actionable investments.


Co-Founder and CEO Mark Machin stated, “At CPP Investments, one of the largest global asset owners, I was privileged to be able to access the best private investment opportunities in the world. These top private investment opportunities are rarely made available to individual investors; Opto’s mission is to change that. Our vision at Opto is to use technology and innovation to break down barriers and give privileged access to our investment advisors and their clients. I’m excited to be on this mission with my talented colleagues.”


Opto simplifies investment operations and integrates with current distributors and know-how. The platform manages the course of from begin to end: from sourcing, diligence, and subscribing to funds; to monitoring positions, capital name schedules, investor servicing and reporting. This permits investment advisors extra time to give attention to shopper outcomes and income progress.

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Veteran Leadership Team


Opto is helmed by a veteran management crew with robust networks throughout the different investment trade.


Co-Founder and CEO of Opto, Mark Machin was most just lately President & CEO of CPP Investments, which manages over C$500 billion and is one in all the main private market buyers in the world. Mark can be a member of the Government of Singapore Investment Corporation (GIC)’s International Advisory Board, Singapore’s Sovereign Wealth Fund, and an advisor to its Portfolio Strategies Committee. He was additionally the Chair of FCLT Global, a think-tank based to encourage the capital markets to give attention to long-horizon capital deployment.


Joe Lonsdale, Opto’s Chairman, is the Managing Partner at 8VC and the founding father of firms equivalent to Palantir, OpenGov, and Addepar. Lonsdale served as CEO of Addepar, which now has over $4 trillion reporting by way of its wealth administration know-how platform, and he stays the Chairman of that firm.


The remainder of the Opto management crew contains trade veterans from Addepar, Artivest, BlackRock, Bridgewater, CAIS, FS Investments, PIMCO, and W.P. Carey.


About Opto Investments


Opto Investments supplies independent investment advisors with a complete solution for accessing private market investments. Opto Investments’ platform connects investment advisors to top-performing managers and a full suite of different asset instruments to assist appeal to purchasers, enhance income, and guarantee that their purchasers are capable of access the very best private investment alternatives.

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For further data, please go to the Opto Investments web site and LinkedIn.


About 8VC


8VC is a number one know-how and life sciences investment agency primarily based in Austin, Texas, with places of work in San Francisco and New York. 8VC companions with the world’s finest technologists to construct firms that create long-lasting worth for the world.



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