New York, NY – April 10, 2024 – Obra Capital, Inc. (“Obra”) today announced the listing of Obra Opportunistic Structured Products ETF (NYSE:OOSP) and Obra High Grade Structured Products ETF (NYSE:OGSP). The ETFs are the inaugural investor offerings of Obra Fund Management, LLC, the manager of the funds. Additional information about the manager and the funds can be found at the newly launched website www.ObraFunds.com.
“I am very proud and excited to announce the listing of Obra Opportunistic Structured Products and Obra High Grade Structured Products ETFs,” said Blair Wallace, President and Chief Executive Officer of Obra Capital, Inc. “Through OOSP and OGSP, we aim to provide investors with investment options with access to a wide variety of securitized products. We intend to deploy a dynamic approach, which will allow the team to shift allocation based on changing market conditions while working to deliver a dividend every quarter.”
Obra Opportunistic Structured Products ETF
OOSP seeks to generate current income with a focus on principal preservation by investing primarily in securitized products[1]. OOSP will take an active approach to investing across asset-backed securities, mortgage-backed securities, residential mortgage-backed securities, commercial mortgage-backed securities, collateralized debt obligations, collateralized mortgage obligations, and collateralized loan obligations. The fund will invest up and down capital structures and the duration spectrum, contingent upon market conditions.
Obra High Grade Structured Products ETF
OGSP seeks to generate current income with a focus on principal preservation by investing, primarily, in high-grade and investment-grade securitized products[2]. OGSP will take an active approach to investing, allocating across asset-backed securities, mortgage-backed securities, residential mortgage-backed securities, commercial mortgage-backed securities, collateralized debt obligations, collateralized mortgage obligations, and collateralized loan obligations. The fund will invest up and down capital structures and the duration spectrum, contingent upon market conditions.
Experienced Portfolio Management
OOSP and OGSP will be managed by Peter Polanskyj, Senior Managing Director, Head of Structured Credit and Matt Roesler, Managing Director, Structured Credit.
Mr. Polanskyj has over 27 years of experience investing in a variety of structured investments with corporate credit underlying and has successfully raised and managed a $12bn collateralized loan obligation management platform.
Mr. Roesler has over 20 years of experience in portfolio management on behalf of liability-driven, total return and opportunistic accounts with a focus on securitized products, capital relief transactions, and secured financing opportunities.
ObraFunds.com
In support of Obra Fund Management, LLC and the newly launched Obra Opportunistic Structured Products ETF and Obra High Grade Structured Products ETF, Obra Capital has launched a new website available at www.ObraFunds.com. The new website provides investors with access to fact sheets, prospectus, SAI, performance data, and investment approach.
For more information, please visit www.ObraFunds.com.
About Obra Capital
Obra Capital, Inc. is an alternative asset management firm that provides investment products and solutions across insurance special situations, structured credit, asset-based finance, and longevity. The firm aims to generate long-term value and returns for investors through a variety of funds and separate accounts. With capabilities in investing, originating, structuring, and servicing, Obra provides differentiated investment opportunities for investors globally. As of March 31, 2024, Obra Capital Management, LLC’s estimated unaudited amount of assets under management was approximately $4.3 billion. For more information about Obra, please visit www.obra.com.
