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Obra Capital

Specialized asset manager: insurance and credit

Overview

Obra Capital is a specialized asset manager offering investment solutions in two verticals: insurance and credit. It originates, structures, and services investments in-house, focusing on longevity and mortality-driven assets like life settlements and reinsurance, as well as sophisticated credit strategies in multi-sector credit and asset-based finance. The firm is vertically integrated, leveraging its own capital, transactions, and servicing to deliver customized solutions for institutional clients such as pooled vehicles and insurers, aiming to generate uncorrelated, risk-adjusted returns. Its goal is to provide steady, diversified returns by offering tailored capital solutions across insurance risk and credit markets.

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About Obra Capital

Simplify's Rating
Why Obra Capital is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Quantitative FinanceFinancial Services

Company Size

N/A

Company Stage

N/A

Total Funding

$4.9M

Headquarters

Austin, TX

Founded

2009

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What believers are saying

  • AUM reached $8.6 billion by September 30, 2026, up from $6.4 billion in 2025.
  • Obra closed its fifth CLO on October 23, 2026, raising $403.6 million.
  • Colleen Kilfoyle joined August 31, 2026, strengthening compliance before Obra broadens products and geographies.

What critics are saying

  • The SEC fined Obra $95,000 in 2024 for pay-to-play violations.
  • Legacy Vida lawsuits over valuation and conflicts still shadow Obra's brand and distribution.
  • A valuation or conflicts scandal in life settlements could cripple fundraising and trigger redemptions.

What makes Obra Capital unique

  • Obra combines insurance-linked assets, CLOs, real estate lending, and auto finance under one platform.
  • Blair Wallace and Scott Macklin recruited Sculptor veterans with cross-strategy underwriting experience.
  • Its vertical integration spans sourcing, structuring, servicing, and compliance across niche credit and longevity.

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Funding

Total Funding

$4.9M

Above

Industry Average

Funded Over

0 Rounds

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • Flexible Savings Accounts
  • Health Savings Account/Flexible Spending Account
  • Life Insurance
  • Disability Insurance
  • Commuter Benefits
  • Meal Benefits

Company News

GlobeNewswire
Aug 31st, 2026
Colleen Kilfoyle joins Obra Capital as Chief Compliance Officer.

Colleen Kilfoyle joins Obra Capital as Chief Compliance Officer. NEW YORK, Aug. 31, 2026 (GLOBE NEWSWIRE) - Obra Capital, Inc. ("Obra"), a specialized alternative asset management firm, today announced that Colleen Kilfoyle has joined the firm as Chief Compliance Officer. She will join Obra's senior management team and will report directly to Stephen Kirkwood, Obra's Chief Legal Officer, reflecting the firm's commitment to continued positioning of compliance as a core strategic function powering Obra's long-term growth. Kilfoyle joins Obra from Sculptor Capital Management, where she spent over a decade directing compliance, legal and regulatory functions for the $37 billion alternative asset manager, most recently as Executive Managing Director and Partner, Chief Compliance Officer, Chief Litigation & Regulatory Counsel. During her tenure at Sculptor, Kilfoyle worked closely with several members of Obra's current leadership team, including CEO Blair Wallace. In her new role, Kilfoyle will lead Obra's regulatory strategy, steering the firm through an increasingly complex compliance landscape. Her mandate includes enhancing the firm's compliance monitoring infrastructure and technology capabilities, building out the compliance team to support Obra's continued growth and reinforcing the firm's commitment to investors and counterparties. "As Obra broadens its platform and extends into new strategies, products and geographies, having a premier compliance program is a strategic focus," said Blair Wallace, Chief Executive Officer at Obra Capital. "Colleen brings a stellar track record and valuable insights that will be critical as we drive our growth strategy forward. We are pleased to be working together again, and we welcome her to the Obra team." "I am excited to join Obra at such a pivotal moment in its evolution," said Kilfoyle. "The firm has built a compelling and differentiated platform, and I look forward to working closely with the leadership team to ensure that our compliance program is not only rigorous and current, but also a competitive advantage as we pursue new opportunities for our investors." In addition to her compliance leadership role at Sculptor, Kilfoyle spent seven years overseeing all firm and fund litigation, enforcement matters and regulatory inquiries. Earlier in her career, she practiced as a litigation associate at Dickstein Shapiro LLP and Bingham McCutchen LLP. Kilfoyle earned her B.A. in History from Boston College and received her J.D. from Brooklyn Law School. About Obra Capital Obra is a specialized alternative asset management firm that provides investment strategies and solutions across insurance and credit verticals. The firm aims to generate long-term value and attractive risk-adjusted returns for investors through a variety of funds and separate accounts. With capabilities that span investing, sourcing, structuring and servicing, Obra strives to provide differentiated investment opportunities for investors globally. As of July 30, 2026, the estimated unaudited amount of assets under management across Obra's registered investment advisors, was approximately $8.3 billion. Obra owns and operates a CLO management business, a commercial real estate lending platform and an indirect automobile finance company. For more information about Obra and its registered investment advisors, please visit www.obra.com. Media Contact: Dan Gagnier Gagnier Communications [email protected] 646-569-5897

StreetInsider
Jun 3rd, 2026
Obra Capital closes fourth CLO for $403M, surpassing $1.75B in two years

Obra Capital has closed its fourth Collateralized Loan Obligation offering, Obra CLO 4, raising $403.05 million. The transaction brings the firm's total CLO issuance to over $1.75 billion in two years. Founded in 2009, Obra is an alternative asset management firm specialising in insurance and credit strategies. The CLO will be managed by Obra CLO Management LLC, operating within the firm's leveraged finance platform led by Scott Macklin and Peter Polanskyj. J.P. Morgan Securities served as placement agent, with Milbank providing legal representation. As of 30 April 2026, Obra managed approximately $7.3 billion in assets across its registered investment advisors. The firm also operates a CLO management business, commercial real estate lending platform and indirect automobile finance company.

GlobeNewswire
Oct 28th, 2025
Melissa Randall Joins Obra Capital as Chief Human Resources Officer

Melissa Randall joins Obra Capital as Chief Human Resources Officer. NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) - Obra Capital, Inc. ("Obra"), an asset management firm with a specialized approach to alternative investing, today announced that Melissa Randall has joined the firm as Chief Human Resources Officer and Senior Managing Director. In this role, she will lead Obra's human resources operations, providing talent management and organizational support to Obra's management team as the firm continues to grow. She will be based in New York and report to Obra CEO Blair Wallace. Randall brings over 20 years of human resources experience and a deep track record of building scalable, high-impact human resources functions across asset management and private equity organizations. She joins from Waterfall Asset Management, where she served as Global Chief Human Resources Officer and formalized internal HR processes for the specialty finance-focused alternative investment manager. Prior to Waterfall, Randall was Head of Talent at Siris Capital Group, where she oversaw all human resources and administrative functions across the private equity firm and provided support to portfolio company teams on HR issues as needed. Earlier in her career, she held senior roles at Cognizant including Director of Global Talent and Transformation and Head of Onboarding and Engagement for the Americas, where she supported multiple M&A integrations and workforce transformation initiatives. She later served as the Lead Human Resource Business Partner for the North America Consulting practice. "Melissa brings a wealth of experience in human capital strategy and organizational development that will be instrumental as we continue to build our business and invest in the firm's long-term success," said Blair Wallace, Chief Executive Officer at Obra Capital. "We are pleased to welcome her to the Obra team." "Obra is in a period of dynamic growth, with a rapidly expanding team," Randall added. "I look forward to collaborating with Blair and the Obra leadership team to support this momentum and cultivate talent in service of a firmwide culture of excellence." Randall holds a B.S. in Family Studies from the University of Maryland, an M.A. in Organizational Behavior from Fairleigh Dickinson University and an M.S.W. from Fordham University. She also holds multiple professional assessment certifications, enabling her to apply data-driven insights to leadership development, talent selection and organizational effectiveness initiatives. About Obra Capital Obra is a specialized alternative asset management firm that provides investment products and solutions across insurance and credit verticals. The firm aims to generate long-term value and returns for investors through a variety of funds and separate accounts. With capabilities in investing, sourcing, structuring and servicing, Obra strives to provide differentiated investment opportunities for investors globally. As of September 30, 2025, the estimated unaudited amount of assets under management across Obra's registered investment advisors, was approximately $6.4 billion. Obra owns and operates a CLO management business, a commercial real estate lending platform and an auto finance company. For more information about Obra and its registered investment advisors, please visit www.obra.com. Media Contact: Dan Gagnier Gagnier Communications [email protected]

ABF Journal
Oct 3rd, 2025
Arra Finance Enters Agreement with Support of Obra Capital, Secures Facility with Goldman Sachs

Arra Finance, a subprime indirect auto finance company, finalized its acquisition of the auto finance division of Crescent Bank and increased its funding

Artemis
May 8th, 2025
Obra Capital promotes Polanskyj to Chief Investment Officer

Obra Capital, an alternative asset manager that invests across a range of insurance-linked opportunities in life, annuity, property and casualty risks, has announced the promotion of Peter Polanskyj to Chief Investment Officer.

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