Opteris is a partnership founded by venture investors for venture investors. With offices in Los Angeles and Silicon Valley, Opteris has strong relationships throughout California, with coverage from San Francisco to San Diego. Opteris is positioning itself as the preferred alternative exit for venture capital: a collaborative partner bringing decades of VC experience to design liquidity strategies for a select group of venture funds. Opteris is a growth investor, acquiring venture assets with strong management and strong upside potential. The proprietary Opteris investing methodology combines fundamental financial analysis, venture capital perspective, and top-down market analysis. Additionally, the relationships and VC experience of the Opteris management team are vital to increase the value of the assets under management.
Opteris was founded to address a fundamental problem in private equity – a lack of liquidity. A large and active private equity secondary market does exist but is primarily focused on the resale of limited partner interests; investors in private equity funds are typically large institutions which occasionally sell their positions in these funds to other large institutions. This market does not adequately address the liquidity needs of the private equity funds themselves, those who wish to divest their assets to redeploy capital or return capital to their investors.
The seeds of Opteris were planted at the USC Marshall School of Business and the Rady School of Management at UC San Diego, where Dr. Sankey is an adjunct professor. A group of his students were conducting research into inefficiencies in private equity and hypothetical secondary markets. The problem was simple: tomorrow’s Google is not getting funded today. Venture capital investment dollars are tied up in existing investments and are not flowing into new businesses. Long holding periods have made venture capital a poor asset class. In addition, venture backed companies are artificially failing due to the lack of wherewithal from their investors. An active secondary market would enable funds to actively manage their positions, rather than the outdated strategy of buy and hold until IPO or M&A. Venture capital can achieve appealing returns with significantly reduced liquidity risk, thus once again making it an attractive asset class.
Vision Statement: To transform private equity by providing investors the flexibility to manage risk and drive higher returns.
Learn how Opteris can benefit you.
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Los Angeles: 213-599-7970