Obra Capital

Obra Capital, Inc. is a specialized alternative asset management firm founded in 2009 by Jeffrey Robert Serra. Formerly known as Vida Capital, the company rebranded in December 2022 to signify its business evolution, expansion of asset management solutions, and additions to its leadership team. The firm is backed by investors including RedBird Capital Partners and Aquarian Holdings.

Led by President and CEO Blair H. Wallace, who joined in October 2021, Obra Capital has expanded its senior talent and capabilities. Wallace has a background in finance and law, having served as a Partner at Tenor Capital Management and a Managing Director at Sculptor Capital Management (formerly Och-Ziff). His career began as an associate at the law firm Katten Muchin Rosenman LLP after graduating from Brooklyn Law School.

The firm operates as a vertically integrated asset manager, providing investment products and solutions across insurance special situations, structured credit, asset-based finance, and longevity. Obra's business is divided into two main verticals: insurance and credit. The insurance strategies focus on longevity and mortality-related investments, such as life settlements and reinsurance, aiming for a balanced risk exposure. The credit division targets specialized markets that require sophisticated underwriting, including multi-sector credit and asset-based finance. The company aims to generate uncorrelated, risk-adjusted returns by originating, structuring, and servicing its investments in-house. Obra's business model focuses on providing customized capital solutions for a global investor base, which includes pooled investment vehicles, insurance companies, and other institutional clients.

Keywords: alternative asset management, structured credit, insurance special situations, longevity investing, asset-based finance, life settlements, reinsurance, specialty finance, investment solutions, mortality risk, private equity, institutional investors, capital solutions, vertically integrated, risk management, financial services, portfolio management, absolute return, private debt, esoteric assets