BOCA RATON, Fla.--(BUSINESS WIRE)--Opal Capital, LLC (“Opal”), an investment management company that specializes in equity income solutions, today announces its formal launch. With a modern, focused approach, Opal Capital will seek to deliver a range of actively managed income strategies driven by dividend paying equities.
Opal Capital was founded by industry veteran Austin Graff, CFA, who has nearly two decades of experience in financial services, including positions at PIMCO and Goldman Sachs. At PIMCO, Mr. Graff oversaw a suite of dividend strategies as a portfolio manager. Currently, Graff serves as the portfolio manager to the TrueShares Low Volatility Equity Income ETF (DIVZ), which he will continue to sub-advise under the new Opal Capital name. Graff also serves as the co-chief investment officer at Titleist Asset Management.
“The launch of Opal Capital comes at a time in the market when investors are looking for income and stability in their portfolios,” said Graff. “After years of focus on growth names, we believe that dividend paying equities have been overlooked, and that income solutions will play a critical role in investor portfolios. Through our differentiated approach, we intend to provide clients with the opportunity to grow their portfolio while also generating income.”
Opal’s modern investment process is based on the following principles: focused on selecting dividend stocks, deep fundamental research of underlying businesses, forward-looking analysis, and the freedom to allocate to the best opportunities. This approach allows the firm to identify companies with resilient business models that display characteristics of stable and profitable growth through various market cycles. Unlike traditional dividend funds, Opal will focus on investments in only the highest quality dividend paying stocks, seeking to hold approximately 30 securities across its individual portfolios.
Alongside its investment management services for ETFs, Opal Capital will provide a range of separately managed account options for family offices and financial advisors. To learn more about Opal, visit www.opalinvest.com.
About Opal Capital
Opal Capital is an investment management firm headquartered in Boca Raton, Florida, and focused on providing services for equity dividend financial products and ETFs. Opal Capital serves as the sub-adviser to the TrueShares Low Volatility Equity Income ETF (DIVZ).