Obra Capital, a specialized alternative asset management firm, added Ashish Sinha as managing director, asset-based finance. He will support the firm’s asset-based opportunistic credit strategy out of the firm’s New York office, reporting to Matt Roesler, senior managing director and head of multi-sector credit.
Sinha brings nearly two decades of experience investing across public and private asset-backed markets, most recently serving as managing director at Encina Capital, where he led a team originating, structuring and underwriting investments across the consumer, residential and commercial sectors. He joins Obra as the firm expands its asset-based finance presence, focusing on less-correlated opportunities in areas of capital scarcity where returns are driven by contractual cash flows and originator fundamentals rather than broader market conditions. The strategy targets niche, structurally-driven investments with attractive risk and income profiles in sectors where long-term economic and societal shifts have outpaced the availability of traditional capital.
“With the addition of Ashish to our team, we further develop our capabilities at the intersection of insurance and credit,” Roesler said. “Our business is built around insurance-related assets, managing capital on behalf of insurance balance sheets and delivering differentiated, uncorrelated investment strategies across our platform. Ashish’s experience structuring and investing in asset-backed opportunities across sectors strengthens our origination platform and enhances what we can offer investors.”
Sinha said, “Obra has built something genuinely distinctive — an integrated platform that bridges insurance capital management and specialty credit in a way few firms can replicate. I am excited to contribute to the firm’s asset-based finance platform and look forward to helping deliver strong outcomes for investors.”
Prior to Encina, Sinha spent nearly four years as a senior sector analyst in the structured products and specialty finance group at Elliott Management, where he managed an ABS portfolio spanning residential, consumer, commercial and esoteric asset classes. Earlier in his career, Sinha held investment roles at Waterfall Asset Management, Oak Hill Advisors, Pacific Investment Management and Goldman Sachs.
Sinha holds an M.B.A. from the University of Chicago Booth School of Business, an M.A. in mathematics from Columbia University and a B.S.E. in computer engineering from New York University’s Polytechnic Institute, where he graduated summa cum laude.
