An apparatus, a polarization diversity receiver and a method of receiving a received optical signal. In one embodiment, the apparatus includes: (1) an optical device configured to separate in-phase and quadrature components of a received optical signal, to transmit the in-phase components to a first optical output thereof and to transmit the quadrature components to a second optical output thereof, (2) a first polarization splitter coupled to receive light at the first optical output and (3) a second polarization splitter coupled to receive light at the second optical output.