Laureola is pleased to announce the launch of a limited partnership in Bermuda which will invest exclusively in life settlements. The closed-end structure is ideal for institutional investors wishing to access this unique asset class.
- The term will be 7 years (extendable to 10 years);
- Target return is 8% net to investors;
- Standard GP/LP structure familiar to Institutional investors with a European waterfall and a 5% preferred return;
- The fund is denominated in USD;
- Fund size: USD 250 million to USD 350 million;
- Minimum investment will be USD 5 million; and
- Initial close is 1 December 2022.
Life settlements are life insurance policies, no longer needed by the insureds, which are sold to an investor; the investor pays the premiums and in time collects the death benefits. It follows that a well-managed life settlement Fund can make money regardless of any turmoil in the financial markets.
An allocation to the Laureola strategy has historically reduce portfolio volatility and improve risk-adjusted returns in traditional portfolios of equities and bonds.
Laureola Advisors Inc is the Investment Advisor to the Fund. Established in 2012, Laureola Advisors Inc has a successful 9-year history in managing life settlements. The team of 13 professionals have over 200 years of relevant experience. A medical and scientific panel supports the investment team.
Laureola has a proven track record of generating cash returns from its life settlement investments. Cash returns are the critical performance metric in this asset class.
The Fund Administrator is Apex Fund Services: part of the Apex Group which is a global financial services provider with 85 offices in 42 countries, over 10,000 employees and servicing nearly $3 trillion in assets.
Strong ESG credentials
Life settlements is widely recognised as an ESG compliant asset class: sustainable, responsible, impact investing, with an emphasis on the “S” being social impact.
Laureola Advisors is a signatory of the UN Principles for Responsible Investment.
The current Laureola Australian Life Settlements Fund is still available with an entry point of $A100,000.
Nathan Wares
Managing Director
Australia & New Zealand
Laureola Advisors
nathan.wares@laureolaadvisors.com
Level 1, 60 Martin Place
Sydney NSW 2000
M: +61 419 542 646