New York based alternative investment specialist and fund manager in the longevity linked life settlements space BroadRiver Asset Management, L.P. has bolstered its senior management with the hiring of Emma Dickson, an experienced alternative investments attorney.
BroadRiver Asset Management, which raised $876 million of commitments for its third life settlements fund from institutional investors last year, said that Emma Dickson has joined the company as its General Counsel and Chief Compliance Officer, taking a key role in the firm’s management team.
“Legal excellence and outstanding compliance have been hallmarks of our firm since its inception,” explained Philip Siller, Co-CEO of BroadRiver Asset Management. “Emma brings to BroadRiver years of diverse experience supervising investment funds and leading compliance teams, both in-house and at leading law firms. We look forward to working with her in building our offerings and providing exceptional service to our clients.”
Dickson was most recently Counsel to the Investment Funds Group at law firm Akin Gump, based in London, UK.
Between 2014 to 2017, Dickson worked as the General Counsel at Criterion Capital Management, LLC, a San Francisco-based investment adviser. Prior to that, she worked as an Attorney for Man Investments, focusing on fund launches, securities regulation issues, and general corporate counsel functions. Before she joined Man in 2008, Dickson was an associate in the Investment Management Group at Schulte Roth & Zabel, LLP, handling a range of legal issues related to alternative investment funds.
At BroadRiver Asset Management Dickson will be tasked with structuring and managing the firm’s new and existing funds in a range of non-correlated asset classes.
BroadRiver is looking to expand beyond the insurance and reinsurance linked investing space, to add to its $1.4 billion of assets under management by focusing on other asset classes that are relatively uncorrelated with broader financial factors.
BroadRiver said its strategy is to “provide clients with exposure to assets that have compelling risk-adjusted returns, low volatility, and negligible correlation to financial markets.”
It will be interesting to see if that includes further expansion into reinsurance linked investing through other types of ILS in year’s to come.