life settlements

Carlisle Management Company, a Luxembourg headquartered global alternatives investment firm, has announced the successful deployment of its life settlements fund at above target returns.

Vida Capital, Inc., the alternative investment manager and joint-venture partner in insurance-linked securities (ILS) asset manager Merion Square Capital LLC, has named a new Chief Investment Officer who will have oversight of the firms ILS and life settlement investment activities.

Commitments to the Athene Co-Invest Reinsurance Affiliate (ACRA) insurance-linked sidecar vehicle have now reached an impressive $3.2 billion, as capital raising continued within the feeder fund managed by investor and private equity specialist Apollo Global.

Athene Life Re’s recently capitalised sidecar vehicle for life and retirement investment opportunities, Athene Co-Invest Reinsurance Affiliate (ACRA), is a reflection of the innovation in Bermuda that led to the sidecar, applied to the life risks sector, according to Chairman Chip Gillis.

Private equity and alternative investment specialist Apollo Global Management has taken an enlarged stake in Athene Holding Ltd., the life and retirement reinsurance firm that it already majority-owned, while investment commitments for its Athene Co-Invest Reinsurance Affiliate (ACRA) sidecar vehicle have risen to $3 billion.

The Government Superannuation Fund Authority of New Zealand, an autonomous entity that manages the pension assets of state sector employees, said that its allocations to insurance-linked securities (ILS) remain “appropriate to objectives” despite having fallen to a negative return in the last year.

The life settlements market could experience a double-digit compound gross market annual growth rate (CAGR) over the next decade, according to a forecast from investment management consultancy Conning.

Athene Holding Ltd., the life and retirement reinsurance firm that is majority owned by investor and private equity specialists Apollo Global, has had the two entities of its Athene Co-Invest Reinsurance Affiliate (ACRA) sidecar vehicle rated by A.M. Best.

Athene Holding Ltd., the life and retirement reinsurance firm that is majority owned by Apollo, has now taken the capital commitments raised for its new Athene Co-Invest Reinsurance Affiliate (ACRA) vehicle to nearly $1.5 billion.

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.