Carlisle Management welcomes the launch of the AAP Life Settlement Market Report
15 January, 2013Luxembourg (Marketwire 16 August, 2011) The secondary market for traded US life insurance has largely been an opaque environment with minimal transparency. The ‘AAP Life Settlement Market Review’ has been developed to shed light on this interesting asset class, by providing the investment community an independent report of life settlement market data.
The ‘Market Review’ is generated using transaction data collected directly from leading life settlement providers to give an actual and unbiased picture of the industry. The Review will include monthly aggregated figures relating to current market IRRs, average face values, ages and life expectancies.
“The ‘AAP Life Settlement Market Review’ is a major step forward for the life settlement industry and investment managers in the space”, says Jose Garcia of Carlisle Management Company, a Luxembourg domiciled life settlement fund management company. “Currently investors are left at a disadvantage having to rely solely on the information provided by advisors and counterparties. The Market Review will provide unbiased information and market data to help bridge the gap in understanding so investors can assess investment opportunities and as a consequence have a better foundation in which to make investment decisions.”
The data collection procedures have been developed to be fair and to protect the interest of all parties involved. We have a respectable list of companies which provide data for the market report.” The data providers who have currently contributed are, in alphabetical order: GWG Life, Legacy Benefits, Life Equity, The Lifeline Program, Magna Life Settlements/Vida Capital, Q Capital Strategies and SLG Life Settlements. In addition to this list AAP is in discussions with several other providers to join this group of transparent companies.
“Being able to provide market information to investors and industry participants is a great improvement,” says Beat Hess Managing Director of AA-Partners Ltd. publisher of the ‘AAP Life Settlement Market Review’. “The market has reached a respectable size but it has also remained largely non-transparent. We have looked to solve this issue by collecting transaction data directly from life settlement providers to show an actual and unbiased picture of the market today. We thank those providers who have contributed their support which made this important initiative possible.”
The report will be released monthly. Additional information can be found on the home page of AA-Partners Ltd. (www.aa-partners.ch).
About Carlisle Management Company
Carlisle Management Company SCA (CMC) is a Luxembourg based fund management firm focused on the US secondary life insurance market known as life settlements. Carlisle specializes in alternative asset strategy consulting and life settlement fund development. CMC also is a provider of alternative risk finance and secondary market insurance product consulting. For more information on Carlisle and its life settlement services, please visit the website at www.cmclux.com.
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