MVP Life Insurance Hedge Fund Debuts

May 6 2010 | 1:27pm ET

San Francisco-based MVP Asset Management has launched a life insurance hedge fund.

The MVP Premium Fund offers secured lending to providers of premium finance and life-settlement traders across 27 life insurers. The strategy underlying the fund has returned 46% since its inception more than three years ago. Fund manager Torben Rankine said the strategy should generate returns of 8% to 10%, on average, annually.

“While 2010 to date has been affected by an imbalance of supply and demand resulting in illiquidity in the life settlement marketplace, as a burgeoning asset class, it continues to offer a compelling long-term risk-adjusted return as compared to the market as a whole,” Rankine said. “While the market until now have remained largely dominated by sophisticated investors and institutions, MVP Premium Fund is the first of its kind to offer participation in the space to those seeking lower thresholds to entry.”

The minimum investment for the new vehicle is $10,000, £10,000 or €10,000.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR