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

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note