Browndorf PEM Launches Longevity Hedge Fund

Sep 26 2008 | 11:31am ET

One emerging hedge fund shop is offering spooked investors a different approach to alternatives.

Newport Beach, Calif.-based  Browndorf PEM has launched the Browndorf Life Settlement Funds to manage portfolios focused on longevity-based or life-linked assets, such as synthetic senior life settlements.

Co-portfolio managers Matthew Browndorf and Jonathan Sadowsky will use financial structures such as longevity contingent swaps and index products issued by the four major global financial institutions currently active in the space to generate stable returns with low volatility for their investors.

“With the credit markets experiencing a severe and unprecedented market dislocation, being able to offer our investors a product with more stable returns that are both uncorrelated to traditional markets and which exhibits reduced return volatility gives us a huge advantage in what I believe will certainly be a new investment paradigm going forward,” said Browndorf.


In Depth

AIMA: Smaller Firms Remain the Lifeblood of the Hedge Fund Industry

Jul 26 2017 | 5:55pm ET

It is a hedge fund industry truism that the largest managers receive the most attention...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 
Error

FINalternatives Trending

From the current issue of