Investing in Life Settlements
Life settlements and related longevity investments can be difficult to originate and even more difficult to analyze. There is no substitute for a rigorous underwriting process.
Properly Underwritten and managed
- High credit quality
- Capital preservation
- Significant spread to 10 Year Treasury
Improperly Underwritten or neglected
- Drain cash
- Deepen a protracted J-curve
- Impair portfolio marks and fund NAV
- Force absolute losses
Perspective on each constituent risk and adherence to core investment strategies helps avoid pitfalls, preserve capital and realize returns.