New York, NY – June 1, 2010 – Life Policy Group (LPG), a specialist in life settlement investment and policy acquisition, last week conducted its first life settlement investment seminar. Titled, Sweating the Asset: How To Make Sure Your Life Settlement Investment Delivers, the May 19 event at The Yale Club in New York brought hedge funds, family offices, endowments and pension funds together with seasoned life settlement industry executives to discuss trends and developments shaping the growth of this emerging asset class.
“Investors remain hungry for effective strategies that enable them to access the life settlements market. Providing full transparency through an educated and unbiased view of the investment opportunities, weighed with the risks, is key to allow investors to feel comfortable when they invest in this non-correlated asset class.” said Mark Engelhardt, CEO of Life Policy Group. “In providing a forum for investors and industry veterans to come together to share knowledge and opportunities, LPG’s inaugural life settlement seminar underscores our commitment to helping institutional investors, family offices, and broker-dealers tap the benefits of this attractive asset class.”
Participants were treated to three presentations and lively discussion which explored past negative perceptions of this maturing industry, its continued evolution and a range of investment challenges and opportunities. Keynote presentations included:
• Mark Engelhardt, CEO of Life Policy Group, provided a detailed overview of the growth of the life settlement market, addressed misconceptions about the industry and presented the investment options available to investors seeking to enhance their portfolios;
• Brian Casey, Partner at Locke Lord Bissell & Liddell LLP and one of Life Settlement Review’s “Top 10 Most Influential People in the Life Settlement Industry,” reviewed due diligence in life settlement investing and the impact of increased regulation; and
• Bill Potoczak, Joint Owner of Mills, Potoczak & Company, a full service public accounting firm, offered his insights into the role of life settlement servicing.
Brian Casey, Partner at Locke Lord Bissell & Liddell, added, “Bans on stranger originated life insurance or STOLI, an advance in regulations nationwide and the arrival of meaningful transparency within transactions are all examples of how the asset class has matured. However, for investors to take full advantage of the asset class, thorough due diligence and the selection of experienced service providers throughout the investment process remain critical to mitigating risks and achieving the expected returns.”
Steve Oliver, President of ManhattanRidge Advisors, a delegate at the seminar commented, “Combining life settlement industry veterans Mark Engelhardt’s, Brian Casey’s and Bill Potoczak’s insights with a detailed explanation of current investment strategies, LPG provided investors with a thorough exploration of the opportunities and challenges of life settlement investing at every part of the process from policy sourcing and valuation to structuring investment portfolios. I look forward to their next event.”
The LPG seminar series for investors continues this summer. For more details click here.
About Life Policy Group
Founded in 2007, Life Policy Group (LPG) is a specialist in life settlements investment and policy acquisition. Directly and through its subsidiaries, which include Life Settlement Leads and LifeBack, LPG participates in all aspects of life settlement investing providing investment advice and solutions to institutional investors, family offices, broker-dealers, high net worth investors, consumers and other life settlement service providers. LPG applies extensive life settlement expertise and proprietary technology to policy acquisition and valuation, policy and portfolio servicing, and fund management to provide clients with comprehensive life settlement solutions designed to enhance their investment returns.