AIR Asset Management Life Settlement Multi-Strategy Surpasses $160mn AUM
Chicago-based longevity-linked investment manager AIR Asset Management's AIR U.S. Life Fund II strategy has exceeded $160mn in assets under management.
“With high stock market valuations and a challenging yield environment with rates at historically low levels, many investors are seeking diversification and downside protection,” said Stephen Luongo, Chief Investment Officer of AIRAM. “Our multi-strategy approach, designed to deliver consistent annual returns with low correlation to traditional financial investments, has been increasingly attractive to investors, which is why the strategy’s assets have more than doubled this year."
AIR U.S. Life Fund II invests in a proprietary portfolio of life insurance policies, life-contingent annuities, and related private credit opportunities.
"This achievement is a testament to investor confidence in AIR Asset Management and our differentiated strategy. It also underscores the benefits of investing in life settlements, which are driven by the potential for diversified returns, low-risk profile, and the opportunity to participate in socially responsible investing," says Richard Beleutz, Chief Executive Officer of AIRAM.
© The Sortino Group Ltd
All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.