The Fund was established by two highly experienced longevity asset management companies. Purposely created this year to provide investors a very attractive alternative to existing funds building AUM with current data and actuarial practices.
Bringing transparency to investing in Life Settlements
Achieving returns of up to 14% per annum
Delivering non-correlated Returns in volatile markets
Helping to build and protect wealth
The fund invests in life settlements targeting returns in the 10% to 14% range. You can be assured that we are using the latest in actuarial information for all of our investments and applying a valuation methodology that is transparent and accountable.
A Cayman LP with a tax efficient Master/Feeder structure in an open-ended format with quarterly redemption. US investors enjoy deferred taxes until distribution which are taxed at the qualified dividend rate.
The Fund seeks to provide a well-diversified, non-correlated, projected annual rate of return between 10% and 14% after the payment of all fees and expenses. Competitive fees and low volatility provide an attractive return profile.
The Fund aims to achieve this objective through the acquisition of secondary and tertiary Life Settlement policies that will be structured and purchased to mitigate longevity risk and other investment and business risks.
A Life Settlement is the sale of an existing U.S. life insurance policy to a third-party buyer. In exchange for providing a cash payment to the seller, the buyer becomes the owner and beneficiary of the policy. The buyer is responsible for future premium obligations and ultimately collects the death benefit when the insured dies and the policy matures.
BlackOak Growth Fund is a financial advisory business providing specialist consultancy, advisory and supplementary services to institutional and qualified investors globally in the multi-billion dollar market of longevity assets.