“It is incumbent upon industry leaders such as Madison Strategic Partners to help inform discussions … to better educate both the high net worth and institutional investors” – CEO Louis Kreisberg.
New York, NY (PRWEB) July 21, 2011
Principals of leading life insurance asset manager, Madison Strategic Partners discussed the investment opportunity and history of the life and longevity insurance market as general sponsor of Opal Financial Group’s Family Office & Private Wealth Management Forum which took place between July 18 – 20 in Newport, RI.
In a panel dedicated to these alternative investments Madison Strategic Partners’ CIO Stephen Farrier joined other industry leaders to explore “Why Are the Best Credit Funds Now Investing in the Life & Longevity Markets?”
With insights drawn from his long career in the industry and experience working alongside Madison Strategic Partners’ CEO, Louis Kreisberg, Mr. Farrier covered both sides of the debate on the asset class. In addition, he provided an overview of the types of life insurance investment opportunities currently available in the market for family offices and high net worth individuals.
Commenting on the panel topic, Madison Strategic Partners CEO, Louis Kreisberg said, “As interest in this alternative asset class has clearly begun to increase, it is incumbent upon industry leaders such as Madison Strategic Partners to help inform discussions about the size and scope of the market as well as the underlying opportunity in order to better educate both the high net worth and institutional investors.”
Louis Kreisberg has been a principal figure in the insurance industry since 1984 and has led a number of pioneering efforts to create innovative financing structures for life assets. Prior to founding Madison Strategic Partners, Mr. Kreisberg was a partner in Pacifica LLC, where he led efforts to originate and finance over $6 billion of policies, executed over $4 billion in policy sales and, through an affiliated company, acquired over $10 billion for its servicing platform. As a principal at Park Venture Advisors, Mr. Kreisberg designed bank-funded finance programs for insurance assets, structuring one of the first annuity-based programs with a major European bank and subsequently utilizing close to $1 billion of funding. He also led the origination and funding of over $6 billion of assets with international banks and private capital sources.
About Madison Strategic Partners:
Based in New York, Madison Strategic Partners is a leading manager of life insurance assets with over $1.8 billion in face value of assets under management. Madison’s principals are pioneers in the life insurance financing and investment sectors having structured, originated and managed over $17 billion in life asset transactions since 2001, working in conjunction with major global banks and institutional investors. The firm’s integrated platform offers asset sourcing, asset management and servicing capabilities.