Proficio Capital Partners Launches Multi-Strategy Insurance Dedicated Fund (IDF)

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Proficio Capital Strategic Opportunities IDF focused on tax-efficient investing

The goal of the Proficio IDF is to generate risk adjusted returns while preserving wealth through extreme diversification and multiple investment strategies.

Proficio Capital Partners, a multi-family office serving as a high touch manager of both liquid and illiquid financial assets, today announced the launch of a new Insurance Dedicated Fund– the Proficio Capital Strategic Opportunities IDF (the “Fund”) – a series of the SALI Multi-Series Fund, L.P. immediately available on Prudential Financial and Crown Global Insurance Group platforms. Proficio Capital Partners serves as the discretionary subadvisor to the Fund.

The Fund distinguishes itself by providing an opportunistic approach to diversification by investing in a multi-asset portfolio of both internally and externally managed investment vehicles including, but not limited to: single-stocks, bonds and alternative positions, as well as commodities and precious metals, hedge funds, mutual funds, liquid alternative indices, structured products, derivatives, futures, ETFs, ETNs, CEFs and other investment vehicles. It aims to generate highly competitive risk-adjusted returns through the construction of a highly diversified and actively allocated combination of asset classes and securities. The Fund will be available inside both variable annuity (PPVA) and variable life insurance (PPVUL) policies.

Tax efficiency is at the core of Proficio’s investment strategy for its families. In fact, the firm was founded in 2014 by Matthew Wosk and Bob Haber after becoming frustrated with the lack of options for families to evaluate their true performance reports after fees and taxes. PPVUL and PPVA investment accounts have been part of a long-standing tax exclusion for investing inside an insurance/annuity policy. Proficio has been using these types of accounts for their families to complement non-IDF investment accounts with a focus on generating more efficient after-tax returns.

“We evaluated other IDFs, but determined that to meet the multi-generational wealth needs of our families, the options were limited,” said Proficio Founder and Chief Investment Officer Bob Haber. “Similar to our non-IDF offering, the goal of the Proficio IDF Fund will be to generate risk adjusted returns while preserving wealth through extreme diversification and multiple investment strategies. The difference, however, will be that these investments will be held inside an insurance policy.”

“We know that our families’ primary goal is to preserve their wealth throughout multiple generations and the biggest enemy of that wealth is taxes,” said Matthew Wosk, Proficio Founder and Chief Executive Officer. “The reality is that with the country’s current level of debt, the marginal tax rate is only going up for high net worth families. That is why our ongoing focus is two-fold – grow their wealth and preserve that wealth from being depleted by taxes.”

SALI Fund Partners LLC serves as the general partner to the Fund. The minimum investment in The Fund is $200,000 and is expected to be available to investors through additional insurance companies over time. To satisfy the life insurance component, investors will have to undergo a medical exam as part of the underwriting process. As with any life insurance, the rates will be determined by age and health.

About Proficio Capital Partners
Proficio Capital Partners is a multi-family office located just outside Boston, Massachusetts. Founded in 2014 by Bob Haber (CIO; previously at Fidelity) and Matthew Wosk (CEO; previously at Credit Suisse and Goldman Sachs), Proficio serves as a high-touch manager of both liquid and illiquid financial assets operating with high transparency to families, trustees, and administrators. The firm follows a service delivery model holding themselves as an objective provider of advice that places the interests of their clients first with a focus on wealth preservation and after-tax, after-fee, risk adjusted returns. For more information go to:

About SALI Fund Partners LLC
SALI Fund Partners, LLC and its affiliates (together, “SALI”) provide a turn-key solution for the creation and administration of Insurance Dedicated Funds (IDFs). To date, SALI has created 100+ IDFs for 28 major life insurance company PPVA and PPVUL investment account platforms, both onshore and offshore. SALI is an open-architecture platform that works cooperatively with investment managers, insurance companies, and insurance brokers to create IDFs targeted for distribution to high net worth individuals; corporate-owned life insurance (COLI); insurance company-owned life insurance (I-COLI); bank-owned life insurance (BOLI); and pensions, endowments, and foundations. For more information go to:

For further information contact:
Proficio Capital Partners
Lauren Maughan

Media Relations
Donna Cox-Davies

Only accredited investors or qualified purchasers as described by the Securities Act of 1933 may invest. This material is intended for informational purposes only, should not be construed as legal or tax advice, and does not replace the advice of a qualified attorney or tax advisor. The life insurance component provides death benefit coverage and the Fund component provides the potential to increase or decrease the policy's surrender and loan value. Investment results and performance of the Fund may vary, are not guaranteed and involve risks, including the possible loss of principal.

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