Member Info for euclid55

https://www.privateequityinternational.com/apollo-in-525m-life-settlements-bet/

Hi James,

what big things are happening here do you think?

Have you spoken to the BoD at all recently?

Thanks

23% cos is still a high risk play, best not to compare it to the worl's average cos. 77% chance of failure....not much diff to an oil exploration well

taken from the Admission document:

The Company is also aware through its corporate finance contacts of groups of Institutional investors who want to obtain an exposure to the SLS asset class as a means of asset diversification but which may not have the financial ability or the desire to buy and manage entire portfolios.

These corporate finance houses are proposing to establish SPVs (likely to be established in Ireland) which are funded by bond issues to these investors.

The Company’s role will be to provide specialist advisory services to the corporate finance house on the initial portfolio acquisition transaction, and additionally, where possible, to introduce possible investors to the corporate finance houses.

For these services it will receive a bonus in addition to the retainer it anticipates to sign upon completion of the transaction when the SPV becomes a client. Additional work should then follow in the management of the portfolio and potential later disposals or further acquisitions.

http://algwplc.com/wp-content/uploads/2017/12/AlphaGrowthPLC.pdf

Thanks for your post Clanger, do you post on Advfn?....ot Twitter?

Alpha Growth plc (LSE: ALGW), a financial services specialist in the growing Senior Life Settlement ("SLS") asset class, is pleased to announce the launch of its own Hybrid security. The completion of the security into its marketable structure was finalised this month. Alpha was advised under engagement on the structure of the security by our advisors from one of the "Big Four" accounting firms' London offices and Actuarial Risk Management of Austin, Texas.

Alpha is offering the security to insurers and institutional investors, providing an attractive risk yield over a 10-year term with minimal correlation to conventional equity and commodity markets. It is called the High Yield Return ("HYR") Security and is a debt equity hybrid investment, coupled with risk management and quality-rated collateral that provides diversity and safety in return to a range of investors and insurers.

The HYR security is expected to provide an attractive investment opportunity for insurers and other organisations with annuity-like cash flows that have Asset Backed Security allocations. Based on analysis conducted by its advisors and specifically the Big Four accounting firm, regulated insurers under Solvency II could generate Matching Adjustment compliant assets with significant capital saving compared to an equivalent BBB bond.

HYR was developed by Alpha after surveying financial institutional investors who were highly regulated and particularly disciplined in their investment methodology. These investors require a product that will have minimal impact on their regulatory capital requirements yet provide predictable, attractive and minimally-correlated returns with complete transparency in management.

Gobind Sahney, Executive Chairman of Alpha, commented:

"We are delighted to announce this unique and innovative investment structure with our respected advisors and have already commenced discussions with insurers in the UK."

https://www.investegate.co.uk/alpha-growth-plc--algw-/rns/launch-of-innovative-hybrid-product/201802060700049840D/

James, you have been saying that for the past week

Looked ast Co Hse website today:
Next accounts made up to 31 August 2018 due by 28 February 2019

https://t.co/deAufpvmgT

just shows the market and the potential in ths trype of business that Algw are involved in:

At the reporting date of 28 September 2018, the Fund held 96 life insurance policies with a total net death benefit of $335 million. The average policy size (net death benefit) was approximately US$3.5 million. The portfolio covered 40 illnesses, 73 lives and 34 insurance companies. Based upon weighted net death benefit, 90.3% of the portfolio was represented by insureds who were aged 80 or over, with an overall weighted average age of 91.90 years.

At the start of the year, the Fund’s independent valuation agent, Maple Life Analytics, projected portfolio maturities for 2018 of $72.7 million (but with a range of between $35.8 million and $121.3 million). In the nine months to the end of September 2018, there were eighteen reported maturities with a total net death benefit of $69.45 million, comfortably ahead of expectations.

http://www.eeafmg.gg/news/

Company’s role will be to provide specialist advisory services to the corporate finance house on the initial portfolio
acquisition transaction, and additionally, where possible, to introduce possible investors to the corporate finance
houses. For these services it will receive a bonus in addition to the retainer it anticipates to sign upon completion

taken from the admiss doc

If it's hype you lose money, if it's real you may make a lot

if this doens't fit your investment risk criteria, best to not hold & invest in managed funds with lower risk profile

if you want to take a punt on something that may make you 50% - 100% then buy these

What is life insurance securitization or life ILS? Life insurance securitization is becoming an increasingly common aspect of insurance-linked securities. It acts as a further source for investors to diversify their portfolios and is an additional way to utilize risk exposure and transfer this to the capital markets.

Typically used in a similar way as other forms of ILS, like longevity, mortality and catastrophe bonds, life ILS is often used as a means to raise risk capital, and in principle they all hold the potential to achieve the same objectives. That being said, the majority of life securitizations to date have been for financing transactions rather than a primary focus on spreading risk.

One of the ways a life insurer could benefit from securitization is when they have a potential for vast growth, as securitization can provide a greater leverage capacity than traditional financing techniques – like issuing equity capital. Life securitization also utilizes credit wraps backed by third-party guarantors, which in return is creating confidence in the market by helping to minimize investor risk.

Life ILS is expected to grow over the coming years as more and more life insurers continue to seek ways to raise capital and protect themselves against losses. It gives investors a chance to access the returns of life insurance business, as well as giving them the chance to diversify or hedge within their portfolios of assets.

Securitization also provides the scope to deal with the long payback periods of life insurance products, something that has always troubled investors within the life industry.

http://www.artemis.bm/library/what_is_life_insurance_securitization_ils.html

Worth a quick read of Magna Life settlements report

https://www.magnalifesettlements.com/wp-content/uploads/2018/10/Magna_2018IndustryReport.pdf

nom

James if GS really told you that then the best thing for all investors is to sell all your shares.

Why, because past history tells us that whenever BoD's tell any s.holders theis sort of inform they are breaking insider rules. Terefore they are ramping & possibly lying to get mug punters buying their shares.

History repeats itself.

Think about it and not much there are many here & on twitter constantly ramping this to hell & back with this $50m contract news. If GS was genuine he would never give out this info to any s/holder on the tel.

Didn't really move the price at all, wonder why when this is quite illiquid share?

Sent you a pm on Advfn Thanks Mr Euclud5

Hi Jarv55, Have replied back to you on Advfn Yes you have the correct person

Hi Jarv55, Will drop you a pm on Advfn later Thanks

Do you have a username in Advfn, if so I or you can PM there please

Let me know your usernames in Advfn, mine is euclid5

Thanks