RE: Alpha Cheer14 Apr 2020 15:53
19. WOW - CHECK THIS ONE AS A REASON (ONE OF JUSTIN WAITE'S CRITERIA) This is a scalable, low overhead business which has potential ahead to 10bag, 20bag etc.20. Based on the projected targets Y1:FUM $100m, Y2:FUM $350m etc, the projected FUM after 8 years will be approaching $8 Billion
21. Potential for asset manager(s) to increase credit facility
22. The initial $100m trade target for year 1 indicates confidence of business
developing quickly. After Y2, expected annual increment more than $250m
23. When asked about 3-5 year target/valuation: Danny Swick's reply "..Yes, I think the ultimate goal which I think about on a regular basis is where we get to a point where we have a market cap in excess of $100million.."
24. "..The life settlements market could experience a double-digit compound gross market annual growth rate (CAGR) over the next decade, according to a forecast from investment management consultancy Conning.."
"..By 2028, Conning expect the market to have seen an impressive $212 billion of life settlements, while on an annual issuance basis the average of its ten-year forecast for the annual volume of new life settlements is roughly $6.4 billion.."
"..Undoubtedly, the life settlement industry is advancing rapidly on all fronts, and there is every reason to believe it has a bright future ahead."
https://www.artemis.bm/news/life-settlements-forecast-for-double-digit-cagr-over-next-decade-conning/
25. Highly respected institutional investors have individually invested in life settlements worth billions of dollars. These include: Warren Buffett's Berkshire Hathaway, Deutsche Bank, AIG, Credit Suisse, Fortress, Apollo Global Management.
26. “We believe that life settlements are going to be very common consumer transactions in the future,” says Acheson, noting that “reverse mortgages were not well-understood or widely accepted 15 years ago.”
https://www.cfo.com/profiles/2016/04/life-settlements-cfo-eyes-vast-potential-market/
$100million revolving credit facility about to be inked with asset manager.
27. Jason Sutherland of Alpha Growth is linked with Blackstone Tactical Opportunities Group and has negotiated and structured multiple warehouse facilities between $30mn and $600mn.
28. Update expected between now and end of March - AS NOTIFIED BY 17 MARCH 2020 VOX MESSAGE.