By Katy Stech
The Wall Street Journal - August 22, 2016
Life Partners customers who invested in roughly 3,400 life-insurance policies must decide by Tuesday between two competing plans from life-settlement firms BroadRiver Asset Management and Vida Capital Inc., which are fighting to manage the lucrative Life Partners $2.3 billion portfolio.
By Julie Creswell and Mary Williams Walsh
The New York Times - August 13, 2016
Around the world, life insurers are wrestling with existential questions. Interest rates are near zero, and in some places have turned negative — unprecedented until recent years. It is contributing to a crisis moment for a business once considered a bedrock of financial stability and an industry that supports the retirement of millions.
By Transparency Alliance
August 5, 2016
Transparency Alliance LLC has negotiated major victories for the benefit of investors and creditors as part of its active participation in the jointly administered Life Partners Holdings, Inc. bankruptcy cases.
By Katy Stech
Wall Street Journal - August 2, 2016
More than 20,000 customers of Life Partners Inc., which put together investment deals that bet on the timing of a stranger's death, are deciding whether to ditch their investments or continue making payments under scenarios offered by two warring groups.
By Transparency Alliance
July 28, 2016
Transparency Alliance LLC has finalized its schedule of in-person meetings and live webinars with Life Partners Holdings, Inc.'s creditors.
By Transparency Alliance
July 22, 2016
Transparency Alliance LLC has scheduled an informational road show to present Life Partners Holdings Inc.'s creditors with its proposed bankruptcy reorganization plan, which was recently approved for solicitation by Judge Russell F. Nelms of the U.S. Bankruptcy Court for the Northern District of Texas.
By Shayna Posses
Law 360 – May 31, 2016
U.S. Bankruptcy Judge Nelms approved a settlement of more than $1 billion that covers legal claims of over 20,000 investors in Life Partners. Shayna Possess details the ruling and the certification of a settlement class and subclasses in the Life Partners’ bankruptcy cases.
By Mike Copeland
Waco Tribune – April 11, 2016
Life Partners trustee Thomas Moran filed suit against more than two dozen nonprofit agencies for the return of $2.1 million of donations. Mike Copeland interviews many representatives of the charities in question, asking how they will respond to the lawsuit. Copeland also details the SEC lawsuit against Life Partners, describing its inaccurate life expectancy reports and the “egregious amount it charged in fees”.
By Katy Stech
Wall Street Journal - March 20, 2016
Katy Stech discusses the lawsuits filed by Thomas Moran to recover money from shareholders, promoters and even charities. The article details Life Partners’ fraudulent behavior, including their unrealistic life expectancy figures and misleading financial statements.
By Dave Lieber
The Dallas Morning News – March 18, 2016
Talk show host Dennis McCuisition and thousands of others made a consequential mistake by investing in Life Partners, one of the biggest investment frauds in the history of Texas. Dave Lieber describes the many issues with Life Partners, ranging from a weak board to a corrupt CEO, and the investors’ ongoing problems, such as exuberant legal fees.
By David Toll
Reuters Buyouts – August 31, 2015
Philip Siller spoke with the Executive Editor of Reuters Buyouts on the predictability of longevity risk and how these types of funds have seen much better returns than private equity over the past decade.
By Danielle Kane
Money Management Intelligence – August 14, 2015
An uptick in interest in private debt likely has to do with two factors: an anticipated rise in interest rates and a pricey PE market. Beyond those factors though are smaller, niche drivers, according to Andrew Plevin.
By Alex Cardno
Alternative Credit Intelligence – July 6, 2015
Andrew Plevin and Philip Siller sat down with ACI for an in-depth feature on BroadRiver’s unique investment strategies in the private credit market and the BroadRiver story.
By Tom Stabile
FundFire – May 6, 2015
Andrew Plevin spoke at ACG New York on the illiquid fund’s that managers are creating under the broader private credit umbrella as institutional investors and family offices continue to seek attractive return prospects.
By Andrew Plevin and Philip Siller
FINalternatives– March 31, 2015
Andrew Plevin and Philip Siller discuss life settlements as an asset class and the benefits to the consumer and investor.
By Steve Marlin
Markets Media – February 24, 2015
Persistently low yields have caused allocators to consider other forms of investments. Andrew Plevin discusses alternative fixed-income investment strategies.
By Bailey McCann
Opalesque – January 28, 2015
Opalesque summarizes our recent whitepaper on managers looking to private credit investments to perform similar to fixed income portfolios but with better downside protection.
By Steve Marlin
Markets Media – January 16, 2015
The team sat down with Markets Media to discuss the role of fixed income investing for institutions and private credit strategies.