Newport Beach, CA, October 31, 2008 --(PR.com
)-- Browndorf PEM, LLC, an emerging hedge fund manager in Newport Beach, CA, recently launched an alternate asset class of Browndorf Life Settlement Fund to manage longevity based portfolios or life-linked assets such as senior life settlements.
The new longevity linked hedge fund allows investors to invest and profit from the future mortality profile of the population. The funds are co-managed by Matthew C. Browndorf, Esq., an attorney with expertise in the reinsurance and financial fields, and Jonathan T. Sadowsky, a former hedge fund portfolio manager at Barclays Global Investors in San Francisco, CA.
Browndorf’s longevity linked hedge fund provides stable and attractive returns. It provides solutions for different types of investors by allowing them to opportunistically diversify into areas that have reduced risk and greater possibility for strong returns.
According to Matthew C. Browndorf, Esq., the credit market is experiencing a severe and unprecedented market dislocation. In such a situation, being able to offer a product with more stable returns that are both uncorrelated to traditional markets and exhibiting reduced return volatility gives Browndorf PEM an extra edge over other organizations.
Browndorf is one of the first buy-side firms to utilize synthetic life-linked assets to mitigate the unwanted operational and legal risks and provide a diversified portfolio of Senior Life Settlements in a hedge fund structure.