Laureola QP Fund, which is dedicated to life settlements, returned 1.1% for February, bringing its year-to-date return to 2.1%. The fund returned 10.5% in 2019. Stability in the life settlement markets In their March letter to investors, which was reviewed by ValueWalk, Laureola management said the life settlement markets were “relatively calm” last month as deals were closed. Closing IRRs were in the “usual” range. They note that assets increase and decrease in value, depending on liquidity in the market, and the same thing could happen in the life settlement market. However, any price decline would be good news…
This life settlement fund posted a solid February return as markets crashed
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.