Launches & Closures

Life settlement fund launches on PCE platform


PCE Investors, the London-based hedge fund incubation platform, has rolled out the Strategic Life Settlement Fund. The fund has received approval from the Irish regulator and is believed to be the first life settlement strategy of this kind offered from the jurisdiction.

The fund is managed by Stephen Kevan and Alan Moore. It is available to qualified investors and will target a net annual return of at least 8-11%. It will aim for low volatility and minimal correlation to asset classes including equity, fixed interest, commercial property, commodities and other alternative investments.

The fund managers took research by AM