Industry News Archive
European Life-Exchange Member in Talks with Major US Investment Bank
Advanced Life Settlements Management, B.V. (“Advanced LSM”), a specialized Dutch firm active in life settlements responded to rumours today of a possible alliance with a major US investment bank.
When asked about the possible deal with a Wall Street bank, Titus van Heur, Managing Director of Advanced LSM, commented, “We are growing rapidly in terms of knowledge, reputation, and volume and since announcing our membership in Life-Exchange a couple of weeks ago, we have received numerous inquiries from European and US financial institutions interested in this space. We are now in discussions with a major Wall Street investment bank to combine their credit worthiness with our life settlement knowledge so that we can introduce innovative new products to the European market.”
“This alliance will not take the form of a joint venture but will focus specifically on Advanced LSM’s market expertise and sharing creditworthiness and I anticipate that this type of innovative alliance will further facilitate development of the life settlement market in Europe,” added Titus van Heur.
About Advanced Life Settlement Management, B.V.
Advanced Life Settlement Management, B.V. is a Dutch firm specializing in the US life settlement market. Advanced LSM offers innovative financial services for institutional clients and intermediaries throughout Europe. Their unique knowledge and understanding of the life settlement market has, in the relative short period, led to their clear presence and solid reputation in the US life settlement market. Advanced LSM has experience in all aspects of the industry and they continue to pioneer developments for the sector. For more information, please visit www.advancedlsm.com
