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RESS LIFE FUND
Ress Life Fund is an open-ended mutual investment fund incorporated in Luxembourg as a "fonds commun de placement" (FCP). The fund is only open to professional investors as defined by the European Union's MIFID directive. Ress Life Fund invests in the secondary market for US life insurance policies, also known as life settlements. The fund will purchase a large and diversified portfolio of life settlements. The custodian bank for Ress Life Fund is Caceis Bank Luxembourg. Caceis Bank is the largest French custodian bank with a AA-rating. Wells Fargo Bank in the United States acts as the fund's sub-custodian, paying agent and escrow agent. Arendt & Medernach acts as the fund's legal counsel and Ernst & Young provides tax advise. Ress Life Fund is audited annually by Deloitte in Luxembourg. |
