AIR Fund Surpasses $160M AUM
Uncorrelated and Consistent Returns Drive Rapid Growth
CHICAGO, June 24, 2021 – AIR Asset Management, a hedge fund management firm focused on longevity-linked investments such as life settlements and annuities, announced that the AIR U.S. Life Fund II strategy has exceeded $160M in assets under management. The strong increase in the strategy's assets has helped fuel AIRAM's rapid pace of growth as a firm. Despite the challenging environment over the last 18 months, AIRAM has increased assets under management to over $430M. The firm believes this is a testament to the value and stability they provide for their investors.
"With high stock market valuations and a challenging yield environment with rates at historically low levels, many investors are seeking diversification and downside protection," explains Stephen Luongo, Chief Investment Officer of AIRAM.
“Our multi-strategy approach, designed to deliver consistent annual returns with low correlation to traditional financial investments, has been increasingly attractive to investors, which is why the strategy’s assets have more than doubled this year.”
Since its inception in August 2017, the strategy's goal has been to provide long-term capital appreciation and minimal correlation to traditional asset classes. It invests in a proprietary portfolio of life insurance policies, life-contingent annuities, and related private credit opportunities. Its edge is its superior access to the life settlement and annuity markets, providing unique investment opportunities.
"This achievement is a testament to investor confidence in AIR Asset Management and our differentiated strategy. It also underscores the benefits of investing in life settlements, which are driven by the potential for diversified returns, low-risk profile, and the opportunity to participate in socially responsible investing," says Richard Beleutz, Chief Executive Officer of AIRAM.
Media Contact:
Will Braun / Sydney Gever
Abernathy MacGregor
212-371-5999
DISCLOSURES
AIR Asset Management ("AIRAM”) is an investment adviser registered with the SEC. The information contained in this email is for general informational purposes only and should not be construed by any prospective or existing client (or investor) of AIRAM as a solicitation to effect transactions in securities. In addition, the information herein should not be construed by any prospective or existing client (or investor) of AIRAM as personalized investment advice. AIR’s personalized investment advice is given only within the context of its contractual agreements with each client. AIRAM’s investment advice may only be rendered after the delivery of its Form ADV-Part 2A/2B and the execution of an agreement by the client and AIRAM.
Any inferences to AIRAM-sponsored and managed investment funds referenced herein are solely intended to provide general information on the investment strategies utilized by AIRAM. The information contained herein is not an offer or solicitation with respect to the purchase or sale of any investment fund sponsored and managed by AIRAM. Any investment decision in connection with such investment funds should be based on the information contained in the Confidential Memorandum and governing documents of the applicable investment fund. Such documents are only available to qualified clients or qualified purchasers with whom AIRAM has established a relationship in accordance with applicable law.