MEDIA RELEASE PR37074
Tranen Capital Alternative Investment Fund Lists Class A Shares on the Irish Stock Exchange
ROAD TOWN, Nov. 13 /PRNewswire-AsiaNet/ --
Tranen Capital Alternative Investment Fund Ltd. is pleased to announce a successful listing on the Irish Stock
The Fund, a life markets fund that trades life insurance policies in the secondary market, is catering to investors
seeking both asset diversification and non-correlated returns. The Fund, started in July 2008, is a domiciled British
Virgin Islands Mutual Fund regulated by the Financial Services Commission (FSC). The Fund has been
independently ranked by Barclay Hedge as the #2 ranked Fixed Income Fund for the month of September 2009.
The Fund has consistently ranked #1 or #2 starting in May of 2009. The Fund has been able to capitalize on the
credit crisis by acquiring high quality policies at distress sale prices. Tranen Capital Ltd., the Investment Manager of
the Fund, decided to list the Fund on the Irish Stock Exchange in order to provide a more open and transparent
structure for its investors.
Arthur L. Bowen, managing director for Tranen Capital Ltd., noted that "Transparency is what the market needs,
and a listing on the Irish Stock Exchange will help us achieve that goal." Consistent with this goal of transparency,
the Fund's auditors, KPMG, will provide audited financial statements to its investors for every six-month period, not
just annually.
Tranen Capital Ltd. has participated in many events to help promote the rapidly growing market segment of Life
Settlements. Recently, Tranen Capital was a sponsor of the European Institutional and Alternative Investment
Summit in Nice, France. The investment managers spoke about the advantages of a non-correlated asset class
and the benefits of and need for diversification. They also spoke at the University of Monaco, noting the change in
Demographics globally, and how aging populations will impact the future of the financial markets.
The Fund's strategy is to selectively buy high quality but unwanted or unneeded life insurance policies from
Seniors (65 or older), hold them through the two-year period and sell them to institutional purchasers such as
banks, pension funds or hedge funds. In the 10-15 years of its existence, the life settlements market has grown
from having aggregate invested assets of US$1 billion dollar a year to a current marketplace with annual
investments of well over US$16 billion. As the so-called baby-boomer generation approaches and matures into
retirement age, the market is poised to grow to well over US$160 billion invested annually.
Tranen Capital will be speaking at future events, including the Institutional Investors' Conference in Vienna,
Austria, in February 2010, and at other programs later in the spring and summer.
For more information, please email info@tranencapital.com or call Kenneth Landgaard at +1 646 873 6901.
SOURCE: Tranen Capital, Ltd.
CONTACT: Kenneth Landgaard,
Tranen Capital,
+1-646-873-6901