Institutional Life Settlement Funds

Guided by Certainty. Built for Legacy.

Northstar Legacy Capital acquires and manages institutional-grade portfolios of U.S. life settlement policies through fixed-term funds, delivering non-correlated returns grounded in actuarial certainty rather than market cycles.

Request Investor Information

Learn How It Works

An Institutional Alternative Built on Actuarial Certainty

Life settlements represent one of the few truly non-correlated asset classes available to sophisticated investors. Returns are driven by human longevity rather than equity markets, interest rates, or economic cycles.

Each year, billions of dollars in U.S. life insurance policy face value go unclaimed. Many policies lapse or are surrendered for far less than their intrinsic worth. This persistent market inefficiency creates a disciplined opportunity for institutional capital.

Northstar Legacy Capital acquires high-quality, investment-grade life insurance policies and manages them through fixed-term funds. By focusing on A-rated or better policies and maintaining a structured 10-year investment horizon with a planned exit through the secondary and tertiary markets, we aim to deliver stable, actuarially driven returns with low correlation to traditional asset classes.

This is an investment grounded in one of life’s few certainties.

Disciplined Capital Deployment

Institutional-
Grade Selection

Cash Drag
Elimination

Defined Term

and Liquidity

Only A-rated carriers. Independent underwriting.

We acquire only A-rated or better U.S. life insurance policies. Every policy undergoes independent actuarial underwriting with strict criteria on life expectancy, carrier quality, and premium obligations.

Premiums funded by revolver, not investor capital.

A revolving credit facility is utilized to fund ongoing premiums. This structure ensures investor capital is deployed into income-producing policies rather than sitting in low-yielding cash reserves.

Each fund has a fixed 10-year term. Policies that remain outstanding in later years are sold into the secondary and tertiary markets, where significantly shorter remaining life expectancies typically support stronger pricing and faster liquidity, helping protect the overall investment timeline.

Fixed 10-year term with tertiary market exit.

Institutional Strength. Proven Expertise.

Northstar Legacy Capital acquires and manages institutional-grade portfolios of U.S. life settlement policies through fixed-term funds. We combine disciplined underwriting, operational efficiency, and a clearly defined exit strategy to deliver non-correlated returns to sophisticated investors.

01

Deep Industry Experience

Institutional expertise across banking, insurance, and life settlements

Northstar’s approach is informed by senior financial executives with deep experience in banking, life insurance, and private equity, alongside established specialists who collectively bring more than 100 years of focused life settlement expertise.

This includes policy origination, actuarial analysis, premium servicing, insured tracking, longevity risk assessment, and death claim processing through a fully integrated platform.

02

Disciplined Portfolio Construction & Risk Management

Institutional standards at every level

We acquire only A.M. Best A- or better rated policies and apply rigorous underwriting criteria.

Portfolios are diversified across carriers, age cohorts, and geographies, with a revolving credit facility used to eliminate cash drag and keep investor capital fully deployed.

03

Defined Term with Structured Liquidity

Clear exit path built into the fund design

Each fund operates on a fixed 10-year term with predictable cash flow timing.

Policies that remain outstanding in later years are sold into the secondary and tertiary markets, where significantly shorter life expectancies typically support stronger pricing and faster liquidity.

Learn more about Northstar