Northstar Legacy Capital Launches Inaugural $30 Million Fixed-Term Institutional Life Settlement Fund

New institutional offering targets sophisticated investors seeking non-correlated returns through a disciplined 10-year investment structure with built-in liquidity mechanisms.

Sheridan, Wyoming – August 3, 2026 – Northstar Legacy Capital LLC today announced the launch of its inaugural fixed-term institutional life settlement fund, targeting $30 million in capital commitments to acquire and manage a diversified portfolio of U.S. life settlement policies with an approximate face value of $120 million.

The fund will focus exclusively on high-quality policies issued by A.M. Best A- or better rated carriers. With a weighted average life expectancy of approximately seven years, the portfolio is structured to generate predictable cash flows over a 10-year closed-end term.

“Northstar’s approach is built around institutional discipline and risk management,” said Gilles A. Trahan, Managing Partner of Northstar Legacy Capital. “By utilizing a revolving credit facility to fund premiums and implementing a programmatic exit strategy through the secondary and tertiary markets, we aim to reduce common operational risks while enhancing capital efficiency for our investors.”

The fund offers investors an 8% cumulative preferred return, with an 80/20 split of net profits above the preferred hurdle in favor of investors. Policies that remain outstanding in the later years of the fund term will be sold into the secondary and tertiary markets, where significantly shorter remaining life expectancies typically support stronger pricing and provide a defined liquidity path.

Northstar Legacy Capital brings together an experienced team and established operational partners with deep expertise in policy acquisition, actuarial analysis, premium servicing, and claims management, positioning the firm to execute at institutional standards.

Contact: 

Gilles A. Trahan Managing Partner

Northstar Legacy Capital LLC

Phone: +1 (305) 963-8060 Email: gtrahan@northstar-legacy.com

Disclaimer: This press release contains forward-looking statements regarding projected returns, portfolio performance, and market conditions. Actual results may differ materially. Life settlement investments involve risks, including illiquidity and the potential loss of principal. Past performance is not indicative of future results. This is not an offer to sell or a solicitation of an offer to buy any securities. Any offering will be made only to accredited investors and qualified institutional buyers pursuant to applicable exemptions under U.S. securities laws and only by means of a confidential private placement memorandum.