Madison Strategic Partners Announces New Longevity Hedge for Life Insurance Portfolios

NEW YORK, Sept. 27 /PRNewswire/ -- Madison Strategic Partners, a specialty finance and longevity products asset manager, announced today the launch of a longevity hedge product designed for life insurance investors.  The hedge is issued in conjunction with a high investment grade, US counterparty and is designed to mitigate longevity extension past the life expectancy date, one of the most substantial risks associated with investments in life assets.

"After one year of development, our structuring team is pleased to introduce this unique and innovative product to the marketplace," said Louis Kreisberg, CEO of Madison Strategic Partners.  "The hedge is available to both existing portfolio holders and new market entrants.  It offers investors the ability to backstop longevity risk and increase the certainty of portfolio cash flows while utilizing a product that is issued by an extremely credit-worthy counter-party."

"This is substantially different from earlier hedge products, many of which were designed as 'put' options.  Madison's product allows the asset owner to retain 100% ownership of the death benefit while also retaining the right to transfer the hedge in the event of a future sale.  This portability inherently makes the policies substantially more valuable," Kreisberg continued.  "The hedge payment streams can be structured with a high degree of flexibility and customized to meet each investor's specific cash flow needs."

For additional information, or to reach Madison Strategic Partners directly, please contact 212-328-0303 or visit www.madisonpartnersny.com.

About Madison Strategic Partners:

Based in New York, Madison Strategic Partners NY, LLC develops and manages insurance and longevity-based financial products for institutional and high-net-worth investors. Madison's principals have completed over $17 billion of deal value since 2003, working in conjunction with major global banks and institutional investors.

SOURCE Madison Strategic Partners