Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

13268

North Channel Bank acquires NorthStar Life Services

RELATED TOPICS​

North Channel Bank, located in Mainz, Germany, has acquired NorthStar Life Services, headquartered in Irvine, California.

NorthStar Life Services is a servicer in the US life settlement market, providing portfolio advisory, servicing and due diligence services to institutional investors worldwide.
 
North Channel Bank believes the acquisition of NorthStar will strengthen its position as a specialist financier in the life settlement market segment. In addition to its existing financing solutions, North Channel Bank, together with NorthStar, can now offer a broader array of life settlement services to its customers.
 
North Channel’s managing director Volker Bellmann says: “We have worked with NorthStar for almost three years and are thrilled to formalise our relationship with the premier service provider in this asset class. We are confident that this development will provide synergistic opportunities for both companies, while enhancing the range of services available to customers.”
 
NorthStar will continue to operate in Irvine, CA, with essentially the same management and operations team.
 
NorthStar’s chief executive Ward Bukofsky says: “We are extremely enthusiastic about the acquisition by North Channel Bank. This provides NorthStar with the depth of resources and enhanced institutional presence that will enable us to grow even faster while continuing to provide the superior quality services that our clients expect.”

Latest News

Iress has announced that it has extended its partnership with Dow Jones Newswires to give..
The Financial Conduct Authority (FCA) writes that in new rules, it has set out a..
GAM has announced it has reached a definitive agreement to transfer its Management Company activities..

Related Articles

infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving the UK’s growth ambitions is increasingly on investors’ agendas...
Pensions might not feature at the top of the political parties’ manifesto promises this election, but their role in driving..
Duncan Higgs, Bfinance
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges in investment management fees and costs across various asset classes...
Bfinance has released its latest report, "Investment Management Fees: Fairness Revisited," with a comprehensive analysis of current trends and challenges..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by