About Vida capital
Vida Capital: A Leading Alternative Asset Manager Specializing in Insurance-Linked Strategies
Vida Capital is a multi-billion dollar alternative asset manager that specializes solely in insurance-linked strategies with a predominant focus on longevity risk. The company was founded in 2009 by Jeff Serra and Dan Young, who have over 50 years of combined experience in the financial industry.
With its headquarters located in Austin, Texas, Vida Capital has become one of the leading players in the insurance-linked securities (ILS) market. The company's mission is to provide investors with access to unique investment opportunities that offer attractive risk-adjusted returns while also providing diversification benefits.
What sets Vida Capital apart from other asset managers is its expertise and focus on longevity risk. Longevity risk refers to the uncertainty surrounding how long people will live and how this will impact insurance companies' liabilities. Vida Capital's investment strategies are designed to help insurers manage their exposure to longevity risk by transferring it to capital markets investors.
The company offers a range of investment solutions that cater to different investor needs and preferences. These include life settlements, which involve purchasing life insurance policies from individuals at a discount; mortality bonds, which are securitized instruments that transfer mortality risk from insurers to investors; and customized solutions tailored specifically for clients' needs.
One of Vida Capital's flagship products is its Life Settlements Fund, which invests primarily in U.S.-based life settlement policies. This fund has consistently delivered strong returns since its inception and has attracted significant interest from institutional investors seeking exposure to this asset class.
Another key product offered by Vida Capital is its Longevity Income Fund, which invests primarily in annuities backed by U.S.-based life insurers. This fund provides investors with exposure to longevity risk while also offering regular income payments throughout retirement.
In addition to these funds, Vida Capital also offers customized solutions for institutional clients looking for bespoke ILS investments tailored specifically for their needs. These solutions can include structured notes or other securitized instruments designed around specific risks or exposures.
Overall, Vida Capital's expertise and focus on insurance-linked strategies make it an attractive partner for both institutional clients seeking unique investment opportunities as well as insurers looking for ways to manage their exposure to longevity risk. With a proven track record of delivering strong returns across multiple market cycles, Vida Capital is well-positioned for continued success as one of the leading players in the ILS market today.