The parent of a life settlement company has started a subsidiary that will sell longevity and mortality investment advisory services in the United Kingdom.
Peach Holdings Inc., Boynton Beach, Fla., the holding company for the group that includes Peachtree Life Settlements, says the asset management subsidiary, Peachtree Asset Management Ltd., has opened for business.
The subsidiary, which has a principal office in London, will be the asset manager for the new Peachtree Non-Correlated Fund, Peach says.