Miravast Asset Management LLC, a leading vertically integrated investment manager with deep experience underwriting longevity risk and investing in life settlements is pleased to share that it recently completed fundraising for Miravast ILS Credit Opportunities II LP ("Fund II") with $346 million of fund commitments.
Miravast Asset Management LLC, a leading vertically integrated investment manager with deep experience underwriting longevity risk and investing in life settlements is pleased to share that it recently completed fundraising for Miravast ILS Credit Opportunities II LP ("Fund II") with $346 million of fund commitments.
"Closing Fund II represents an important milestone for Miravast. We continue to believe Miravast offers institutional investors an unparalleled team of medical underwriting and actuarial experts. The LP support we are fortunate to have for Fund II further exemplifies the confidence that the institutional LP community has in the Miravast team,"
said Dave Beckelman, Chief Executive Officer.
"As with its predecessor, Fund II has a global institutional investor base. We are grateful to have support from existing and new institutional LP's as we execute our strategy. We have invested a portion of Fund II's committed capital and will continue to leverage our in-house expertise as we pursue additional investments,"
said Dave Cherkas, Executive Vice President.
Schule Roth & Zabel LLP served as legal counsel for Miravast Asset Management and Fund II.