Ress Capital Expands Sales Team Amidst AUM Growth
Life settlement investor Ress Capital has expanded its sales team with the hiring of Emily Tranberg. Emily Tranberg has joined Ress Capital from Nordnet Bank AB, where she worked as Customer Operations Officer handling the bank’s client accounts related to Know Your Customer (KYC) /Anti-Money Laundering (AML) measures.
“Ress Capital is pleased to announce that Emily Tranberg has joined our sales team,” announces the asset manager of Ress Life Investments, an alternative investment fund investing in the secondary market for US life insurance policies. “Since assets under management in Ress Life Investments continue to grow and are now approaching $300 million, we need to strengthen our team,” said Jonas Mårtenson, Founder and Head of Sales at Ress Capital AB
“I am very happy to have become a part of Ress Capital and most grateful for the opportunity to work alongside such experienced, professional and cheerful colleagues,” said Tranberg. “I already feel like a part of the team, having received a warm welcome right from the start. I am really looking forward to starting my journey with the company and to growing together with them.”
Ress Capital managed Ress Life Investments, a listed fund that seeks to generate high single-digit returns uncorrelated to traditional asset classes by acquiring US life insurance policies on the secondary market. The fund is approaching $300mn in AUM, according to the firm.
"An increasing number of investors are looking to diversify their risks with equity markets at an all-time high," he said "The stable returns and low volatility in returns generated by Ress Life Investments can serve as an alternative to fixed-income investments.”
© The Sortino Group Ltd
All Rights Reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or scanning or otherwise, except under the terms of the Copyright, Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency or other Reprographic Rights Organisation, without the written permission of the publisher. For more information about reprints from AlphaWeek, click here.