Alpha Growth PLC Engagement of Devonshire Warwick, Investor Event
08 June 2018 - 4:00PM
RNS Non-Regulatory
TIDMALGW
Alpha Growth PLC
08 June 2018
8 June 2018
Alpha Growth plc
("Alpha" or the "Company")
Engagement of Devonshire Warwick and Shareholder Event
Alpha Growth plc (LSE: ALGW), the financial services specialist
in the growing Senior Life Settlement ("SLS") asset class, is
pleased to announce it has retained the services of Devonshire
Warwick, LLP to raise assets for its life settlements investment
strategy.
Devonshire Warwick is a placement agent that for a number of
years has raised assets for a variety of alternative investment
strategies. Its clients include family offices, fund of hedge
funds, high net worth investors, wealth management companies,
private banks, pensions funds, insurance companies and other
institutional investors around the globe.
Devonshire Warwick is owned by Cenk Utkan who following the
signing of the contract with Alpha Growth commented: "We always
look out for interesting niches in alternative investments and
managers that are doing something a little different to achieve a
little more which will benefit our clients. Life settlements hedge
funds have always concerned me because of the liquidity risk that
is inherent in their fund structures. Alpha Growth has overcome
this by running their strategy via individually managed accounts.
This, combined with a team of pedigree that is managing these
portfolios of life settlements and able to generate such a high
rate of return made this an opportunity that we could not
neglect."
In addition, as the Board are together in London next week for
meetings we would like to take the opportunity to invite
shareholders to an open discussion at the Fitzroy Tavern, 16
Charlotte Street, W1T 2LY next Monday between 6pm and 8pm, for an
update on current operations and also to meet the newest member of
the team Danny Swick. We would be grateful if those considering
attending could email us at info@algwplc.com.
For more information, please visit www.algwplc.com or contact
the following:
Alpha Growth plc +44 20 3959 8600
Gobind Sahney, Executive Chairman info@algwplc.com
Cassiopeia Services (PR/IR) +44 (0) 7949690338
Stefania Barbaglio Stefania@cassiopeia-ltd.com
Novum Securities Limited (Corporate +44 (0) 207 399
Broker) 9400
Colin Rowbury crowbury@novumsecurities.com
About Alpha Growth plc
Specialist in Longevity Assets
Alpha Growth plc is a financial advisory business providing
specialist consultancy, advisory, and supplementary services to
institutional and qualified investors globally in the multi-billion
dollar market of longevity assets. Building on its well-
established network, Alpha Growth has a unique position in the
longevity asset services and investment business, as a listed
entity with global reach. The Company's strategy is to expand its
advisory and business services via acquisitions and joint ventures
in the UK and the US to attain commercial scale and provide a
wholistic solution to alternative institutional investors who are
in need of specialised skills and unique access to deploy their
financial resource in longevity assets.
Alpha runs life settlements strategy that targets a 10%-15%
annualised rate of return. The Company manages its clients'
investments into the world of life insurance via managed accounts
to avoid the liquidity risk associated with funds that operate in
the same sector.
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END
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