21 November 2018
Alpha Growth plc
("Alpha", or the "Company")
SL Investment Management Joint Venture
Alpha Growth plc (LSE: ALGW), the financial services specialist in the growing Senior Life Settlement ("SLS") asset class, is pleased to announce that it has signed Heads of Terms with SL Investment Management Limited, ("SLIM"), a
The Fund is expected to launch in the first quarter of 2019 and has a minimum seed commitment of
Gobind Sahney, Chairman at Alpha Growth, commented:
"We are really pleased to be working with SLIM on this project and look forward to a long and successful collaboration."
Patrick McAdams of SL commented:
"The combination of Alpha and SLIM will be a strong combination unique in the marketplace. We look forward to working with Danny Swick, Gobind Sahney and their team towards the success of the Fund."
About SL Investment Management
Since 1990 in longevity assets.
Starting as the specialist in
The Directors expect to make further announcements in due course and are committed to enhancing shareholder value.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
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For more information, please visit www.algwplc.com or contact the following:
Alpha Growth plc |
+44 (0) 20 3959 8600 |
Gobind Sahney, Executive Chairman |
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Cassiopeia Services (PR/IR) |
+44 (0) 7949 690338 |
Stefania Barbaglio |
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Novum Securities Limited (Corporate Broker) |
+44 (0) 207 399 9400 |
Colin Rowbury |
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
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
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