January 31, 2017

Custom-Tailored Institution Instead of Standard Bank – New Fund Concept with Unique Stock Selection and Early Warning System

North Channel Bank has established itself in the German banking sector as the institution for investments in US Life Settlements. Founded in 1924 as a privately owned bank headquartered in Berlin, the bank was able to significantly increase its range of services by taking over its US affiliate from the US Life Settlement industry. In addition, the bank manages the new, innovative Mayence Fair Value Bond Fund. The professional magazine Profi Invest portrays the history and development of North Channel Bank.

From a Private-Sector Bank to an Investment Partner

North Channel Bank, which was acquired by a group of North American investors in 2009, was founded in 1924, under the name of Privatbank Bankhaus Oswald Kruber. At that time it was based in Berlin and not Mainz as it is today. With the takeover of the American affiliate NorthStar Life Services, LLC, in 2013, the bank established its current core business, the financing of investments in US Life Settlements. This enables the bank to offer a comprehensive range of services in the secondary market for US Life Settlements.

Individual Credit Solutions in Structured Finance

In addition to this line of business, the bank offers individual credit solutions in structured finance. This ranges from classic structured finance (project financing, receivables portfolio financing, capital market-oriented forms of financing, etc.) to working capital management.

Furthermore, together with the investment boutique AHP Capital Management GmbH, the bank has established the innovative fixed income fund, Mayence Fair Value Bond Fund. It is managed using a quantitative system that compares the market price for credit risk with the fair risk price. North Channel Bank has assumed the asset management function and AHP the fund advisor position.

Here you can read the full guest article in an issue of Profi Invest
Download Article, Profi Invest No. 1/2017 in German Only
(With kind approval of the copyright holder)