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September 13, 2016
Subsidiary of North Channel Bank
NorthStar to sponsor Fasano Conference.
NorthStar Life Services will be one of this year’s sponsors at the Fasano Conference to be held on November 7th in Washington, D.C. “Through our sponsorship of the conference, we want to demonstrate to our customers and business associates that we are committed to this industry,” explained John McFarland, CEO of NorthStar Life Services. “We’re confident that the life settlement market will continue to grow and develop as it offers investors attractive returns and asset diversification.”
The Fasano Conference was created by Michael Fasano, Founder and CEO of Fasano Associates, one of the leading life expectancy underwriting firms in the US. This conference is of great importance to the life settlement market, as it offers a platform for investors, providers, servicers and lenders to come together. “As a participant at the conference, we have always gained new knowledge and benefitted from the informative and highly relevant presentations,” McFarland continued. “Our sponsorship should be seen as a sign of our confidence in the long-term potential of the market.”
With company headquarters located in Irvine, California, NorthStar Life Services, LLC is an experienced and well-respected fixture in the market place. The NorthStar team has been serving investors for more than 15 years and has been a subsidiary of North Channel Bank since 2013.
North Channel Bank GmbH & Co. KG was founded in 1924 as the private bank Bankhaus Oswald Kruber, located in Berlin. In 2009, a group of North American investors with expertise in the life settlement sector acquired the bank and renamed it North Channel Bank. In the following years the bank developed into one of the leading institutes in US life settlement financing. With the takeover of the subsidiary NorthStar Life Services, LLC, Irvine, California, in 2013, the bank gained direct access to and influence on a reliable, experienced and renowned service provider. Today, in addition to the financing of US life settlements, the bank also offers individual services in the securities trading business.