Tag Archives: Holdings

Bluestone Americas CEO, Charles Nam, Announces the Opening of Bluestone Holdings as its Commercial Real Estate Brokerage Unit

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Los Angeles, CA (PRWEB) March 10, 2010

Charles Nam is proud to introduce the newest subsidiary of Bluestone Americas companies – Bluestone Holdings. Charles Nam will head the company branch alongside William Soady, President of Bluestone America.

Commercial real estate has been experiencing a deep corrective phase, which has been catastrophic to some, yet beneficial to others. I am pleased to be able to provide our clients with enough diversification in the segments of our company. Given their particular needs, Bluestone can offer our clients several options and we can address their requests under the same company philosophy theyve come to know and trust for years. Over the years, Bluestone has not only gained long-term clients, but have become their trusted source, says Charles Nam, CEO.

Bluestone Holdings is a licensed real estate firm in California that provides brokerage services for all classifications of commercial, gaming, office, hospitality and professional properties. Bluestone has found new directions for secure funding alternatives during this period of market correction while making a positive impact resulting in growth for the current economy.

Commercial real estate has been stuck in a neutral position since the recession began. With banks unwilling to lend the funds for investors to participate, the need for alternative resources to buy or sell property will become a reality this year as prices begin to bottom out, said William Soady.

About Bluestone America

Bluestone America is a conglomerate of United States and offshore-based corporations whose focus is asset management, asset based project securitization funding and acquisition of alternative funds. The members of the management and advisory boards of the Bluestone Group of Companies have broad based expertise in financial business development and banking in the Middle East, United States, South Korea, Brazil, Taiwan, Hong Kong, China and other key international financial and business centers.

Bluestones management and advisory board members are multi-cultural representing Asia, South America, North America, Africa and the Middle East. Bluestone America has developed various methods of securitizing asset based long-term real estate development projects using Non-Correlated Longevity Assets. These methods and techniques are proprietary intellectual properties developed and owned by Bluestone America.

For more information on Bluestone America:

Info(at)BluestoneAmericaInc(dot)com

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JGWPT Holdings Completes $204 Million Securitization

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Radnor, PA (PRWEB) December 13, 2011

Subsidiaries of JGWPT Holdings, LLC have completed a joint $ 204 million securitization of notes backed by structured settlement and fixed annuity payments.

JGWPT Holdings, LLC is the parent holding company of several consumer finance businesses, most notably J.G. Wentworth Originations and Peachtree Settlement Funding. These two independent originators are two of the most well-known brands that purchase structured settlement payments in exchange for a lump sum of cash. This latest securitization is comprised of payment streams purchased by both of these subsidiaries.

J.G. Wentworth was the first issuer to securitize structured settlement payment streams in the asset-backed markets in 1997. Since then, J.G. Wentworth has issued 24 securitizations backed by structured settlement and fixed-annuity receivables totaling over $ 3 billion. Peachtree Financial was also an active issuer of asset backed bonds backed by structured settlement payment streams and completed seven securitizations from 2004 to 2010 totaling more than $ 700 million.

This most recently completed $ 204 million securitization consisted of two issued classes of notes: $ 174 million of Class A notes rated Aaa by Moodys Investors Service and AAA by DBRS and $ 16 million of Class B notes rated Baa2 by Moodys Investors Service BBB by DBRS and a Residual Class of $ 14 million which was retained by the issuer. Jefferies acted as co-lead arranger and bookrunner and Barclays Capital acted as co-lead arranger.

According to JGWPT Chief Investment Officer Stefano Sola, This was our first joint securitization of J.G. Wentworth LLC and Peachtree Financial originated product under a single parent holding company. The pricing and demand for the transaction reflects the confidence of institutional investors in the new, joint securitization program.

He added that, this second asset-backed transaction in 2011 saw continued interest from traditional J.G. Wentworth and Peachtree investors, but also from a number of new institutional investors to this space. Mr. Sola said, We have continued to broaden our institutional investor base over the years and continue to do so. This is highlighted by the incremental investor interest given current, volatile market conditions.

Mr. Sola said, The transaction was completed in a very challenging market environment characterized by uncertainty and volatility, which, we believe, further validates the strength of this asset class within the broader asset backed market.

David Miller, Chief Executive Officer of JGWPT said, J.G. Wentworth and Peachtree Financial have completed a total of six asset-backed transactions since the beginning of 2010. We believe this continuity underscores our commitment to continued access to the market and providing institutional investors with a stable flow of bonds backed by structured settlement and annuity payment streams in the future.

About the JGWPT Holdings, LLC Family of Companies

JGWPT Holdings, LLC, based in Radnor, PA and Boynton Beach FL, through its specialty finance subsidiaries, is a leading buyer of deferred payments from illiquid financial assets such as structured settlements and fixed annuities. Since 1992, JGWPTs subsidiary companies and their predecessors have purchased over $ 7 billion of future payment obligations from consumers.

For more information about JGWPT Holdings, LLC, visit http://www.jgwpt.com.

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Willis Group Holdings ILS Report: 2012 Sees 2nd Strongest Catastrophe Bond Issuance on File

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London, Uk (PRWEB) February 01, 2013

Last yr observed the 2nd maximum level of disaster bond issuance on report signalling sturdy progress in the market, in accordance to Willis Cash Marketplaces &amp Advisory (WCMA), part of worldwide insurance coverage broker, Willis Team Holdings (NYSE: WSH).

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At yr end $ 5.nine billion of disaster bonds experienced been issued, symbolizing a 37% improve in excess of 2011, in accordance to the most current Insurance policy-Joined Securities (ILS) Market place Update from WCMA.

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The fourth quarter of 2012 saw new issuance quantity of $ one.9 billion of non-lifestyle potential. This capability was issued by way of seven transactions, which compares with the identical volume ($ 1.9 billion) in 9 discounts in Q4 2011. Three transactions have been sponsored by reinsurers, 3 by principal insurers and a single by a govt entity.

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US hurricane risk proceeds to be the predominant catastrophic normal peril currently being securitized and offered in the cash marketplaces with seventy one% of exceptional cat bond limits uncovered to some sort of US hurricane danger.

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Even though cash continued to circulation into ILS funds in the course of the last quarter of 2012, main issuance was nevertheless inadequate to satisfy trader need. This triggered bidding wars on some bonds.

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Bill Dubinsky, Head of ILS at WCMA, stated: Most ILS traders have been hoping that early December would be entire of new issuances as it had been historically. Nevertheless they ended up dissatisfied to have fewer bonds than necessary to fulfill their cash inflows. We feel traders will anxiously welcome the new issuances that are in the pipeline.

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The full 12 months report also functions an job interview with Gary Martucci, Director of Common &amp Poors Financial Companies Ratings Group.

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Willis Cash Markets &amp Advisory, with workplaces in New York and London, offers suggestions to insurance policy and reinsurance firms on a wide array of merger and acquisition transactions as well as cash marketplaces goods this kind of as insurance-linked securities. Practically nothing in this conversation constitutes any lawful or economic advice or an supply or solicitation to offer or purchase any securities.

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Willis Team Holdings plc is a foremost international insurance policies broker. Through its subsidiaries, Willis develops and delivers skilled insurance policy, reinsurance, risk management, financial and human source consulting and actuarial companies to businesses, general public entities and institutions around the globe. Willis has more than four hundred offices in virtually a hundred and twenty nations around the world, with a global staff of roughly seventeen,000 workers serving clients in almost every element of the planet. Extra details on Willis may possibly be discovered at http://www.willis.com.

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Ahead Searching Statements&#thirteen

We have incorporated in this doc ahead-seeking statements’. All statements, other than statements of historic specifics that deal with routines, activities or developments that we expect or anticipate may arise in the future are ahead-hunting statements. Though we imagine that the assumptions underlying these statements are realistic, any of these assumptions, and therefore also the forward-looking statements primarily based on these assumptions, could them selves demonstrate to be inaccurate. In gentle of the considerable uncertainties inherent in ahead-searching statements, our inclusion of this info is not a representation or promise by us that our aims and ideas will be attained.

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