EMERGENT CAPITAL, INC. (NYSE:EMG) Files An 8-K Other Events
On March 18, 2020, Emergent Capital, Inc. (“Emergent”) issued a press release providing an update on maturities and investment portfolio. A copy of the press release is filed herewith as Exhibit 99.1.
|(d) Exhibits||EXHIBIT INDEX|
|99.1||Press release dated March 18, 2020.|
EMERGENT CAPITAL, INC. Exhibit
EX-99.1 2 tm2013082d1_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 Emergent Capital Announces Q1 Maturities and Provides Investment Portfolio Update Nine White Eagle Portfolio Policies Mature in Q1 2020 Boca Raton,…
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About EMERGENT CAPITAL, INC. (NYSE:EMG)
Emergent Capital, Inc., formerly Imperial Holdings, Inc., is a specialty finance company that invests in asset classes, primarily life settlements. The Company, through its subsidiary companies, owns a portfolio of approximately 630 life insurance policies (life settlements). The Company purchases individual policies and portfolios of life insurance policies and manages those assets based on actuarial and market data. The Company provides customized liquidity solutions to owners of illiquid financial assets in two markets, which include life finance and structured settlements. The Company focuses on lending to outright purchases of portfolios, to tertiary trades, as well as individual secondary market purchases. The Company invests in short and long-term life settlement investments.