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insurance
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Obra Capital, an asset management firm, completed the acquisition of Unified Life, a life and health insurance carrier. Financial terms were not disclosed. “We are pleased to welcome the Unified team and the business and the platform they will continue to grow with Obra. Unified is a natural fit within our evolving and differentiated longevity strategy that is designed to balance longevity and mortality risk to provide investors with expected stable and resilient cash flows, lower overall portfolio volatility, and greater targeted absolute returns. We believe this is a unique offering that extends beyond traditional life settlement longevity investment approaches,” Blair Wallace, Obra Capital President and Chief Executive Officer.
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