BroadRiver Asset Management
BroadRiver Asset Management is a New York-based alternative fixed income manager that runs nine institutional funds spanning longevity investments, insurance credit, litigation finance, and trade receivables, serving pension plans, sovereign funds, endowments, and family offices across $1.8B+ in AUM.
- Company typePrivate
- Founded2009
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BroadRiver Asset Management does
BroadRiver Asset Management, L.P. is a New York-based alternative fixed income investment manager founded in 2009 by Andrew Plevin and Philip Siller, both former co-CEOs of Goldman Sachs' longevity trading desk. The firm manages $1.8 billion+ in assets across nine institutional funds and has raised $1.9 billion+ in cumulative capital since 2011. It serves leading global institutional investors, including pension plans, sovereign wealth funds, endowments, and high net worth family offices, with strategies designed to deliver uncorrelated, self-amortizing, fixed income-like returns.
BroadRiver Asset Management firmographics
Firmographics- Name
- BroadRiver Asset Management
- Legal name
- BroadRiver Asset Management, L.P.
- Website
- https://broadrivercap.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BroadRiver Asset Management is a New York-based alternative fixed income manager that runs nine institutional funds spanning longevity investments, insurance credit, litigation finance, and trade receivables, serving pension plans, sovereign funds, endowments, and family offices across $1.8B+ in AUM.
- Ownership category
- akta.pro rank
BroadRiver Asset Management industry classification
Industry- Product category
- Alternative Fixed Income Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns) (FSAAAJAJ)
- akta.pro secondary industry
- Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where BroadRiver Asset Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
BroadRiver Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Investment Management Fees: BroadRiver generates revenue through management of alternative investment funds for institutional investors, collecting management fees and potentially performance/carried interest on fund returns.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
BroadRiver Asset Management product offering
Product offeringCore offering
BroadRiver Asset Management is an alternative fixed income firm managing nine institutional investment funds across four strategies: Longevity Investments, Insurance Credit (life-settlement-collateralized secured loans), Litigation Finance, and Trade Receivables. The firm invests on behalf of institutional investors including pension plans, sovereign funds, endowments, and family offices, offering uncorrelated, self-amortizing, yield-generating assets with low volatility and downside risk protection.
Product overview
BroadRiver Asset Management is an alternative fixed income firm offering four distinct investment strategies: Longevity Investments, Insurance Credit, Litigation Finance, and Trade Receivables. These strategies provide uncorrelated, self-amortizing investments characterized by attractive yield, high credit quality, low volatility, and strong downside risk protection. The firm manages $1.8 billion in assets for institutional investors including pension plans, sovereign funds, endowments, and family offices.
Differentiator
Problem solved
Functional benefit
Products and services
- Longevity Investments
- Insurance Credit (Life Settlements Credit)
- Litigation Finance
- Trade Receivables
Quantifiable outcome
- $1.7B invested in longevity-linked investments
- +2 more outcomes
Companies that use BroadRiver Asset Management
Customer profileNamed customers4 records
Segments1 record
Ideal customer profiles1 record
BroadRiver Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
BroadRiver Asset Management partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- NorthStar Life Services, LLCcoreNorthStar Life Services continues as servicer of life settlement assets following the Life Partners Position Holders Trust transaction. NorthStar offers full range of premier services to institutional and private investors in life insurance policies, providing assistance at each stage of the life settlement investment cycle.
- Life Partners Position Holders TrustminorTransaction completed for sale of non-cash assets of the Trust to affiliated entities of BroadRiver. The Trust, a publicly reporting grantor trust with approximately 13,000 investors, was managed by Trustee Mike Quilling and an advisory Governing Trust Board. The transaction provided final closure to lengthy bankruptcy process for clients of Life Partners, Inc.
- Nomos Capital Corp.coreNomos Capital Corp. serves as Sub-Adviser for BroadRiver's Litigation Finance strategy. The firm provides investment expertise with deep roots in the Canadian legal community and thorough understanding of Canadian litigation practices, business standards, and judicial outlook. Nomos provides disciplined asset origination, detailed screening and diligence, effective investment monitoring, and risk mitigation for Canada-based commercial lawsuit funding.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
BroadRiver Asset Management competitors and assessment
Company assessmentDirect peers
- RGA Reinsurance Company: RGA is one of the largest global longevity risk takers via reinsurance and asset-intensive reinsurance transactions, directly competing with BroadRiver in providing institutional investors access to longevity-linked cash flows. Highly comparable by asset class and institutional client overlap.
- Pacific Life Re: Pacific Life Re is a major player in longevity reinsurance, providing pension de-risking and longevity swap solutions to institutional investors. Directly comparable to BroadRiver's longevity-linked investment strategies.
- GWG Holdings: GWG Holdings was a major direct participant in the life settlements market, comparable to BroadRiver's insurance credit and longevity strategies. While GWG faced financial distress, it operated in the same niche asset class with overlapping institutional relationships.
Broad incumbents
- Goldman Sachs Asset Management: GSAM is the firm where BroadRiver's co-founders previously ran the longevity trading desk (Eastport Capital). As a large multi-asset alternatives platform, GSAM offers competing longevity, insurance credit, and alternatives products to similar institutional clients.
- Apollo Global Management: Apollo is a major alternative asset manager with significant insurance and fixed income alternatives franchises (e.g., Athene). Competes with BroadRiver for institutional allocations to alternative fixed income strategies.
- Prudential Financial (PGIM): PGIM Fixed Income and Prudential's longevity solutions business offer alternative fixed income and longevity risk transfer products to pension plans and other institutional clients, overlapping with BroadRiver's target market and strategy mix.
- Man Group: Man Group is a global alternative investment manager offering multi-strategy solutions to institutional investors. Comparable to BroadRiver's positioning as a multi-strategy alternatives platform serving pension plans and other institutions.
- Wilmington Trust (M&T Bank): Wilmington Trust has historically been involved in longevity-linked investment management for institutional clients, comparable to BroadRiver's longevity and alternative fixed income offerings and overlapping in the pension plan market.
Emerging players
- Insight Investment: Insight Investment has built a notable franchise in longevity-linked fixed income strategies, directly comparable to BroadRiver's longevity investment strategy and serving similar pension and institutional clients.
- TwentyFour Asset Management: TwentyFour is a specialist fixed income boutique focused on securitized credit and alternative income strategies, with overlap to BroadRiver's insurance credit and trade receivables strategies and similar institutional client base.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
BroadRiver Asset Management social profiles
Digital presenceBroadRiver Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
BroadRiver Asset Management leadership team
Management profileNumber of profiles
Profiles12 records
BroadRiver Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BroadRiver Asset Management M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BroadRiver Asset Management
What does BroadRiver Asset Management do?
BroadRiver Asset Management is an alternative fixed income firm managing nine institutional investment funds across four strategies: Longevity Investments, Insurance Credit (life-settlement-collateralized secured loans), Litigation Finance, and Trade Receivables. The firm invests on behalf of institutional investors including pension plans, sovereign funds, endowments, and family offices, offering uncorrelated, self-amortizing, yield-generating assets with low volatility and downside risk protection.
Is BroadRiver Asset Management a public or private company?
BroadRiver Asset Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was BroadRiver Asset Management founded?
BroadRiver Asset Management was founded in 2009. It employs 11 to 50 people.
Where is BroadRiver Asset Management based?
BroadRiver Asset Management is headquartered in New York, United States, in the North America region.
How does BroadRiver Asset Management make money?
One revenue line is on record: investment Management Fees.
Who are BroadRiver Asset Management's main competitors?
Direct peers on record are RGA Reinsurance Company, Pacific Life Re and GWG Holdings. Broad incumbents are Goldman Sachs Asset Management, Apollo Global Management, Prudential Financial (PGIM), Man Group and Wilmington Trust (M&T Bank). Emerging players are Insight Investment and TwentyFour Asset Management.
Does BroadRiver Asset Management have an API?
No public API is recorded for BroadRiver Asset Management.
What industry is BroadRiver Asset Management in?
BroadRiver Asset Management's product category is Alternative Fixed Income Asset Management. Its primary akta.pro industry code is FSAAAJAJ, Multi-Asset Solutions for Institutional (Pensions/Endowments/Sovereigns), with a secondary code of FSAAABAD, Advisory Portfolio Management (Non-Discretionary). Its NAICS code is 523940 and its SIC code is 6282.