EEA Fund Management

What EEA Fund Management does

EEA Fund Management (Guernsey) Limited is a privately held, Guernsey-regulated fund management company that operates the EEA Life Settlements Fund PCC Limited, a protected cell company (PCC) investment vehicle focused on US life insurance policies acquired at a discount to face value (life settlements). Policy acquisition, premium management, and lifecycle administration are executed through a Delaware subsidiary, EEA Life Settlements Inc, with ViaSource Funding Group LLC acting as Investment Adviser for sourcing, pricing, administration, and claims processing across multiple US states. The fund's core technical platform centers on a dual-physician life-expectancy assessment methodology, actuarial analysis, and a PCC architecture that segregates assets and liabilities across cells, channeling policy proceeds from EEA Inc through master fund vehicles (Master Fund Limited and Master Fund II Limited) to currency-denominated cells such as the GBP New Run-Off Cell.

The firm's go-to-market is intentionally restricted by regulation: distribution is limited to UK Professional Clients and other exempted persons under the Financial Services and Markets Act 2000 (FSMA), promoted through the company website (NAV updates, fact sheets, FAQs) and a dedicated adviser channel targeting professional financial advisers. Revenue mechanics are characteristic of an alternative-asset fund manager — management and performance fees on cell AUM, with shareholder returns driven by the spread between policy face value and cumulative acquisition cost plus premiums paid over the insured's remaining lifespan.

Operationally, the firm has faced material disruption in 2025–2026: in November 2025, approximately £5.9 million was distributed to GBP New Run-Off Cell shareholders as part of a redemption, signaling partial wind-down of legacy cell exposure; in April 2026, a cyber incident triggered temporary suspension of NAV calculations and redemptions, with a follow-up shareholder notice issued in June 2026. The fund continues to operate under its Guernsey Financial Services Commission license for Category 1 Collective Investment Schemes and Category 2 General Securities and Derivatives, though dealing remains suspended pending incident recovery.

Name

EEA Fund Management

Legal name

EEA Fund Management (Guernsey) Limited

Website

https://eeafm.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

1–10 employees

Short description

EEA Fund Management (Guernsey) Limited is a Guernsey-regulated fund manager operating the EEA Life Settlements Fund PCC, which invests in US life insurance policies on behalf of UK Professional Clients and exempted persons under FSMA.

Ownership category

akta.pro rank

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Life Settlement Investment Returns: The fund generates returns through appreciation of life settlement portfolios. When policies mature (upon insured's death), the fund collects the full face value of the policy, which exceeds the purchase price paid plus all premiums paid during the holding period. Returns are distributed to shareholders through the cell structure.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

EEA Fund Management (Guernsey) Limited operates and manages the EEA Life Settlements Fund PCC Limited, a protected cell company that invests in US life insurance policies acquired from insureds with impaired life expectancy. The fund purchases policies at a discount to face value, funds ongoing premiums during the insured's remaining lifespan, and collects full policy face value upon maturity, with returns distributed to shareholders through currency-denominated cells. ViaSource Funding Group LLC acts as Investment Adviser for sourcing, pricing, administration and claims processing.

Product overview

EEA Fund Management operates the EEA Life Settlements Fund PCC Limited as a protected cell company investment structure. The fund acquires US life insurance policies through its Delaware subsidiary EEA Life Settlements Inc, with ViaSource Funding Group LLC serving as the Investment Adviser. The Master Subsidiary and Master Sub II entities channel policy proceeds back to currency-denominated Cells (such as the GBP New Run-Off Cell), which distribute returns to shareholders. The fund's investment strategy involves purchasing policies at a discount to face value, managing premium payments over the insured's remaining lifespan, and collecting full policy proceeds upon maturity.

Differentiator

Problem solved

Functional benefit

Products and services

• EEA Life Settlements Fund PCC Limited A protected cell company (PCC) investment fund managed by EEA Fund Management that acquires US life insurance policies (life settlements) on behalf of investors. Investors subscribe to cell share classes, fund ongoing premiums during the insured's remaining lifespan, and receive the full policy face value upon maturity. Target investors are UK Professional Clients and exempted persons under FSMA.
• GBP New Run-Off Cell (Run-Off) Shares A GBP-denominated share class within the EEA Life Settlements Fund PCC Limited through which redemption proceeds and ongoing returns are distributed to shareholders in pounds sterling. Distributions are tied to the realised proceeds of the underlying US life settlement portfolio.

Quantifiable outcome

• Returns dependent on life expectancy accuracy and policy face value versus acquisition cost plus premiums

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ViaSource Funding Group LLCcoreStrategic or Co-development PartnerViaSource Funding Group LLC serves as the Investment Adviser to EEA Life Settlements Inc. The adviser is responsible for sourcing and pricing life settlement investments, administering policies, and processing claims. The adviser is licensed in multiple US states for purchasing life settlements.
• EEA Life Settlements InccoreStrategic or Co-development PartnerEEA Life Settlements Inc is a corporation formed under Delaware law that holds the life insurance policies. It is the operating entity that purchases, owns, and manages the life settlement portfolio. It relies on the Investment Adviser for sourcing, pricing, administration, and claims processing.
• EEA Life Settlements Master Fund LimitedcoreStrategic or Co-development PartnerMaster Subsidiary that receives distributions from EEA Inc. and passes them to the Cells (investor share classes) through the protected cell company structure.
• EEA Life Settlements Master Fund II LimitedcoreStrategic or Co-development PartnerMaster Sub II that receives distributions or repayment of loan notes from EEA Inc., providing an additional layer in the fund structure for distributing investment returns to shareholders.
• EPIC Markets (UK) LLPminorOthersEPIC Markets (UK) LLP holds the copyright for the website content. The company shares branding elements and appears to be a related entity within the same corporate group.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Q Life Financial: Life settlement and longevity-linked investment provider offering institutional and individual access to life settlement portfolios, directly comparable in product offering.
• American Life Fund: Life settlement provider purchasing policies from US seniors, comparable to EEA's underlying asset class and target insured demographic.
• Magna Life Settlements: Life settlement broker/provider acquiring policies in the secondary market; directly comparable to EEA's US policy acquisition strategy executed via ViaSource.
• Lifeline Financial: Online life settlement marketplace and viatical settlement provider that purchases policies, serving a similar role to ViaSource in sourcing US life insurance assets.
• Stone Street Capital: Specialty finance and life settlement investment firm focused on acquiring and managing life insurance policies for institutional investors, directly comparable to EEA Fund Management's fund-management approach.
• The Beneficient Company Group (formerly GWG Holdings): US-based alternative asset firm historically focused on life settlement investments, making it a direct comparable for EEA Fund Management's life settlement fund-of-funds and policy acquisition model.
• Coventry First: A licensed life settlement provider that purchases US life insurance policies from policyholders, mirroring EEA's underlying asset acquisition activity.

Others

• EPIC Investment Partners: Guernsey-based investment management group; corporate affiliate whose related entity (EPIC Markets (UK) LLP) holds EEA Fund Management's website IP and brand, indicating shared corporate infrastructure.

Broad incumbents

• Man Group: Global alternative investment manager offering multi-strategy hedge and alternatives products to professional and institutional clients — comparable as a broad incumbent serving UK Professional Client demand for alts exposure.

Emerging players

• Life Ant (formerly 24Hour Life Settlements): Digital life settlement marketplace connecting policyholders with buyers; an emerging channel that overlaps with EEA's US policy sourcing function.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EEA Fund Management