April 25, 2022
CONSHOHOCKEN, PA – April 25, 2022 – Mark V. Petersen has been named Managing Director, Head of Capital Markets, for Lighthouse Life Capital, LLC. Mark will manage the Company’s capital markets division—building a team to educate and engage investment managers.
He joins Lighthouse Life Capital to lead the Company’s $50 million Reg A+ Senior Beacon Bond offering—a fixed income, debt investment offering – which launched just over a year ago.
“I am excited to join the team at Lighthouse Life and to help fuel the Company’s strategy of acquiring and then re-selling life insurance assets, which avoids the mortality risks associated with building and holding a life settlement portfolio,” said Mr. Petersen. “We are constructing a strong platform to serve the needs of advisors and their clients while establishing Lighthouse Life as an enduring and sustainable enterprise.”
Mark has more than 30 years of experience in capital markets, sales and marketing, and product development. Throughout his career, he has developed, deployed, and directed distribution strategies for alternative investment programs, helping investment managers expand the diversification of their portfolios.
Most recently, Mark was Managing Director of Concierge for Advisors. He was Executive Vice President and Head of Capital Markets for GWG Holdings from 2014 to 2017—a time when that company was a leader in life settlements—and has held leadership roles at Behringer Securities, Behringer Harvard Holdings, CNL Financial Group, Franklin Square Capital Partners, as well as other positions in retail and institutional securities sales and national account management over the past three decades.
Mark received his bachelor’s degree in business administration from the University of Texas at Arlington. He also holds an MBA in finance from Baylor University, where he currently serves on the Board of Regents as the representative of the Baylor Bear Foundation.
“Mark’s leadership of Lighthouse Life’s capital markets strategy is another important step in the growth of the Company, which is delivering value to both investors in the Company’s Beacon Bonds and seniors who receive a market value return when they sell us their policies,” said Lighthouse Life CEO Michael Freedman. “Mark is a proven leader with a passion for the life settlement market and the income that Lighthouse Life brings to both investors and consumers.”
Lighthouse Life Capital, LLC, launched its $50 million Reg A+ Beacon Bond offering in December 2020 and has raised over $18.4 million to date. Investment proceeds are primarily used to originate and acquire life insurance policies and sell those policies to investors in this non-correlated asset class, generating revenue in months, not years. In September 2021, the Company launched its “Settle for a Better Life” television commercial and digital marketing campaign, which has significantly boosted the Company’s pipeline of policies that it is acquiring and re-selling to third-party investors.
About Lighthouse Life
Lighthouse Life works with financial professionals – including insurance agents, financial advisors, accountants, and others – who advise and assist policyowners with the sale of unwanted, unneeded, or unaffordable life insurance policies. The Company works with financial professionals who refer policyowners to Lighthouse Life for a fast and easy appraisal of the policy’s value and, if appropriate, Lighthouse Life offers to purchase the policy. Lighthouse Life offers a unique, fast, and easy approach for financial professionals to integrate life settlements into their practice for the benefit of life insurance policyowners.
This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor will there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale is not authorized. Neither the SEC nor any other regulatory body has approved or disapproved or passed upon the accuracy or adequacy of the information presented in this press release. Any offer to sell or solicitation of an offer to buy Lighthouse Life’s Beacon Bonds may be made solely by means of Lighthouse Life’s most recent Final Offering Circular, as the same may be supplemented (the “Offering Circular”). The Offering Circular is available at: https://www.sec.gov/cgi-bin/browse-edgar?CIK=1824921.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon Lighthouse Life’s present expectations, but these statements are not guaranteed to occur. Furthermore, Lighthouse Life disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. Although Lighthouse Life believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, Lighthouse Life’s actual results and performance could differ materially from those set forth in these forward-looking statements due to numerous factors. For further discussion of the factors that could affect outcomes, please refer to the risk factors set forth under the caption “RISK FACTORS” in the Offering Circular. We claim the safe harbor protection for forward looking statements contained in the Private Securities Litigation Reform Act of 1995.