Author: Greg Winterton

Contributing Editor

ELSA’s Master Agreement for Tertiary Transactions (MATT) was first published in 2019. Life Risk News’ Greg Winterton caught up with Philip Siller, Executive Chair and Co-CEO at BroadRiver Asset Management, to discuss the origins of the document and its most salient points. GW: Philip, BroadRiver, in its capacity as an ELSA member, was one of the firms involved in drafting the MATT in the first place. Why did ELSA and BroadRiver feel that some kind of standardised document was important for players in the life settlement’s tertiary market? PS: Standard documentation for recurring transactions is a critical tool for an…

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