A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Alpha Growth PLC Announces BlackOak Alpha Growth Fund Year End Results
Life Settlement specialist Alpha Growth announces year end results of BlackOak Alpha Growth Fund managed by the Group
LONDON, UK / ACCESSWIRE / January 15, 2021 / Alpha Growth Plc (LSE:ALGW)(OTCQB:ALPGF), the financial services specialist in the growing Senior Life Settlement (
SLS ) asset class, is pleased to announce the year end results for its BlackOak Alpha Growth Fund (the
Fund ) investing in SLS.
On a net basis, the Fund produced a 2020 calendar year return of 10.63% and a 13.71% total return since inception, September 2019.
Alpha continues to actively market to registered investment advisors in the US and to look at supplementing the direct outreach with virtual events in the US that showcase the Fund.
A resolution re-appointing Crowe U.K. LLP as auditors of the Group was approved by shareholders at the annual general meeting held on 21 October 2019. Shareholders will be asked to approve the re-appointment of Crowe U.K. LLP as auditors of the Group at the next annual general meeting. Going concern The Group is focused on the development, by organic growth, of a financial training business in China, and, apart from a small amount of interest receivable and a small amount of revenue from certain course offerings, currently has no income stream. Until the training business has been adequately developed and is generating revenue, it is therefore dependent on its cash reserves to fund ongoing costs. At 31 October 2020, the Group s cash position was
Specialist in Longevity Assets Alpha Growth Plc is a financial advisory business providing specialist consultancy, advisory, and supplementary services to institutional and qualified investors globally in the multi-billion dollar market of longevity assets. Building on its well-established network, the Alpha Growth Group has a unique position in the longevity asset services and investment business, as a listed entity with global reach. The Group s strategy is to expand its advisory and business services via acquisitions and joint ventures in the UK and the US to attain commercial scale and provide holistic solutions to alternative institutional investors who are in need of specialised skills and unique access to deploy their financial resource in longevity assets.