The document provides information about the 3rd Life Settlements & Longevity Summit taking place on March 24-25, 2010 in New York City. It summarizes some of the featured speakers and topics at the summit, including perspectives from investors, fund managers, regulators and other industry experts. Attendees can register by February 5th to save $949 on the All-Access Pass. The summit will provide insights into opportunities and challenges in the life settlements industry related to innovation, regulation, and other issues.

1. “Informative, well put-on, and great networking!” Register for the All-Access Pass
- Matthew Browndorf, Founder & CIO, Browndorf PEM by February 5th and SAVE $949!
3rd
Life Settlements
& Longevity
Summit
TM
Enhancing your Returns through
Strategic Investments in Life Settlements,
Longevity-Linked Assets, Synthetics & Life
Settlement Securitizations March 24 – 25, 2010
New York, NY
30+ industry-leading speakers, including the following
thought-leaders, fund managers and investors:
Jonathan Sadowsky Rocky Roland Thomas Schmitt David Nelson
Managing Director of CFA, Founder Managing Partner VP & Chief Operating Officer
Finance Alternative Augur Capital LLC Chartwell Asset
Browndorf PEM Investment Services Management
Eamonn Ling Arthur Bowen Benjamin Geber Robert Clayton Lau
Head of Investments Investment Director CEO & Managing Partner President and Chief
Catalyst Investment Tranen Capital Bally Capital Management Executive Officer
Group Clayton Dunning Partners
70% of speakers new for 2010!
New for 2010: Keynote Speakers:
• Multi-strategy hedge fund perspectives on accessing the longevity How Long Will We Live in
asset class the 21st Century?
• Transitioning to the tertiary market: Implications for investors, brokers
David Kekich
and providers
President & CEO
• Browndorf PEM workshop on engineering life settlement hybrid Maximum Life Foundation
products
• Accessing the expanding Islamic finance market through Shari’ah-compliant NASAA’s Role in the Future of
longevity investments Life Settlements Regulation
• Responding to the twin imperatives of privacy and transparency
Fred J Joseph
• Overcoming the challenge of negative PR Commissioner
• Investment best practices for pension funds and institutional investors Colorado Securities Commission
Sponsors:
Media partners:
1-800-882-8684 • www.lifesettlementsummit.com

2. 3rd An Outstanding Line-
Life Settlements up of Investors, Fund
Managers and
Industry Experts:
& Longevity • Commissioner Fred J Joseph, Colorado
Securities Commission & Chairman, Life
Summit
TM
Settlements Committee, North American
Securities Administrators Association
(NASAA) – New!
• David Kekich, President & CEO,
Maximum Life Foundation – New!
• Ari Glass, President, Paine Heights
Capital Management – New!
Dear Colleague, • Bjorn Schmolck, Co-Founder, Traymar
Capital Ltd – New!
2010 looks set to be one of the most
eventful for the life settlements mark Peter Dodd, Fund Director, Fortress
continuing at a blistering pace alon et, with innovation •
gside new regulatory pressures, International Fund Management – New!
dynamics, and increasingly prob shifting investment
lematic PR.
• Matthew Browndorf, Founder & Chief
Following a misleading portrayal in Investment Officer, Browndorf PEM
the New York Times in late 2009,
industry has been coming under incre the life settlements
asing scrutiny – not all of it justified. • Jonathan Sadowsky, Managing
to be that some form of federal over The upshot seems
sight is coming to the marketplace Director of Finance, Browndorf PEM –
details remain uncertain. What will in 2010, but the
the impact be for investors, providers New!
participants? How will the new fede , and other market
ral oversight interact with existing
which already exhibit significant varie state regulations, • Benjamin Geber, CEO & Managing
ty? If you’re concerned about the Partner, Bally Capital Management –
environment, you won’t want to miss new regulatory
a much-awaited keynote address New!
Fred Joseph, Colorado Securitie from Commissioner
s Commissioner and Chairman
Settlements Committee, who will of NASAA’s new Life • Eamonn Ling, Head of Investments,
not only speak about the new com
regulating life settlements but more mittee’s role in Catalyst Investment Group
broadly about the future of regulatio
particularly at the federal level. See n in the space,
page 4 for further details. • Rocky Roland CFA, Founder, Alternative
At the same time, exciting new struc Investment Services – New!
tures and investment strategies cont
innovation that is needed to overcom inue to supply the • William Fink, Partner, Delta Derivatives
e challenges like longevity extension
imposed restrictions. “Fusion” prod risk and investor- LLC – New!
ucts, which involve the blending of
alternative investment types, have life settlements with Gene Miao, Managing Director,
recently been touted as an exciting •
longevity risk – and are finally start hedging tool for Highland Capital Management
ing get the coverage they deserve.
honored to welcome back Matthew In this light, we are
Browndorf from Browndorf PEM • Arthur Bowen, Investment Director,
an in-depth workshop on the struc who will be leading
turing challenges of life settlemen Tranen Capital – New!
further details). Shariah-compliant t hybrids (see page 3 for
investment strategies have simil
to expand the investor universe for arly emerged in 2009 • David Nelson, VP & Chief Operating
this promising, non-correlated asset
class – see page 4. Officer, Chartwell Asset Management
With over 70% of speakers new – New!
for 2010, Finance IQ continues to
keynotes, fund managers and inves deliver perspectives,
tors that you won’t find anywhere • Zach Murphy, Director, CRE & Longevity
confirmed to speak include Paine else. New hedge funds
Heights Capital, Traymar Capital, Risk, Silverpoint Capital LLC – New!
Bally Capital Management, Silve Fortress, Tranen,
rpoint and Clayton Dunning, amo Thomas Schmitt, Managing Partner,
Furthermore, we are extremely excit ng many others. •
ed to feature a keynote guest addr Augur Capital LLC
President & CEO of the Maximum ess by David Kekich –
Life Foundation – who will deliv
thought-provoking insights into the er fascinating and • Beat Hess, Managing Partner, AA
future of human longevity. Kekich
venture capital investor who turned – an ultra-successful Partners
his life to aging research after a perso
young age – also boasts one of the nal tragedy at a
most inspiring stories of any of our • Andrew Terrell, Principal, Atlantic Street
More details on his unique address keynote speakers.
can be found on page 6. Fund Management Partners
It’s truly an exciting time to be evalu • Robert Clayton Lau, President and
ating and/or investing in longevity Chief Executive Officer, Clayton Dunning
look forward to meeting you in New -based assets. I greatly
York next March, at the third insta Partners – New!
successful life settlements series. llment of IQPC’s
• Michael Freedman, SVP, Government
Kind regards, Affairs, Coventry
• Scott Willkomm, SVP, Business
Don miss the Browndorf
’t Development, Coventry
PEM workshop on “fusion
” • P. A. Corky Gillis, Author, “The Death
Bond Conspiracy” – New!
Toby Donovan life settlement products
Program Director
– see page 6!
Who Will Attend:
■ 8% Pension Funds &
Institutional Investors
■ 22% Hedge Funds
For investors interested in life settlements, there are exciting opportunities but ■ 15% Asset Management
Firms & Other
a number of pitfalls too that can catch the unwary. Attending IQPC’s Life Buyside
■ 15% Banks
Settlements conference is a great way to make sense of this promising,
■ 15% Life Settlement
uncorrelated, yet challenging asset class Companies
■ 10% Law Firms
– Christopher McGlashan, Special Counsel, Stroock & Stroock & Lavan, LLP
■ 10% LE Provers &
Underwriters
■ 5%
2 1-800-882-8684 www.lifesettlementsummit.com Other

3. Main Conference Day 1
Wednesday, March 24, 2010
7:30 Coffee & Registration 11:15 Investor Perspectives on Longevity Derivatives:
Trading Strategies to Deliver Enhanced Returns
8:15 Chairman’s Opening Remarks • Packaging longevity derivatives effectively for investor and insurer groups
• Considerations on indices and the capturing of sample populations
8:30 The State of the Market Today: Innovation, • Determining the most effective use of leverage
Regulation and Consolidation • Comparing return dynamics versus traditional investments in life
• Examining the biggest challenges currently facing the long-term settlements
viability of the asset class • Examining the scope for further innovation in the longevity derivatives
• Evaluating the success of innovation in investment product structures space
• A closer look at the three emerging regulatory paradigms: Which is
Bjorn Schmolck
gaining ascendance?
Co-Founder
• Understanding the shift in market dynamics over the past year
Traymar Capital Ltd
Scott Willkomm
Benjamin Geber
SVP
CEO & Managing Partner
Coventry
Bally Capital Management
Matthew Browndorf
Beat Hess
Founder & Chief Investment Officer
Managing Partner
Browndorf PEM
AA Partners
9:15 Investor Perspectives on the Asset Class: 12:00 Keynote Address: Lifting the Lid on NASAA’s Role in
Understanding the Role Played by Life Settlements the Future of Life Settlements Regulation
in a Diversified Portfolio • Understanding the role of NASAA’s Life Settlements Committee in
• Understanding the most appealing aspects of exposure to the life
monitoring emerging trends in the marketplace
settlements investment class • Examining the most significant threats to investors and consumers
• Identifying the dangers of investing in life settlements • Considerations on whether the sale of life settlements should be
• Diversification strategies for life settlement investors: Determining the
regarded as securities transactions
most effective blends of LEs and impairment types • STOLI, insurable interest, and the future of life settlements regulation
• Linking fund structure and management style to investment horizons
and objectives Commissioner Fred J Joseph Keynote
• Understanding the role played by life settlements in a diversified asset Colorado Securities Commissioner & President Regulatory
allocation strategy North American Securities Administrators Association Address
• Comparing longevity-based investments with alternative portfolio
diversifiers 12:45 Networking Luncheon
Robert Clayton Lau
2:00 Securitization of Life Settlements: Poison or Panacea
President and Chief Executive Officer Hear from
the Hedge for the Industry?
Clayton Dunning Partners
Funds • Examining the progress towards making securitization more mainstream
David Nelson • Understanding the obstacles to a deeper securitization market:
VP & Chief Operating Officer • Hesitancy among rating agencies
Chartwell Asset Management • Insufficient life settlement ownership concentration
• Regulatory concerns and publicity problems
Gene Miao • How large do we want the securitization market to be?
Managing Director • Pinpointing the benefits of securitization for new types of investor
Highland Capital Management
Jonathan Sadowsky
Ari Glass
Managing Director of Finance
President
Browndorf PEM
Paine Heights Capital Management
Peter Dodd
10:00 Mid-Morning Coffee & Networking Break Fund Director
Fortress International Wealth Management
10:30 Accessing the Expanding Islamic Finance Market
through Shari’ah-Compliant Longevity Investments 2:45 Asian Investment Interest in the Life Settlements
• Applying Islamic law to the longevity asset class Market
• Delivering a platform that enables an investor to couple an existing or • Identifying the sources and types of Asia-Pacific investment capital
newly acquired Shari'ah-compliant asset with longevity assets • Examining the geographical dispersal of Asian investors throughout
• Bundling non-correlated longevity assets with volatile distressed Thailand, Malaysia, Singapore, Hong Kong, and Australasia
Shariah assets such as Real Estate and Islamic Sukuk • Understanding the role that life settlements play in Asia-Pacific asset
• Examining the dynamics of shari’ah compliant longevity investments allocation strategies
compared with traditional investments in the • Overcoming the obstacles to attracting Asia-Pacific investment capital
asset class
Arthur Bowen
Session Reserved for Leading Law Firm Investment Director
Tranen Capital
Eamonn Ling
Head of Investments
Catalyst Investment Group
3 1-800-882-8684 www.lifesettlementsummit.com

4. Main Conference Day 1
Continued
3:30 Transitioning to the Tertiary Market: Implications for 4:45 Afternoon Guest Address: Sex, Violence,
Providers, Brokers and Investors and Stranger-Originated Life Insurance: The
• Measuring saturation levels: How much of the market has been Inspiration Behind the “Death Bond Conspiracy”
settled out? • The inspiration for the novel
• Determining what the effects will be on market dynamics as • Realistic? Determining the extent to which the events described in the
saturation approaches 100% novel could theoretically occur today
• What does the tertiary market look like? What kinds of companies • Actual tales from the fringes of the market place
will achieve dominance?
P. A. Corky Gillis
• Understanding what the implications of a transitioning
Author
market will be for providers, brokers and investors
“The Death Bond Conspiracy”
Rocky Roland
CFA, Founder 5:30 Cocktail Reception
Alternative Investment Services
6:30 Networking Dinner
8:00 End of Main Conference Day 1
Main Conference Day 2
Thursday, March 25, 2010
7:30 Coffee & Registration • Are privacy and transparency genuinely compatible, or do
they represent conflicting drivers for the marketplace?
8:15 Chairman’s Opening Remarks Andrew Terrell
Principal
8:30 Pension Fund Investment Strategies: Institutional Atlantic Street Fund Management Partners
Best Practices for Gaining Exposure to the Longevity
Asset Class Benjamin Geber
• Identifying the most significant risks of investing in longevity from an CEO & Managing Partner
institutional viewpoint Bally Capital Management
• Comparing physical and synthetic approaches to longevity investments
• Considerations on making the selection between providers, LE 10:45 Mid-Morning Coffee & Networking Break
providers, and other investment partners
• Understanding how smart policy selection can make life settlements 11:15 The Problem of Negative PR: Is the Life Settlements
an LDI-suitable asset class Industry Winning or Losing the Publicity Battle?
• Examining the major sources of negative publiclity over the past 18 months:
Zach Murphy • The sub-prime debacle, and fuzzy associations with the “spectre”
Director, CRE & Longevity Disk Pension
Fund of life settlement securitizations
Silverpoint Capital LLC Investment • Newspaper articles and press treatment
Strategies • Sleaze, fraud, and a few “bad apples”
Scott Willkomm
SVP • Does the life settlements industry deserve the reputation it is acquiring?
Coventry • Determining the most effective strategies for winning the publicity war
Eamonn Ling
9:15 Towards a Deeper Understanding of Older-Age Head of Investments
Mortality: What LE Providers can do to Further Catalyst Investment Group
Enhance Longevity Analyses
• Charting the evolution of LE perspectives on older age mortality Thomas Schmitt
• Understanding how the methodologies of different LE providers differ Managing Partner
• Quantifying the differences between competing LE providers: Are Augur Capital LLC
significant variances confined to the past?
• Evaluating the scope for further enhancing the accuracy of LEs 12:00 Choosing Between Asset Servicing Providers: Is it
Purely a Question of Cost?
Session Reserved for Leading LE Underwriter • Understanding how market dynamics are increasing the importance of
effective asset servicing
10:00 Transparency and Privacy in the Life Settlements • Distinguishing between high-value and low-value servicing activities
Market: Incompatible Goals? • Identifying the tools available to reduce portfolio servicing costs
• Examining the importance of access to reliable and consistent • Quantifying the savings possible over the lifetime of a typical portfolio
information on asset quality, pricing, valuation, and • Examining the ways in which aggressive deployment of higher value
transaction costs servicing activities can dramatically improve the IRR of your portfolio
• A closer look at state and federal laws that enforce privacy of medical
records, including HIPAA William Fink
• Identifying the most effective strategies for ensuring transparency of Partner
the asset whilst maintaining the privacy of the insured Delta Derivatives LLC
4 1-800-882-8684 www.lifesettlementsummit.com

5. Main Conference Day 2
Continued
12:45 Networking Luncheon David Kekich
President & CEO
2:00 Keynote Guest Address: How Long Will Maximum Life Foundation
We Live in the 21st Century? Mr. Kekich founded the country’s largest life insurance Future
• Examining the factors that will continue to play a role in the extension master general agency, co-founded a major financial Human
of longevity: services company and arranged venture capital funding Longevity
• Biotechnology & genetic engineering Trends
for private companies. He is a recognized expert on
• Improvements in diet
private investing and authored the venture capital handbook
• Medical advancements in the treatment of cancer, respiratory
“How the Rich Get Richer with Quiet Private Investments”.
and heart disease
• Examining the factors likely to increase levels of mortality: Mr. Kekich founded both public and private companies, was engaged as
• Obesity & the “sedentrification” of the Western a consultant and served as director to numerous private and public
lifestyle corporations. He also sold and developed real estate. In 1999, Mr.
• Flu and the risk of pandemics Kekich founded the “Maximum Life Foundation”, a 501(c)(3)
• Population growth and geopolitical tensions corporation dedicated to curing aging related diseases.
• Combining the factors into a unified model: How will our longevity be
influenced by changes in 21st century life? 2:45 Post-Conference Workshop
Post-Conference Workshop
Thursday, March 25, 2010
3:00 pm – 5:00 pm (Registration at 2:45 pm)
Life Settlement “Hybrids”: Effectively Structuring Fusion Products to Expand the
Investor Base for Longevity-Based Investments
One of the major risks associated with traditional investments in life Matthew C. Browndorf is the founding and managing member of
settlements is that of longevity extension: the chance that – whether Browndorf PEM, LLC. Mr. Browndorf has successfully led Browndorf PEM
through underwriting error or sheer bad luck – a portfolio of life during the past two years and navigated the Firm through perilous credit
settlements takes longer than expected to mature. Longevity extension, if climates to form four successful and emerging Funds with absolute return
it is acute, can significantly reduce the returns on a portfolio or even features and diverse asset classes such as Longevity, film equities and other
eliminate them entirely, turning the investment into a source of loss. illiquid assets. Mr. Browndorf is a pioneer in risk-mitigation strategies
involving longevity-linked principal protection and structured products.
One new strategy for mitigating extension risk is blending or “fusing” life
Prior to joining Browndorf PEM, Mr. Browndorf was an attorney in
settlements with other alternative asset classes, to create life settlement
Manhattan, New York (most notably at Bryan Cave LLP and Buchanan
“hybrids”. These new life settlement products preserve much of the
Ingersoll PC), where he represented securities brokers and private clients in
uncorrelated characteristics of the asset class, but remove the sting of a
securities and white collar criminal litigation, including the notable People
possible longevity extension scenario. Matthew Browndorf and Jonathan
of New York v. Kozlowski and Swartz litigation involving TYCO.
Sadowsky – both of Browndorf PEM – have pioneered the approach in
recent months, and will guide you the challenges of structuring these
Jonathan Sadowsky
investments most effectively.
Managing Director of Finance
What You Will Learn: Browndorf PEM
• Understand the concept of life settlement “hybrids”
Jonathan T. Sadowsky, Managing Director of Finance and Portfolio
•
Determine the most effective assets for inclusion within fusion products
• Examine the ways in which fusion products react within different market
Manager, manages all of the Browndorf Life Settlement Funds, which
specializes in obtaining longevity risk both in synthetic and physical form.
scenarios
As one of the only buy-side hedge funds to specialize in the asset class in
•
Identify the investor types most likely to benefit from fusion products
synthetic form, Browndorf PEM specializes in a distinct combination of
qualitative and quantitative analysis to opportunistically and efficiently
How You Will Benefit:
manage longevity assets and their risks.
•
Engineer product structures that mitigate longevity risk
• Reduce your exposure to underwriting error
Mr. Sadowsky's prior derivatives modeling and risk management
• Create new sources of diversity within a portfolio, beyond multiple lives
experience allow the fund to efficiently manage longevity risk in synthetic
• Attract new kinds of investor
form, which mitigates all of the unwanted physical policy risks most life
settlement assets carry.
About the Workshop Leaders:
Interested in attending the workshop? Make sure you register for
Matthew Browndorf
the All-Access Pass – Main Conference & Post-Conference Workshop
Founder & Chief Investment Officer – on the registration form.
Browndorf PEM
5 1-800-882-8684 www.lifesettlementsummit.com

6. About Our Sponsors
For over 25 years, Coventry has been redefining insurance. Founded in 1982, Coventry began as an insurance marketing, product
development and policy administration firm. Known as a leading innovator in the industry, Coventry assisted insurance carriers in the
development of product, software and distribution. It established itself as one of the top corporate life insurance companies in America
during the 1990s, servicing over 70,000 policies for its corporate clients. In 1998, Coventry created the secondary market for life
insurance in the United States and coined the term “life settlement”. As the market leader, Coventry has structured and financed
transactions representing more than $25 billion of death benefit and has been a key driver behind the market’s rapid growth. Today,
Coventry is the largest purchaser and servicer in the longevity and mortality market, employing more than 200 people. Based in
Pennsylvania, Coventry was the first secondary market firm to earn Standard and Poor’s highest servicer ranking (2004 and reaffirmed
in 2006). In 2005, Coventry was first in revenue in the insurance category of the annual Inc. 500 listing of the fastest growing private
companies in America. Website: www.coventry.com
Sponsorship And Exhibition Opportunities
Sponsorships and exhibits are excellent opportunities for your company to showcase its products and services to high-level, targeted decision-makers
attending the 3rd Life Settlements & Longevity Summit. IQPC and Finance IQ help companies like yours achieve important sales, marketing and
branding objectives by setting aside a limited number of event sponsorships and exhibit spaces – all of which are tailored to assist your organization in
creating a platform to maximize its exposure at the event.
For more information on sponsoring or exhibiting at the 3rd Life Settlements & Longevity Summit, please contact Mario Matulich at
212-885-2719 or sponsorship@iqpc.com.
It was a great conference. The topics were well selected, and the event was very well
managed. Thanks for your effort. – KT Huang, Managing Director, Emeritus Group
Registration Information
Team Discounts: For information on team discounts, please
Book and Pay by Book and Pay by Standard contact IQPC Customer Service at 1-800-882-8684. Only one discount
5-Feb-10 5-Mar-10 Price may be applied per registrant.
All-Access Pass: Includes Special Discounts Available: A limited number of discounts are available
for the non-profit sector, government organizations and academia. For more
Post-Conference Workshop (save $949) (save $549) (save $149) information, please contact customer service at 1-800-882-8684.
+ Main Conference $1,399 $1,799 $2,199 Details for making payment via EFT or wire transfer:
JPMorgan Chase - Penton Learning Systems LLC dba
Conference Only (save $800) (save $300) IQPC: 957-097239
$999 $1,499 $1,799 ABA/Routing #: 021000021
Reference: Please include the name of the attendee(s) and the event number: 17092.003
Workshop Only $549 $549 $549
Payment Policy: Payment is due in full at the time of registration and includes lunches
and refreshment. Your registration will not be confirmed until payment is received and
Please note multiple discounts cannot be combined. may be subject to cancellation.
A $99 processing charge will be assessed to all registrations not accompanied by credit card payment at the time of For IQPC’s Cancellation, Postponement and Substitution Policy, please visit
registration. www.iqpc.com/cancellation
MAKE CHECKS PAYABLE IN U.S. DOLLARS TO: IQPC Special Dietary Needs: If you have a dietary restriction, please contact Customer
* CT residents or people employed in the state of CT must add 6% sales tax. Service at 1-800-882-8684 to discuss your specific needs.
Venue Information: Venue is to be announced. Please check the website at www.lifesettlementsummit.com for ©2010 IQPC. All Rights Reserved. The format, design, content and arrangement of this
updates and announcements. brochure constitute a trademark of IQPC. Unauthorized reproduction will be actionable
under the Lanham Act and common law principles.
3rd
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TM
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