The Lifeline Program recently announced that veteran investment banker Scott Sanders has joined the company as head of capital markets. He is directing the company’s efforts to sell pools of life settlement portfolios to institutional buyers including pension funds, private equity groups and hedge funds. Interest in life insurance settlement portfolios from institutional, tertiary markets is on the rise, according to company executives.
“We are pleased to add Scott Sanders to our talented and growing executive team,” said Wm. Scott Page, president and CEO of the Lifeline Program. “His knowledge of the relationship between life settlements and the capital markets is unmatched, and his vast contacts will be invaluable to our company.”
Prior to joining the Lifeline Program, Sanders spent nearly 15 years in strategic consulting and structured finance. Most recently, he ran his own independent investment banking firm, where he managed private equity and venture capital engagements within the life settlement market among many others. He earned his undergraduate degree from the University of Minnesota and an MBA from the Kellogg School of Management at Northwestern University.