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Full Members AG

Executive Board: Jens Grüneklee (CEO)

Alte Jakobstraße 85/86
10179 Berlin

Postfach 02 12 44
10123 Berlin

Phone: +49 (30) 920 3333 0
Fax: +49 (30) 920 3333 40

Website: AG, Berlin, Germany, is the pioneer of the German secondary life insurance market, having introduced the business to Germany with its creation in 1999. Since then has purchased and sold life insurance policies worth more than 2 billion euro. Furthermore offers administrative services to investors and currently has approx. 230 million euro assets under management.

Cumerius Management GmbH

CFI Fairpay
CFI Fairpay is a brand of Cumerius Management GmbH
Thomas Fröhlich
Börsenstr. 2-4
60313 Frankfurt am Main
Tel: +49 (69) 50951 7777
Fax: +49 (69) 50951 7799

Under the brand "CFI FAIRPAY" the Cumerius Management GmbH buys and provides loans on life insurances in the secondary market and is also managing existing policy portfolios for third parties.

Life Bond Holding GmbH & Co. KG

Michael G. Hoesch
Münchner Str. 54
82069 Hohenschäftlarn
Phone: +49 (8178) 90 88 0
Fax: +49 (8178) 90 88 99

Life Bond has been a recognized expert in the field of alternative financing solutions for more than 15 years. It is our declared goal to offer our clients transparent and profitable investment opportunities in alternative markets, "off the beaten tracks". We provide access to secondary and tertiary life insurance markets in the US and Germany, our spectrum of services ranging from the conception, development, management and marketing of investments to the provision of consulting services. Our investors benefit from our extensive know-how and market knowledge, our long experience as well as individual and customized investment products.

North Channel Bank GmbH & Co. KG

Erthalstraße 1 - Bonifaziusturm B
55118 Mainz
Phone: +49 (6131) 6693-0
Fax: +49 (6131) 6693-200

NorthStar Life Services, LLC

NorthStar Life Services, LLC
114 Pacifica, Suite 200
Irvine, California 92618
Phone: +1 949 265 1646
Fax: +1 949 270 8646

North Channel Bank was founded as a private bank Bankhaus Oswald Kruber in 1924 with its head office in Berlin. In 2009, a North American group of investors with experience in the secondary market for US life insurance policies acquired the bank and renamed it North Channel Bank. In the course of the following years, the bank developed into one of the leading institutions for the financing of US life insurance policies. With the takeover of the subsidiary NorthStar Life Services, LLC Irvine/California in 2013, the bank obtained direct access to and influence on a reliable, experienced and renowned servicer, who had been operating for many years on behalf of investors and banks, and who had contributed significantly to the positive performance of their investments.Today, in addition to the financing of US life settlements, the bank also offers individual services in the securities trading and credit card business.
NorthStar Life Services, LLC
To be successful in investments in the secondary market for US life insurance policies,sound knowhow and profound knowledge of the mechanisms are decisive. It is only in this way that the risk of the policies can be managed intelligently over the lifetime. Together with our subsidiary NorthStar Life Services, LLC, Irvine/California, we offer our clients a comprehensive service package that guarantees a profitable investment.

Partner in Life S.A.

CEO: Dean Goff
9, rue Goell
L-5326 Contern
Phone: +352 269 492 0
Fax: +352 269 492 31

For our partners we have successfully and enthusiastically invested in German and UK endowments for more than ten years. We provide a second life for excellent with-profits policies. 

Our Partners are

  • Clients selling their endowments
  • Institutional investors
  • Financial advisors

Policen Direkt GmbH

Rotfeder-Ring 5
60327 Frankfurt am Main
Phone: +49 (69) 900 219-0
Fax: +49 (69) 900 219-40

The Policen Direkt-Group is the market leader in the German secondary life insurance market and the leading provider of direct investments in traded endowment policies. Founded in 2004, over 20.000 customers have sold their policies to Policen Direkt since realizing an accumulated surplus benefit of 50 million Euros over surrender values. In 2011, Policen Direkt acquired policies worth 140 million Euro; assets under management rose to 1.2 billion Euros. With “policeninvest” a new investment product was successfully launched in late 2008. “policeninvest” enables private and institutional investors to make direct investments in a wide choice of attractive life insurance policies. Beside that Policen Direkt brokers policy loans as well as the sale of closed end fund investments in the secondary market. Frankfurt-based Policen Direkt is a subsidiary of European Policy Exchange Limited, London.

Vida Capital Inc.

Adam Meltzer
Vice President, Portfolio Management
Austin, TX 78746
Phone: +1 512 637 4152
Fax: +1 512 961 8264

Vida Capital is a vertically integrated asset management company providing longevity contingent investment solutions to institutional and individual investors. The company was founded in 2009 by Jeff Serra and Austin Ventures, a venture capital firm with approximately $4 billion of assets under management. Vida specializes in the structuring, servicing, financing and management of life settlement funds, asset-backed securities and customized portfolios.

Wealth Management Capital Holding GmbH

Stefan Echter
Am Eisbach 3
80538 München
Phone: +49 (89) 678205-500
Fax: +49 (89) 678205-295

In 2007 the activities of three closed fund initiators, namely HVB FondsFinance, Blue Capital and H.F.S., had been pooled under the umbrella of Wealth Management Capital Holding GmbH (WealthCap). WealthCap is a 100% subsidiary of HVB/UniCredit Group. WealthCap is among the biggest initiators of closed end funds in Germany with currently 9 bn Euro in assets under management spread over more than 100 initiated closed end funds in the asset classes Secondary Life, Real Estate, Private Equity, Renewable Energy and Infrastructure. A staff of 250 employees services approx. 145,000 investors from our offices in Munich, Hamburg, Den Haag and Atlanta. 

West Life Markets GmbH & Co. KG

Ingo Wichelhaus
Herzogstrasse 15
40217 Düsseldorf
Tel: +49 (211) 826 8019

Winninger AG

Dr. Marcus Simon
Normannenweg 2
20537 Hamburg
T. +49 40 822 193 670 E-Mail:

WTW Weidinger Thiele Wenninger
Steuerberater Wirtschaftsprüfer Partnerschaftsgesellschaft

WP StB Jörg Weidinger
Sendlinger Straße 7
80331 München
Phone: +49 (89) 2111470
Fax: +49 (89) 21114744

WTW looks after the interests of a wide range of medium-sized companies and institutions from various industries as well as the assets of individuals and families who place the highest demands on qualified and individual consultancy. We take the utmost care that our areas of consultancy and our quality of service are continually improved in order that we can always fulfil the demands of the most discerning client. The professional and personal further training of our employees, a modern information system and the access to an international network are some of the decisive factors permanently promoted and subject to further developments.