Life settlement company, Coventry Capital, will for the first time invest in a life settlement based fund managed by SL Investment, a U.K. based fund. According to a story by Hedge Fund, Coventry Capital will buy policies for the Long View Beta Fund, which is seeking a 9% to 11% rate of return. Coventry Capital is an affiliate of the life settlement company, Coventry First, a Fort Washington, PA – based provider. The main fund will be located in Luxembourg, but plans for a an Irish version are also being discussed. Both countries have tax treaty agreements with the United States. The fund will begin policy purchases once $50 million has been initially raised. For more information regarding life settlements or a specific life settlement company in the news and to receive a free policy evaluation, please visit LivePDQ by clicking the link in the upper right of the page.