SOURCE: Life Equity

Life Equity

August 25, 2011 11:34 ET

Life Equity Hires Chris Wells as Business Development Manager

HUDSON, OH--(Marketwire - Aug 25, 2011) - Life Equity LLC, an Ohio-based life settlement provider and asset servicer, is pleased to announce the appointment of Chris Wells to the position of Business Development Manager.

Mr. Wells will be based in Luxembourg and is responsible for the company's business development efforts, including corporate messaging and market communications.

"Our team is extremely excited to have Chris on board," said Kyle Kibler, Chief Executive of Life Equity. "He has expert knowledge of the asset class and has built a significant network in the industry. Chris will play a key role in helping us build out our business, particularly in Europe, as we deliver our message to the wider investment community."

Before joining Life Equity, Chris was Deputy Convener of the European Life Settlement Association in London, England and a Financial Analyst for Carlisle Management Company in Luxembourg. Chris holds a BSc (Honors) in Economics from the University of Hull and has held positions at Merrill Lynch and Northern Trust.

"As an active participant in the Life Settlement market, I have always been impressed by Life Equity's respected position in the industry," said Chris Wells. "I am thrilled to be able to take up this opportunity."

If you would like additional information about Life Equity's services you can contact Chris Wells at Info@LifeEquity.com

About Life Equity LLC

Life Equity LLC is a life settlement provider and asset servicer that assists institutional investors with policy acquisitions and post-acquisition policy management. Life Equity has earned international recognition as a leader in the life settlement marketplace with a reputation of adherence to the highest ethical, professional and legal standards. Life Equity was founded in 2000 and is headquartered in Hudson, OH. For more information, visit www.lifeequity.com.

Chronos Life Group, a Kohlberg & Co. portfolio company, owns a majority interest in Life Equity LLC. For more information, visit www.kohlberg.com.

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