Consumer & Commercial Finance Trans Atlantic Lifetime Mortgages, Ltd.

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Trans Atlantic Lifetime Mortgages, Ltd.

777 established Trans Atlantic Lifetime Mortgages, Ltd. (“TAMI”) in the UK to acquire and service equity release mortgages (“ERMs”). ERM is an UK version of reverse mortgage that allows the elderly to borrow against their homes’ equity to generate additional liquidity to fund the financial need for the remainder of their lives.

Date Invested: March 2019

Sector: Consumer & Commercial Finance