Fifth Season Investments Acquires Fifth Season Financial Lp And The Life Insurance Investment Assets Of Chapford Capital Ii, Lp And Chapford Diversified Strategies Fund, Lp

Fifth Season Investments LLC ("Fifth Season Investments"), today announced its successful acquisition of assets to form a new life settlement investment platform. The acquisition includes (i) all of the life settlement business assets of Fifth Season Financial, LP ("Fifth Season Financial"), and (ii) substantially all of the life settlement investment positions and loans secured by life insurance policies owned by Chapford Capital II, LP ("Chapford Capital") and Chapford Diversified Fund, LP ("Chapford Diversified"). As a result of the transaction, which is valued at $220 million, all of the employees of Fifth Season Financial, including its founding partners Adam Balinsky and Scott Rose, have moved to Fifth Season Investments' affiliate Fifth Services, LP.