Lighthouse Life Solutions LLC, a U.S. life settlement company, has hired Jennifer Felice Breen to serve as chief financial officer of the company and its related entities.
In her new role, Breen will manage the company’s finances and accounting and help lead its recently launched $50 million Reg A+ Senior Beacon Bonds, a fixed income, debt investment in Lighthouse Life Capital LLC.
Immediately prior to joining Lighthouse Life, Breen worked for seven years at Resource Real Estate as vice president and chief accounting officer for the company’s non-traded real estate investment trusts.
She started her career in 1998 working at KPMG LLP where she was a senior manager, and has previously held accounting and finance positions at ACE INA Holdings Inc., Iomega Corporation, Tekni-Plex, Inc. and AC Lordi.
Breen holds an executive MBA from the Erivan K. Haub School of Business at Saint Joseph’s University and a bachelor’s degree in accounting from Rider University.
“Jennifer Felice Breen, with her background in the retail alternative investment markets and depth of knowledge in accounting and finance, is a great addition to the growing Lighthouse Life team,” said Michael Freedman, Lighthouse Life’s chief executive officer.
Lighthouse Life, which sources and purchases life insurance policies through the regulated life settlement market, recently announced that the Securities and Exchange Commission qualified its $50 million Reg A+ corporate bond offering, known as the Lighthouse Life Senior Beacon Bonds.
Proceeds from the Beacon Bonds will be used to expand the company’s business through increased networking, marketing, and advertising of its life settlement services and to purchase policies that it will subsequently resell to institutional investors.
Lighthouse Life Solutions LLC works with financial professionals – including insurance agents, financial advisors, accountants, and others – who advise and assist policyowners with the sale of unwanted, unneeded or unaffordable life insurance policies.