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May 15, 2019  

Vida Extends Life-Settlement Series

Life-settlement investor Vida Capital has raised a sizable sum for its latest vehicle.The Austin firm has locked in $335 million from just three investors for Vida Insurance Credit Opportunity Fund 3. A predecessor vehicle, Vida Insurance Credit Opportunity Fund 2, last year closed on $886 million — handily beating its fund-raising goal of $750 million.Vida, which had $3.7 billion under management at yearend, is among a small number of fund...

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