SALI Fund Services
Turnkey creation and administration of Insurance Dedicated Funds.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
N/A | Buyout | ||
| Total Funding | 000k | ||
Founded in 2002 and headquartered in Austin, Texas, SALI Fund Services provides a turnkey solution for the creation and administration of Insurance Dedicated Funds (IDFs). The company primarily serves asset managers, ranging from boutique hedge funds to large wealth management institutions, by enabling them to offer their investment strategies in a tax-compliant structure for insurance products. SALI's core service facilitates access to alternative investments for high-net-worth individuals and institutional clients through Private Placement Life Insurance (PPLI) and Private Placement Variable Annuity (PPVA) platforms.
The firm's business model is centered on acting as the fund administrator for the IDFs it helps create. This allows investment managers to focus on managing assets while SALI ensures the funds comply with all necessary tax and regulatory requirements. The company operates an open-architecture platform, collaborating with investment managers, insurance companies, and brokers. Its client base includes high-net-worth individuals, pensions, endowments, and various corporate and bank-owned life insurance programs (COLI, I-COLI, BOLI).
In November 2021, SALI was acquired by JTC, a global professional services company listed on the London Stock Exchange. This acquisition was a strategic move for JTC to significantly expand its presence in the U.S. market, making it the company's second-largest jurisdiction. Following the deal, SALI became a wholly-owned subsidiary of JTC USA Holdings, Inc., and continues to be a key player in the growing IDF market. As of December 31, 2024, SALI managed approximately $33.3 billion on a discretionary basis.
Keywords: Insurance Dedicated Funds, fund administration, private placement life insurance, PPLI, PPVA, asset managers, wealth management, tax-efficient investing, alternative investments, fund structuring, high-net-worth individuals, fund compliance, regulatory compliance, Separately Managed Account, family offices, COLI, BOLI, turnkey fund solutions, investment vehicles.