MyLumpsum LLC Approved for Membership
June 30, 2014
NASP is pleased to announce MyLumpsum LLC was approved for membership at NASP’s Board of Directors Meeting on June 7, 2014. “We are pleased welcome MyLumpsum LLC as a member to work alongside NASP members in our efforts to ensure that the secondary market for structured settlement transfers remains fair, competitive, and transparent,” said Andrew Savysky, Chair of NASP’s Membership and Finance Committee.
The principals of MyLumpsum LLC are industry veterans who formed part of Peachtree Settlement Funding’s senior executive management, prior to its merger with JG Wentworth in 2011.
MyLumpsum LLC is the originator for Oxford International Group, LLC, a specialty finance company focusing on the acquisition of illiquid, high quality financial assets, which announced the closing of an equity and debt financing transaction with affiliates of Fortress Investment Group earlier this year.
Together with NASP’s other members, MyLumpsum LLC looks forward to working diligently in educating the public, regulators, and others about the benefits of settlement transfers, how they work and how they are regulated.
Susan Barnes 707-888-2647
NASP Association Administrator