Clifford M. Brown brings over 30 years of finance, investment management and executive experience to AKG Advisors, LLC and its clients.

Mr. Brown began his career as an investment banker where he worked at Salomon Inc., Eastdil Realty and Dillon, Read & Co. Inc. His broad transactional experience encompassed billions of dollars of public and private debt and equity offerings, bankruptcies, project finance, asset sales and mergers and acquisitions. Mr. Brown's clients included both domestic and foreign entities.

As an investment advisor with AEW Capital Management, Mr. Brown had overall portfolio management responsibility for more than $2 billion of publicly traded and privately held real estate and real estate related securities and assets. He was also President of a $100 million publicly registered and SEC regulated mutual fund. His clients included General Motors Pension Trusts, Ameritech, The State of Connecticut, ARCO, British Gas, The City and County of San Francisco and Mutual of America. Mr. Brown consistently exceeded performance benchmarks for all of his clients on an after-fee basis.

Mr. Brown was the CFO and Interim President of a $50 million (revenue) corporation pursuing a consolidation strategy in the car care industry and has been a consultant to several privately held finance and investment management organizations.

Life Settlement Activities

Cliff Brown has a unique perspective on the life settlement industry as he brings broad experience from the investment management, agency and provider sides of the business.

In 2002 Mr. Brown was a co-founder of CEPRA Investments, LLC. During its active phase CEPRA arranged life settlement transactions totaling approximately $350 million of gross equity and debt on behalf of three different clients. This capital was raised to purchase approximately $1.2 billion in face amount of policies. CEPRA has retained Mr. Brown and AKG to manage all of the ongoing analytical and portfolio management services for these clients.

Mr. Brown's activities for his clients have included: the oversight review of more than 2,500 individual policies submitted for approval to the investment funds; providing recommendations and advice with respect to whether individual policies meet specific investment criteria; providing ongoing portfolio management review and guidance; providing advice ensuring that the portfolios meet specific investment guidelines; providing recommendations on disposition alternatives for the portfolio investments over time and the review and refinement of detailed workflows between the servicer and the investment fund. Mr. Brown also managed the disposition of a $32 million portfolio of assets on behalf of a client via a global auction process.

Mr. Brown was a senior advisor to Maple Life Financial, Inc. from August of 2007 through June of 2009. Maple is one of the most respected providers of services in the life settlement industry. In this capacity, he helped develop and implement strategic plans for Maple, advised on the creation of new products and services and the development of new business lines and assisted in the structuring of transactions and development of new relationships.

In 2010 AKG and Cliff were retained on an exclusive basis to represent Maple Bank GmbH (no relation to Maple Life Financial) in a foreclosure auction on a $144 million face amount portfolio of seasoned life settlements.  This globally marketed transaction was successfully closed in February 2011 at a price exceeding the outstanding loan balance.

In November 2012, AKG and Cliff were retained on an exclusive basis to represent a European closed-end fund in the disposition of certain policies to raise capital for operational and financing requirements.  Cliff successfully closed transactions with two buyers in December 2012 and January 2013 that enabled his client to meet their pressing capital needs.