Fund Info

The Integrity Diversified Private Equity Insurance Dedicated Fund utilizes a risk management strategy of diversification, combining multiple upper-quartile private equity managers, vintages, and regions to minimize the investment risk in private equity.

APPROVED CARRIERS

Fund Highlights

Reduced risk profile by investing in broadly diversified private equity

Higher expected long-term returns vs. public equities or private credit

Access to an institutional network with privileged investment opportunities (e.g.co-investments), preferential fees and terms, industry-leading private market analysis, and upper-quartile investment managers.

A mix across different investment stages (investment period, value creation, and harvest period) mitigates the j-curve effect.

Fund Advantages

EXCEPTIONAL TEAM

Established investment company

Designed specifically for multi-generational impact

DISTINCTIVE STRATEGY

Access to industry leading GP’s across various vintages, geography’s, and investment types

Diversified across 12,000+ portfolio companies

RELIABLE STRUCTURE

Crafted to comply with PPLI / PPVA regulations 

Third party custody, auditing, and reporting

DURABLE PARTNERSHIPS

Best-in-class platforms and service providers

Established investment partnerships with upper quartile managers

Benefits to the Policyholder

Diversification

Diversification across strategy, region, vintage, and type

Capital Growth

Private equity asset class delivering long-term capital growth

Access

Access to upper quartile private equity managers

Liquidity

Investors have access to quarterly liquidity

Dr. Kristofer Gray

FUND PORTFOLIO MANAGER

Over 25 years of investment management across alternative and traditional platforms

Conducted doctoral research on suitability and structure of private placement life insurance (PPLI) for HNW/UHNW families

Architect of the Reverse Endowment Model (REM), an estate planning blueprint for business families combining asset allocation with asset location techniques

Dr. Kristofer Gray is the architect and lead portfolio manager of the Integrity Diversified Private Equity Insurance Dedicated Fund. He earned his doctoral degree in business administration from Pepperdine University in 2021 for his research regarding philanthropic giving through private placement life insurance and dynasty trusts. His research highlighted the significance of integrating asset allocation and asset location planning. Building upon 28 years in financial services, Dr. Gray has developed a deep expertise working with upper quartile private equity managers and real estate professionals, serving UHNW and family offices. Dr. Gray founded Integrity Financial in 2004 as a registered investment advisory practice and serves as Chairman of the Investment Advisory Council, overseeing due diligence and ongoing portfolio construction analysis. He earned both his Master’s degree and Bachelor’s degree from the University of Washington, and he serves on the Board of Directors for the Association of Washington Business.

SERVICE PROVIDERS

Legal Counsel

Accountant

Custodian

Auditor

FUND INFO

Overview of Fund Terms

APPROVED CARRIERS

I SHARE CLASS

R SHARE CLASS

S Share Class

MANAGEMENT FEE

0.55% annually

1.00% annually

1.25% annually

MINIMUM INVESTMENT

$25,000,000

$1,000,000

$250,000

LIQUIDITY

Quarterly with 95 days’ notice

HARD LOCK UP

None

SOFT LOCK PERIOD

2% early redemption fee expires after 12 months

INVESTOR QUALIFICATION

Qualified Purchaser

SUBSCRIPTIONS

Quarterly