Cygnus LS, llc: Specialty Consultants

Cygnus LS, llc is a specialty consulting firm. We provide customized advisory services to private enterprises engaged in a broad range of businesses. Our services are offered to clients who require between $10 million and $85 million for identified projects and can demonstrate their ability to utilize either of our two structured financial vehicles to meet that need. In short, our business has been described recently as, “The marriage of project finance and structured finance.”


Each of our structures is a form of what is often referred to as an asset-backed securitization. In Cygnus LS’s case, however, the supporting asset is comprised solely of a single class of assets- -senior life settlement insurance policies, or “Life Settlements.” Thus, each client’s financing will be based on the private, underwritten sale of medium term Bonds that are backed by a unique, professionally created, diversified portfolio of Life Settlements.


One of our structures, our Wychelm Series Leveraged Program, utilizes an outside Credit Facility to enhance the Bonds; it is referred to by us as our “levered structure.” The other structure does not utilize an external liquidity resource and, therefore, does not include additional leverage. The structures have been designed to appeal to different investor audiences. In each case, however, the amount of the funds provided by investors, alone or with the Credit Facility, is sufficient to provide the funds needed by our clients’ projects, while also supporting the related costs attendant upon the acquisition of the LS portfolio and the maintenance of the structure. Once we have vetted a prospective client’s project and management, we generally expect to complete our assignment in not more than four to six months.


Cygnus LS is the successor to a business formed by our CEO in 2002. It began operations in the Life Settlement field in 2010 and began offering its current suite of services in late 2011. Cygnus LS, llc, was formed in July 2013. We have established strategic relationships with a team of independent structuring experts whose services compliment ours in order to fulfill our clients’ financing objectives.

In The News

Qualified Emerging Businesses with New Projects can Obtain Capital Loans from $25 million to $65 Million or more through Cygnus’s Wychelm Series Leveraged Program


About Cygnus LS, llc

Cygnus LS announces its formal organization 

On July 4, 2013, Cygnus LS announced its formal organization as a Delaware limited liability company with the objective of continuing the consultancy  operations of its Founder  and the strategic structuring team that has worked together in connection with assisting clients to secure the funding of their projects through a suite of LS-backed medium term Bonds financing structures.

The Wychelm Series Leveraged Program enhances the Qualified Borrower’s financial condition, currently allowing the Borrower to:

  • Borrow up to $65 million (or more for highly qualified Borrowers)
  • The loan is for ten years with a 10% coupon; there is an up to three-year interest free holiday at the beginning of the loan
  • The loan is not secured by the Borrower’s business, assets or stock; there are limitations on other borrowings, however
  • We do not require equity in the Borrower; if an equity kicker is necessary, it will not exceed between 10% and 20%
  • We do not take a seat on the Borrower’s Board of Directors
  • Terms and conditions of the loan are customary
  • Closing is expected within four to six months


Interested parties are invited to contact us.