Natively Global

Founded in 2020 by Modern Tontine Finance and Longevity Risk-Sharing enthusiasts around the world, Nuovalo is inherently global, just like the pension underfunding problem we aim to solve


Richard Fullmer, Managing Partner and Chief Executive

After a long career in insurance and asset management, Richard founded Nuova Longevità Research and helped pioneer the field of Modern Tontine Finance in collaboration with fellow researchers Michael Sabin and Jonathan Forman. After producing several publications on the subject, Richard assembled the Nuovalo team to make modern tontines a practical alternative to conventional pensions and portfolio drawdown approaches.

Richard Fullmer

Pascal Winter, Partner, Chief Actuary, and Acting Chief Technology Officer

As a qualified French actuary with 15 years of insurance experience across Asia, various managerial level positions and strong taste for technology, Pascal was naturally attracted by the simplicity and efficiency of Modern Tontines. His role is to implement Modern Tontines Services and to drive Nuovalo’s development

Pascal Winter

Manuel Garcia-Huitron, Partner and Chief of Global Strategy and Expansion

With over 20 years of experience in the pension business globally, Manuel is a leading expert in pension design, reform, and regulation. Manuel’s role is to drive the Americas business operations and Nuovalo’s global strategy.

Manuel Garcia-Huitron


Tyron Fouche, Advisor

As a Fellow actuary and past founder of Nobuntu - a B2C tontine venture in South Africa and a Techstars accelerator graduate - Tyron is a passionate entrepreneur with a taste for solving complex problematics. His role is to foster the EMEA business operations and Nuovalo’s development

Tyron Fouche

Michael Sabin, Actuarial Advisor

Michael Sabin is a giant of modern tontine research. His groundbreaking work includes major innovations in actuarially-fair tontine design and the mathematical methods to support it.

Michael J. Sabin

In Memorium: Jonathan Forman, Legal and Regulatory Advisor

We are deeply saddened by the death in 2021 of our advisor, collaborator, and friend, professor Jonathan Barry Forman. Jon was the Kenneth E. McAfee Centennial Chair in Law at the University of Oklahoma, where he taught courses on tax and pension law. Professor Forman also served in Washington, DC as the Professor in Residence for the Internal Revenue Service Office of Chief Counsel for the 2009–2010 academic year, and he was a member of the Board of Trustees of the Oklahoma Public Employees Retirement System (OPERS) from 2003 through 2011. He has written extensively on the legal and regulatory considerations of tontine pensions.

Jonathan Barry Forman