Luxembourg's Carlisle Management Successfully Concludes Full Deployment of Absolute Return Fund I

Carlisle Management Company

PR83378

 

LUXEMBOURG, Mar. 23, 2020 /PRNewswire=KYODO JBN/--

 

Carlisle Management Company SCA, a leading investment manager in the life

settlements space, has finalized the deployment of its Luxembourg Life Fund:

Absolute Return Fund I FCP SIF. The portfolio has been deployed within 12 months,

fully in line with Carlisle's expectations, and currently includes several hundreds of Life

Insurance policies diversified across multiple parameters including but not limited to face value,

insurance carrier, age, mortality profile, rating and gender. At the same time the gross expected

returns at purchase have exceeded our original targets. This gives us confidence in being able

to deliver robust investment performance for Absolute Return Fund I. The recent transactions serve as another demonstration of Carlisle's unprecedented position in the industry.

The establishment of a proven and well diversified network of sourcing partners has ensured

sufficient access to the tertiary market and our ability to utilize unique time-to-market

opportunities often inaccessible to other market participants.

 

The Absolute Return Fund I offers a number of advantages for investors

beginning with limited liquidity risks due to its closed end structure.

Additionally, assets are valued at cost and income only recognized when it is

realized, providing that any short-term money supply fluctuations will have no

impact on the fund's valuation and performance. We expect that our Absolute

Return Funds will continue performing with near zero correlation to financial

markets and begin to provide liquidity back to the investors as originally projected.

Finally, Carlisle has successfully executed the drawdown on a new leverage facility,

provided by a renowned private lender. The leverage is used as premium facility

in order to minimize cash drag and further amplify actual returns.

 

"As we continue to deploy capital for our Absolute Return Funds, we put our

emphasis on a proactive strategy, reinforcing existing market relationships and

building new ones," said Jose Garcia, CEO of Carlisle Management Company.

"At the same time, we may be presented with a unique opportunity of buying Life

Settlements at discounted prices due to the current economic environment, which

would further enhance returns to our investors. Carlisle believes that Life Settlements

will have a limited impact from the current economic downturn, as it is a long-term

investment strategy with limited correlation, and will outperform relative to traditional

financial markets during these uncertain times."

 

All in all we believe that for investors willing to bear some illiquidity, the robust and

uncorrelated qualities of life settlements make it a unique diversification tool in times

of market fluctuations. "Investors in today's uncertain economic environment are seeing

the benefit of life settlements and are realizing that their fundamentals remain unchanged," concluded Oleksandra Polishchuk, Carlisle's Chief Marketing Officer.

 

About Carlisle Management Company

 

Established in 2008, Carlisle is a leading, highly diversified global investment management firm.

Our state-of-the-art facilities and statistical modelling systems incorporate knowledge gained

from 60+ years of combined investment experience within the alternative asset sector. Supervised by the Luxembourg regulator and being subject to controls of reputable audit firms

at both management company and fund level, we operate independently, which allows us to

focus solely on investors call for transparency and performance, within a regulated framework

providing accurate management of the risks involved while maximizing investment returns.

 

Logo - https://mma.prnewswire.com/media/1136160/Carlisle_Management_Company_Logo.jpg

 

Contact:

Oleksandra Polishchuk

T. +352-268-453-5937

sashapol@cmclux.com

 

SOURCE: Carlisle Management Company

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