Luxembourg's Carlisle Management Successfully Concludes Full Deployment of Absolute Return Fund I
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
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。