Absolute Return Fund IV

Fund Portrait
The Absolute Return Fund IV is a closed-end investment fund managed by Carlisle Management Company S.C.A., operating under the Abacus Global Management brand. The fund targets a net annualized return of 15%+ by investing in the U.S. secondary life insurance, policies sold by seniors who no longer need or can afford them.
Leveraging over 80 years of combined team experience and a proprietary direct-to-consumer sourcing platform, the fund builds diversified portfolios optimized through rigorous actuarial underwriting and stress testing. With low correlation to traditional financial markets, high credit quality, and predictable, self-liquidating cash flows, the fund offers institutional investors a socially responsible and capital-efficient alternative asset class. The fund is structured to deliver quarterly distributions and aims to fully deploy committed capital within 10–12 months.

| INVESTMENT MANAGER | Carlisle Management Company |
|---|---|
| LINKEDIN COMPANY PAGE | Abacus Global Management |
| FUND | Absolute Return Fund IV |
| TYPE STRUCTURE | AIFMD-compliant fund |
| DOMICILE | Luxembourg |
| LAUNCH DATE | March 31, 2022 |
| DISTRIBUTOR SWITZERLAND | OpenFunds Investment Services AG (Switzerland) |
| AUDITOR | KPMG Luxembourg |
| CUSTODIAN | Caceis Bank Luxembourg |
| REGULATOR | CSSF |
| PAYING AGENT SWISS | REYL & CIE LTD |
| GEOGRAPHY | U.S. life settlement market |
| SECTOR | Secondary life insurance |
| SHARE CLASSES | - |
| CURRENCY | USD, EUR, CHF |
| INITIAL CHARGES | - |
| MINIMUM SUBSCRIPTION | USD 1 m (or equivalent) |
| LIQUIDITY | Quarterly NAV, term of 10 years |
| MANAGEMENT FEE | 1.5% |
| PERFORMANCE FEE | 20 % with 6% hurdle |
| FUND SIZE | USD 250m |
| MANAGER TRACK RECORD | - |
| ISIN | Please refer to the factsheets |
| SFDR CLASSIFICATION | - |