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.

 

 

Absolute Graph 2
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 -