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 U.S. life settlements-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 |
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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 | - |