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
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 -