Luxembourg-based Carlisle Management handily exceeded its initial fundraising target with its Absolute Return Fund II FCP RAIF, attracting $290 million in investor capital.
The new closed-end fund’s strategy is in the area of life settlements, which has been a growing area in recent years within alternative asset management. The firm boasts a model that offers access to niche and underserved tertiary market segments.
“We are extremely proud to have closed our Absolute Return Fund II above target, particularly during a period of significant global economic distress,” said Oleksandra Polishchuk, Carlisle’s chief . . .
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