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 . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.
