SOURCE: Carlisle Management Company

Carlisle Management Company

March 04, 2010 15:25 ET

Carlisle Management Leads European Life Settlement Trade Mission Call for Transparency and Unifying Industry Standards

LUXEMBOURG--(Marketwire - March 4, 2010) -  Carlisle Management Company, a leading alternative investment and advisory firm and manager of the Luxembourg Long Term Growth Life Settlement Fund, today announced its support for additional industry transparency. Carlisle concluded a successful four-day, three country trade mission focused on bridging information between European investors and representatives from the United States Life Settlement community. The trade mission was led by the European Life Settlement Association (ELSA) and by The Life Insurance Settlement Association (LISA) and provided the first international effort to capitalize on interest within the secondary market.

The trade mission provided European investors, life settlement experts, and service providers a unique and collaborative forum to discuss acceptance of regulation, higher levels of disclosure and unifying of industry standards. "We are privileged to be a part of such an informative and ground breaking event and joining the European life settlement community in promoting best-practices, transparency and regulation," said Jose Garcia, Chief Executive Officer of Carlisle. "The significant participation and quality of attendees here highlights that the European investment community is focused and engaged in life settlements." The ELSA governing body also provided a timetable and theme for establishing a code of practice early this year.

Carlisle presented on a number of topics including Best Practices, Fund Investment environment and Mitigation of Risk and topics ranged from views on the financial crisis, impact of recent longevity revisions and the importance of regulated jurisdictions. Unlike investments in many asset classes, professionals attending the trade mission were drawn to the low correlation life settlements policies have in comparison to traditional investments.

Commenting on the recent trip, "The Luxembourg Life fund is well positioned with our transparent and regulated vehicle structure, mark to market valuation and tested performance. It was read loud and clear by many, that these are the attributes that will bring Life Settlements in to the future," said Tim Mol, Chief Operating Officer of Carlisle. "This is really the door that will lead us to sophisticated European investment markets."

Carlisle recently launched its new site, http://www.luxembourglifefund.com/, which offers a new permanent home for information on life settlements and longevity investing.

About Carlisle Management Company SCA
Carlisle Management Company SCA (CMC) is a Luxembourg based alternative investment and advisory firm focused on the United States secondary life insurance market known as life settlements. Carlisle specializes in alternative asset strategy consulting and life settlement fund development. CMC also is a provider of alternative risk finance and secondary market insurance product consulting. The company operates The Luxembourg Life Fund www.luxembourglifefund.com, offering institutional investors with access to investment strategies based on life settlement products. For more information on Carlisle and its alternative and life settlement services, please visit the website at http://www.cmclux.com or contact info@carlislemanagementcompany.com.

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