SOURCE: Carlisle Management Company

Carlisle Management Company

December 08, 2010 03:30 ET

Fortress International Joins Luxembourg Based Carlisle Management Company to Launch a New Regulated Life Settlement Investment Fund

LUXEMBOURG--(Marketwire - December 8, 2010) - Global fund management group Carlisle Management along with Fortress International announced the addition of its newest regulated SICAV Specialized Investment Fund, The Fortress International Fund LFP PRIME SICAV SIF.

The Fortress International Fund LFP PRIME SICAV SIF offers investors the opportunity to diversify away from traditional investment funds by providing a unique opportunity to participate in the minimally correlated asset class known as life settlements. The Fund offers investors growth potential with a low level of volatility in comparison to traditional investment strategies. The Fund gains exposure on life settlements by investing in investment grade, medium to long term, U.S. life insurance contracts. Established in 2003, Fortress is one of the longest continuously running investment managers in the life settlement fund sector boasting over seven years of positive performance.

"In this time of increased regulation around the world, it is imperative to provide investors with new investment vehicles that encompass the correct attributes: Tax Compliance, Regulation, Transparency, Proper and Correct Underwriting and a Mark to Market Valuation," said Jose Garcia, Carlisle's CEO. "Fortress and Carlisle endeavored to launch an investment fund which addresses all these points and brings life settlement funds to a new and prosperous period." Carlisle will be managing the Fortress Portfolio under its Luxembourg Life Fund FCP SIF Umbrella structure.

Carlisle Management Company opened its flagship life settlement fund in July, 2009 and is excited to add another fund to its family. Carlisle's Luxembourg Life Fund, which focuses on investing within the secondary life insurance market and its pioneering mark to market valuation, has posted strong double digit returns since inception, and projects ongoing success as the market begins to tighten. The Carlisle strategy attempts to build a portfolio, which benefits from the life settlement asset class whilst remaining neutral to the risks inherent in today's intertwined capital markets.

"The Global trend is for regulation, transparency and mark to market valuation systems. In order to be successful in this marketplace, Fortress needs to listen to the investment community and provide investment solutions to investors needs," said Peter Dodd, Fortress' Managing Director. "In partnering with Carlisle, a firm which has been in the forefront of regulation and mark to market, we look to bring regulated and transparent investment solutions to our investors."

Luc Leleux, Founder of Luxembourg Fund Partners S.A., one of the Board Members of the LFP Prime SICAV SIF platform said: "It is a great opportunity for us and our client to have organized this partnership with Fortress and Carlisle Management Company; the combination of our expertise in managing regulated investment funds with Carlisle's undisputable expertise in investing in U.S. Life insurance contracts together with Fortress's long established track record as alternative managers makes this venture a promising one for investors." 

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.cmclux.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.

About Luxembourg Fund Partners S.A.:
Luxembourg Fund Partners S.A. is a bespoke independent advisory firm offering comprehensive and tailored solutions integrated through financial products of the Grand Duchy of Luxembourg. LFP is a market leader in the Fund industry, experts in building, administrating and managing Regulated Investment Funds and Investment Structures on behalf of private and institutional clients. Please visit our website http://www.lfp.lu or contact us by email on info@lfp.lu, alternatively please call us on +352.691.362.315.

Contact Information

  • Contact:
    Carlisle Management Company
    Email Contact
    +352-268-453-59