CV Issue 2 2018

42 CORPORATE VISION / Issue 2 2018 , CarlisleManagement Company SCA is a Luxembourg-based investment management firm that specialises in investment funds and related private equity transactions within the alternative asset sector, most notably in the life settlements market. CEO Jose Garcia the chance to provide us with an article outlining his thoughts on the success of the firm. Investing in the Future In order to provide the highest level of service to its investors, Carlisle Management emphasises a unique full- service management approach, assuming responsibility for a wide range of tasks over the entire lifecycle of its investments. Since its inception, the company garnered a reputation as a pioneer and market leader for investment solutions in the life settlements space, and has experienced strong growth as a result, serving institutional clients, most notably, Family Offices, Pension Funds and Banks. Carlisle was founded by a management team with a substantial of history of working together previously during turbulent Financial Markets around the world. These turbulent times served as a sign to the team that investors needed more alternatives to achieve higher levels of protection and diversification, and that alternative assets would become prevalent in years to come. Fundamentally, our specific focus has been on our expertise within the life settlements industry, creating, structuring and managing yield-oriented and tax optimised investments for institutional investors and financial intermediaries, specifically within this asset class. Essentially, we saw the need for investments that were truly uncorrelated and wanted to design investment products for investors who were seeking stronger organisational infrastructure, greater regulatory oversight, institutional counterparties and higher diversification through minimal correlation to traditional financial markets. Carlisle’s investment funds, acquire, trade, and manage portfolios of U.S. based life insurance policies issued by highly rated US life insurance companies. The policies generate investment returns based on the difference between the face value of each policy and the acquisition price plus accumulated premiums at the time of mortality. Interestingly, the life settlement industry has grown at a phenomenal rate over the last decade, and the firm has been able to take full advantage of this growth by pioneering a number of different fund features in the space. We first introduced and continues to utilise mark-to- market valuation systems and independent service providers as key elements of the underwriting and valuation process. Additionally, the company employs detailed actuarial and financial analysis tools that ensure that assets meet a rigorous series of sensitivity and stress tests, including variables not included in actuarial profiles. Combined with tax-compliant, regulated investment structures, it is these innovative measures that have allowed Carlisle to secure consistent results while offering fully transparent investment products to its knowledgeable and discerning investor base. As the Life Settlements industry evolves and becomes more efficient, Carlisle, as investment manager, must continue to lead the way and adapt to new circumstances. Due to the global economic uncertainty and the current financial market stagnation many investors concerned about an upcoming market correction have demanded a close-end fund solution to address these concerns. It is in that respect that Carlisle has decided to launch the first of several close-end vehicles, Absolute Return Fund I, which will provide protection against future market downturns. The fund shall be available starting in 2018 and will provide investors with a cash-in, cash-out investment vehicle where all incentives are aligned, while providing the same level of quality and transparency that our investors have come to rely on. Another potential challenge in the near future is supply restrictions in the life settlements market. In order to address this in 2018, Carlisle has become one of the founding partners of the Alliance for Senior Health Care Financing, a coalition of industry members aimed at raising awareness of life settlements within the senior community. Through participation in industry events, and direct to consumer marketing campaigns we hope to make a difference and improve supply in the market to sustain future industry growth. We believe as the market continues to evolve Carlisle is 1801CV14 extremely well positioned to take advantage of upcoming trends and opportunities for its investors. Crucial to our success has been our dedication to our clients, who are always first on the list. Whether in terms of ensuring a seamless interaction with the company, providing a proper allocation strategy or by simply creating products that meet their tax and regulatory requirements. Carlisle always operates with the best interests of our clients at heart. Lastly, many of the key evolutions over the years have been based on global investor feedback as well as management interaction and experience in a wide array of projects. It is this feature that has kept Carlisle as an industry leader all of these years and 2018 is set to be another monumental year for Carlisle. As exposure and investor interest grows, we plan to use the momentum to bolster our already formidable footprint in the marketplace and form new strategic partnerships that will enforce our firms forward thinking philosophy and help us remain at the forefront of the industry. It is our intention to continue playing a strong leadership role in the life settlements industry, by innovating and promoting education and asset awareness. Company: Carlisle Management Contact: Jose Garcia Address: 9 Rue Sainte Zithe, 1st Floor Luxembourg City, L-2763, Luxembourg Phone: 00352 268 453 59