Articles from Abacus Life Settlements

ORLANDO, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, announced today that it has successfully closed a $150 million debt financing facility. The facility was structured to offer flexible terms, with the goal of ensuring that Abacus is well positioned to meet its long-term strategic objectives. The financing was arranged and led by Sagard, with Värde Partners holding a significant commitment.

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors (“FCF”), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus’ ongoing expansion of ABL Wealth and its suite of products.

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of Carlisle Management Company S.C.A. (“Carlisle”), a leading Luxembourg-based investment fund manager in the life settlement space with over U.S. $2 billion in assets under management. The Carlisle acquisition marks a key milestone in Abacus's stated strategy to drive long-term growth and diversify its value proposition through expanded global alternative asset-management offerings.

ORLANDO, Fla., Nov. 27, 2024 (GLOBE NEWSWIRE) -- ABL Technologies, LLC (“ABL Tech”), a groundbreaking technology platform that revolutionizes how organizations manage and reconcile mortality data, and a subsidiary of Abacus Life, Inc. (“Abacus”) (NASDAQABL), today announced it is providing a preferred equity investment to Insured Connect, an insurance data and technology platform that connects carriers, distributors and agents. This investment will enable Insured Connect to meet the growing demand for its innovative data & technology, while solidifying Abacus’s growth in innovative technology related to longevity and distribution of new insurance products.

Listing Follows Completion of Business Combination with East Resources Acquisition Company