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Abacus Life, Inc. - Class A Common Stock (ABL)

7.7900
-0.1000 (-1.27%)

Abacus Life, Inc. is a financial services company that specializes in the acquisition and management of life insurance policies

The company focuses on providing liquidity solutions for policyholders through life settlements, where individuals can sell their life insurance policies for a lump sum payment. Abacus Life aims to transform the life insurance marketplace by offering consumers alternative financing options while also investing in life insurance assets to generate returns for its investors. Through its innovative approach, the company seeks to create value by unlocking the potential of life insurance as an asset class.

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Abacus Life Closes $150 Million Debt Financing Facility to Support Continued Growth
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.
By Abacus Life Settlements · Via GlobeNewswire · December 10, 2024
Abacus Life Completes Acquisition of FCF Advisors
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.
By Abacus Life Settlements · Via GlobeNewswire · December 2, 2024
Abacus Life Completes Acquisition of Carlisle Management Company S.C.A.
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.
By Abacus Life Settlements · Via GlobeNewswire · December 2, 2024
ABL Tech, a subsidiary of Abacus Life, Announces a Preferred Equity Investment in Insured Connect
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.
By Abacus Life Settlements · Via GlobeNewswire · November 27, 2024
Glancy Prongay & Murray LLP Announces Investigation of Abacus Life, Inc. (ABL)
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Abacus Life, Inc. (Nasdaq: ABL) concerning the Company and its directors’ and officers’ possible violations of state laws.
By Glancy Prongay & Murray LLP · Via Business Wire · March 5, 2024
Glancy Prongay & Murray LLP Announces Investigation of Abacus Life, Inc. (ABL)
Glancy Prongay & Murray LLP (“GPM”) announces its investigation of Abacus Life, Inc. (Nasdaq: ABL) concerning the Company and its directors’ and officers’ possible violations of state laws.
By Glancy Prongay & Murray LLP · Via Business Wire · February 16, 2024