Abacus Global to Acquire Minority Stake in Manning & Napier for $53M
ByAinvest
Thursday, Mar 12, 2026 4:23 pm ET1min read
ABX--
Abacus Global Management (ABX) has agreed to acquire a $53M minority equity stake in Manning & Napier, a company that manages $18B in assets under management and serves around 3,400 clients. The two firms will establish a Strategic Alliance Agreement to expand their business offerings and strengthen their market presence. The deal is expected to boost ABX's assets under management and client base.
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