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Abacus Life Enters Final Stretch for Carlisle Acquisition

Eli GrantTuesday, Nov 26, 2024 9:55 am ET
1min read
Abacus Life, Inc. (NASDAQ: ABL), a leading global alternative asset manager, is poised to close a significant acquisition by December 2, 2024, following the receipt of regulatory non-objection from the Luxembourg Commission de Surveillance du Secteur Financier (CSSF). The acquisition target is Carlisle Management Company S.C.A. (Carlisle), a leading Luxembourg-based investment fund manager in the life settlement space. This strategic move represents a major milestone in Abacus' expansion as a global alternative asset manager, offering uncorrelated investment opportunities to institutional investors.

Carlisle's $2 billion in assets under management will be integrated into Abacus' ABL Wealth division, providing clients access to an uncorrelated, high-returning asset class of insurance products. Carlisle's strong track record and expertise in transparent transactions and risk management further enhance Abacus' global footprint and investment offerings.

The acquisition aligns perfectly with Abacus' commitment to client-centric solutions and long-term growth. Carlisle's geographically diverse client base will accelerate Abacus' drive towards becoming a global financial player, offering sophisticated investment solutions to a broader spectrum of investors.

With the acquisition, Abacus Life's total assets under management will increase to approximately $5 billion, solidifying its position as the largest global alternative asset manager focused on lifespan-based financial products. Carlisle's clients will benefit from Abacus' strengths in longevity and actuarial technology, while Abacus gains access to Carlisle's extensive industry experience and regulatory compliance expertise.

The integration of Carlisle's portfolio and management team promises significant synergies and cost savings, including improved risk management, reduced operational costs, and increased investment opportunities. The combined entity's diversified portfolio and geographic reach will enable Abacus Life to offer uncorrelated, high-returning investment products to clients, further cementing its position in the alternative asset management industry.

In conclusion, Abacus Life's acquisition of Carlisle Management Company S.C.A. is a strategic move that bolsters its investment offerings, expands its global footprint, and strengthens its position in the alternative asset management sector. With the receipt of regulatory non-objection, the stage is set for a successful completion of the acquisition by December 2, 2024.
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deejayv2
11/26
Holding ABL, betting on expansion strategy long-term.
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Really_Schruted_It
11/26
Carlisle's $2B AUM could boost Abacus' returns. 🚀
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KALVIN HARRYSON
11/26

Ever since I found this platform on Facebook that is been managed by  Catherine E. Russell it’s been very helpful in knowing how to be a better steward of crypto. This was a great trader that help a lot of people, in trading analysis.
Since Donald J Trump has approved crypto sales for investment, I've finally a lot of profits in my investment. Bitcoin now is $91k heading to $100k

By the help of  Catherine E. Russell. I've gotten my withdrawal successfully

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getintocollegern
11/26
Regulatory non-objection = smooth sailing. Let's ride.
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fluffnstuff1
11/26
Carlisle's expertise adds firepower to $ABL's actuarial arsenal. Who wouldn't want uncorrelated gains in these wild market swings?
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Fauster
11/26
Abacus Life dropping big bucks on Carlisle—smart play in the life settlements space. Regulatory thumbs up means smooth sailing to $5B AUM. 🚀 More diversification, less volatility—perfect for a long-haul strategy.
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zeren1ty
11/26
Life settlements = uncorrelated goldmines for savvy investors
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auradragon1
11/26
Carlisle expertise = actuarial tech + regulatory ace
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KALVIN HARRYSON
11/26

Ever since I found this platform on Facebook that is been managed by  Catherine E. Russell it’s been very helpful in knowing how to be a better steward of crypto. This was a great trader that help a lot of people, in trading analysis.
Since Donald J Trump has approved crypto sales for investment, I've finally a lot of profits in my investment. Bitcoin now is $91k heading to $100k

By the help of  Catherine E. Russell. I've gotten my withdrawal successfully

0
Reply
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zaneguers
11/26
Abacus' move: diversify like a boss, not like grandma.
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