Abacus Life Enters Final Stretch for Carlisle Acquisition

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.