Abacus Life Targets Close of the Acquisition of Carlisle Management Company S.C.A. for December 2, 2024 with Receipt of Regulatory Non-Objection
Abacus Life, Inc. - Class A (ABL)
Company Research
Source: GlobeNewswire
ORLANDO, Fla., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, announced it has received regulatory non-objection from the Luxembourg Commission de Surveillance du Secteur Financier (“CSSF”) for the acquisition of Carlisle Management Company S.C.A. (“Carlisle”), a leading Luxembourg-based investment fund manager in the life settlement space. “We are thrilled to be able to move forward with the closing of the Carlisle acquisition by the end of the fourth quarter, as we have previously communicated,” said Abacus Life CEO Jay Jackson. “Carlisle will add approximately $2.0 billion in assets under management to our ABL Wealth division, and its clients will be able to take full advantage of access to our uncorrelated, high-returning asset class of insurance products. We expect Carlis
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ABL
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- 11/7/24 - Beat
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- 10/24/24 - Northland Securities
ABL
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- 12/18/24 - Form 4
- 12/16/24 - Form 8-K
- 12/16/24 - Form 4
- ABL's page on the SEC website