Abacus life completes acquisition of fcf advisors

Orlando, fla., dec. 02, 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, 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.
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