ORLANDO, Fla., Aug. 07, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NYSE: ABX), a pioneering alternative asset manager specializing in longevity and actuarial technology, today announced a definitive agreement to acquire 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 has approximately $600 million in assets under management, is firmly aligned with Abacus’ ongoing expansion of Abacus Wealth Advisors and its suite of products.
Abacus Life Announces Agreement to Acquire FCF Advisors
Aug 7, 2024