Abacus Life, Inc. announced the completion of its acquisition of Carlisle Management Company S.C.A. on December 2, 2024. Carlisle is a leading Luxembourg-based investment fund manager in the life settlement space, bringing over U.S. $2 billion in assets under management to Abacus Life. This transaction significantly expands Abacus Life's international footprint.
Jose Garcia, CEO of Carlisle, has joined the Abacus Life Executive Leadership Team as part of the acquisition. This integration is expected to enhance leadership and expertise within the ABL Wealth division. Carlisle's investors will now have full access to Abacus Life’s uncorrelated, high-returning asset class of insurance products.
The completion of the Carlisle acquisition is a key milestone in Abacus Life's strategy to drive long-term growth and diversify its value proposition through expanded global alternative asset-management offerings. It solidifies the company's position as a major player in the lifespan-based financial products market.
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