Abacus Global Management

What Abacus Global Management does

Abacus Global Management, Inc. is a publicly traded alternative asset manager (NYSE: ABX, formerly NASDAQ: ABL) founded in 2004 and headquartered in Orlando, Florida. The company operates through four integrated divisions: Abacus Life Solutions (life-settlement origination and servicing), Abacus Asset Group (alternative investment strategies including longevity income funds and asset-based finance), Abacus Intel (proprietary data, AI, and mortality verification technology), and Abacus Wealth Advisors (wealth management and advisory distribution). Its technology backbone includes the LifeARC™ AI-powered longevity planning platform, the MVerify® mortality verification solution (claimed 99% accuracy), AI-driven underwriting automation, and modern actuarial valuation models built on more than 20 years of proprietary mortality and medical data.

The company's revenue model combines recurring asset management fees on longevity-focused funds, transaction-based income from life-settlement policy acquisitions and servicing, and subscription-based technology services (mortality verification and death audit) sold to pension plans and institutional clients. In Q1 2026, Life Solutions generated $50.6 million of the company's $59.4 million in total revenue, with full-year 2025 revenue of approximately $235 million and FY2026 adjusted net income guidance of $100-106 million (17-24% growth). Customer segments span individual policyholders seeking liquidity from unwanted policies, institutional investors (pension funds, endowments, family offices) seeking uncorrelated longevity-based returns, and wealth management firms receiving distribution and lead-generation support through strategic alliances — most notably the Manning & Napier partnership enabling ~10,000 customer leads per month.

Recent strategic activity has shifted the company from a life-settlement specialist toward a diversified alternative asset manager: the $200 million Carlisle Management acquisition added approximately $2 billion in AUM and a Luxembourg footprint; a $53 million minority stake in Manning & Napier anchored wealth-advisory distribution; and the January 2026 launch of an asset-based finance strategy extends into the $20 trillion-plus asset-based finance market with 11-13% return targets. The platform spans approximately $3.6 billion in AUM, 6 global offices, operations in 30+ countries, and a face value of $10 billion-plus in life insurance policies purchased since inception.

Name

Abacus Global Management

Legal name

Abacus Global Management, Inc.

Website

https://abacusgm.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

Abacus Global Management (NYSE: ABX) is a publicly traded alternative asset manager operating four divisions — life settlements, longevity-focused asset management, proprietary mortality data and AI technology, and wealth advisory — serving institutional investors, wealth management firms, and individual policyholders with approximately $3.6 billion in AUM.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

ESG/Sustainable Investment Advisory (FSAEAAAJ)

akta.pro secondary industry

Insurance General Accounts (Institutional Asset Owners) (FSAAAGAG)

Keywords

• Alternative asset management
• Life settlement services
• Longevity investment products
• Wealth management advisory
• Mortality data analytics

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Asset Management Fees: Fees earned from managing longevity-focused alternative investment funds, including the Longevity Income Funds which have grown to approximately $1 billion AUM. Includes management fees, performance fees, and fund administration.
2. Life Solutions: Revenue from life settlement transactions including policy acquisitions, sales, and servicing. Q1 2026 Life Solutions segment generated $50.6 million. Includes origination capital deployment and realized gains on policy portfolios.
3. Technology Services: Fees for mortality verification services (MVerify®), death audit services, and location/beneficiary research provided to institutional clients including pension plans and insurance companies.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Abacus Global Management is a publicly traded alternative asset manager operating through four integrated divisions: Abacus Life Solutions (life settlement services converting unwanted life insurance policies into liquid assets paying 6–8x surrender value), Abacus Asset Group (alternative investment strategies including longevity income funds approaching $1 billion AUM and asset-based finance), Abacus Intel (proprietary mortality data and AI-powered analytics including the LifeARC™ longevity planning platform and MVerify® mortality verification service), and Abacus Wealth Advisors (longevity-adjusted wealth management for individual investors). The vertically integrated platform manages approximately $3.6 billion in assets and spans policy origination, asset management, and wealth advisory services across more than 30 countries.

Product overview

Abacus Global Management is a diversified alternative asset manager operating through four integrated business divisions: Abacus Life Solutions (life settlement services transforming life insurance into high-performing assets), Abacus Asset Group (alternative investment strategies including longevity funds and asset-based finance), Abacus Intel (proprietary data and technology including mortality verification and AI-powered longevity analytics), and Abacus Wealth Advisors (wealth management focused on longevity-adjusted financial planning). The company's flagship technology platform, LifeARC™, leverages over 20 years of mortality and medical data combined with AI to deliver personalized retirement planning insights. MVerify® provides institutional-grade mortality verification services. The integrated platform enables the company to offer vertically coordinated services from policy origination through asset management and wealth advisory.

Differentiator

Problem solved

Functional benefit

Brands

• LifeARC: AI-powered longevity planning platform that analyzes medical histories and lifespan data to help individuals with retirement planning
• MVerify
• LMA Income II Fund
• Asset-Based Finance Strategy

Products and services

• Abacus Life Solutions Life settlement services for individual policyholders, primarily seniors and retirees, seeking liquidity from unwanted or no-longer-needed life insurance policies. Acquired over 1,300 policies in record 2025 performance with nearly $180 million in realized gains; Q1 2026 segment revenue of $50.6 million.
• Abacus Asset Group Alternative asset management strategies for institutional investors including longevity income funds (AUM approaching $1 billion, nearly 4x year-over-year growth) and the asset-based finance strategy targeting the $20 trillion-plus asset-based finance market with 11–13% net risk-adjusted return target.
• Asset-Based Finance Strategy New investment strategy within Abacus Asset Group targeting the asset-based finance market for institutional investors, with a net risk-adjusted return target of 11–13% over a 3–5 year horizon.
• Abacus Intel Data-driven financial services technology division providing mortality verification, actuarial analytics, and proprietary longevity data platforms to internal lines of business and external institutional clients including pension plans and insurance companies.
• Abacus Wealth Advisors Wealth management and advisory services delivering market-leading investment strategies based on free cash flow and longevity assets for individual investors seeking longevity-adjusted financial planning.
• LifeARC™ AI-powered platform that analyzes medical histories and lifespan trends to help individuals understand how long they may be in retirement. Uses more than 20 years of mortality, medical, and lifespan data to deliver personalized insights in minutes.
• MVerify® Mortality verification service that identifies mortality events across the United States with 99% verified accuracy and 97% data coverage, delivering daily audit-ready data to pension administrators, financial institutions, and insurance companies to stop improper payments and maintain accurate records.
• Longevity Income Funds Longevity-focused alternative investment funds offered to institutional investors within Abacus Asset Group, providing uncorrelated returns based on life settlement assets; AUM approaching $1 billion with nearly 4x year-over-year growth.

Quantifiable outcome

• Life settlement payouts of 6-8x surrender value for policyholders
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Dynasty Investment BankminorImplementation/ SI/ Consulting Partner · 8 May 2026Dynasty Investment Bank advised Abacus Global Management on its minority investment in Manning & Napier. Dynasty is the #1 investment bank serving the independent RIA industry, marking its third anniversary with $162 billion in AUM from 15 transactions in 2025.
• Manning & NapiercoreStrategic or Co-development Partner · 12 March 2026Abacus acquired a $53 million minority equity stake in Manning & Napier alongside forming a strategic alliance. The partnership integrates Abacus's longevity-focused LifeARC platform into Manning & Napier's wealth advisory services. Bi-directional referrals include approximately 10,000 customer leads per month directed to Manning & Napier, while Manning & Napier will offer Abacus Asset Group investment products including ETFs and longevity funds. The transaction was expected to close in Q2 2026 subject to regulatory approvals.
• Carlisle Management Company SCAcoreStrategic or Co-development Partner · 18 July 2024Abacus Life acquired Carlisle Management, a Luxembourg-based investment manager in the life settlement space, for approximately $200 million. The acquisition added around $2 billion in assets under management and expanded Abacus's role as a global alternative asset manager. The transaction involved Carlisle sharing consideration in bonds and stock and was subject to regulatory approval.

Scale indicators10 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Coventry First: Coventry First is a major direct competitor in the secondary life insurance market, specializing in life settlement origination and acquisitions. It is the named defendant in Abacus's defamation lawsuit alleging a coordinated effort to undermine Abacus, underscoring their head-to-head competition for policy origination.
• Aether Life Settlements: Aether Life Settlements is a direct competitor providing life settlement brokerage and policy acquisition services to policyholders. Comparable to Abacus Life Solutions in offering liquidity for unwanted life insurance policies through the secondary market.
• Asurity Life Settlements: Asurity provides technology-enabled life insurance and life settlement solutions, operating in a similar niche with comparable service offerings. Their software-and-services model intersects with Abacus Intel's mortality verification and data analytics capabilities.

Broad incumbents

• Apollo Global Management: Apollo is a large diversified alternative asset manager with extensive insurance balance-sheet management through Athene. Comparable to Abacus Asset Group as a competing alternative manager pursuing insurance-linked and uncorrelated strategies at a much larger scale.
• KKR & Co. KKR is a global alternative asset manager with insurance asset management operations through Global Atlantic. Directly relevant as the former employer of Abacus's CIO Elena Plesco, and competes for the same institutional investor capital seeking uncorrelated, insurance-linked strategies.
• Blackstone Inc. Blackstone is the world's largest alternative asset manager with insurance solutions and a broad platform of alternative strategies including real assets and credit. Comparable to Abacus Asset Group's positioning as a multi-strategy alternatives platform seeking institutional capital.
• Brookfield Asset Management: Brookfield is a major alternative asset manager with significant insurance solutions through Brookfield Reinsurance. Directly comparable to Abacus's strategy of pairing insurance-linked origination with alternative asset management and longevity products.
• Reinsurance Group of America: RGA is one of the largest global life reinsurers with significant longevity risk management and asset management capabilities. Comparable to Abacus as a participant in the longevity and life insurance asset value chain, though at vastly greater scale and through a different delivery model.
• Munich Re: Munich Re is a global reinsurer with substantial life and health reinsurance and longevity solutions, including run-off management. Comparable to Abacus because life settlements effectively transfer mortality risk on individual policies in a similar way to reinsurance run-off portfolios.
• Ares Management: Ares is a large alternative asset manager with credit, insurance solutions, and direct lending strategies. Comparable to Abacus Asset Group as a scaled competitor in alternative fixed income and insurance-linked investment strategies targeted at institutional investors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/abacus_life
• Facebookfacebook.com/abacuslifeoptions
• LinkedInlinkedin.com/company/abacus-life-options

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries5 records

Funding overview

Funding rounds7 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abacus Global Management