ABX News & Events

Abacus Global and Manning & Napier announced the entrance into a strategic alliance agreement and the closing of Abacus's minority equity investment in Manning & Napier. Abacus will join Callodine Group and East Asset Management as institutional investors in Manning & Napier. The strategic partnership is designed to create mutual value across three core dimensions: lead generation and referrals, product development & distribution, and joint client solutions. The SAA establishes a framework for strategic collaboration between Abacus's and Manning & Napier's respective platforms.

Abacus Global sees FY26 adjusted EPS $1.00-$1.05, consensus 98c

Reports Q1 revenue $59.4M, consensus $65.47M. Jay Jackson, CEO, commented, "This quarter, the results reflect both the execution of our platform and the moment this asset class is having. Gross AUM reached approximately $3.6B on $378M of gross capital inflows, longevity income fund AUM has grown nearly 4x year-over-year approaching $1B, and we deployed $163.6M in origination capital. At the same time, we returned 100% of investor capital in our LMA Income II Fund at term, on time, as promised, with two-thirds of those investors choosing to recommit or extend their investment. That is not a capital return event. That is a validation. Our assets are mortality-driven, structurally uncorrelated to credit and equity cycles, and in this macro environment, that distinction is driving institutional demand. We increased our 2026 guidance, and our strategic initiatives including our investment in Manning & Napier and a second securitization are advancing on schedule. Quarter after quarter, we do what we say we will do."