M&A
confidence high
sentiment positive
materiality 0.65
Abacus Life to acquire FCF Advisors, adding ~$600M in AUM
Abacus Global Management, Inc.
- Acquisition of FCF Advisors, a free cash flow-focused asset manager with ~$600M AUM.
- Expected to close in Q4 2024, subject to customary closing conditions.
- Deal aligns with Abacus's expansion of ABL Wealth lifespan-based financial services.
- No deal value disclosed; Abacus has over $2B total AUM.
- FCF offers 50+ customizable free cash flow index strategies and quantitative investment process.