Abacus Life announced a definitive agreement to acquire FCF Advisors, a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which has approximately $600M in assets under management, is firmly aligned with Abacus’ ongoing expansion of ABL Wealth and its suite of products. Transaction is subject to customary closing conditions. The transaction is expected to close in the fourth quarter of 2024.
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