Abacus Life to acquire Carlisle Management for $200m.

Abacus Life, a buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, agreed to acquire Carlisle Management, an investment manager in the life settlement space, for $200m. “The acquisition of Carlisle is a strategic move aligned perfectly with our commitment to client-centric solutions and our continued growth as a global alternative asset manager. Carlisle has the strongest and most enduring track record as a fund manager within the life settlement industry, and its geographically diverse client base will further accelerate our drive towards becoming a global financial player,” Jay Jackson, Abacus Life CEO.