• Strategic Partnership Brings Longevity Data, Actuarial Expertise, and Expanded Investment Capabilities to Manning & Napier Clients
  • Minority equity investment of ~$53 million from Abacus in Manning & Napier accelerates Abacus Wealth Advisors Platform with ~$18 Billion AUM

ORLANDO, Fla., May 27, 2026 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. ("Abacus") (NYSE:ABX), a leader in the alternative asset management industry, and Manning & Napier, Inc., ("Manning & Napier") a diversified wealth and asset management firm, today announced the entrance into a Strategic Alliance Agreement (the "SAA") 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, leveraging Abacus's proprietary longevity data and actuarial capabilities and reflecting Manning & Napier's commitment to delivering exceptional investment solutions and planning expertise to clients.