Skip to main content

Abacus Global Management

Closed (deSPAC)

Financials · alternative asset management and life settlements

What it is
Abacus is a leading vertically integrated alternative asset manager specializing in life insurance products
What it’s doing now
Merging with East Resources Acquisition Co (ERES) — closed (despac).
What you should know
The deal carries a $1M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Abacus is a leading vertically integrated alternative asset manager specializing in life insurance products. Since 2004, the Company has purchased life insurance policies from consumers seeking liquidity and has actively managed those policies over time (via trading, holding, and / or servic ing ). With over $2.9 billion in face value of policies purchased from 2019 through 2021 , Abacus has helped thousands of clients maximize the value of life insurance. Over the past 18 years, the Company has built an institutionalized origination and portfolio management process that is supported by a 59-person team, long-term relationships with 78 institutional partners and 30,000 financial advisors, and the ability to operate in 49 states. The Company has serviced approximately $950 million in policies and has managed assets for large asset managers and third-party investment funds. Abacus’ leadership team averages 20+ years of experience and have been innovators in the industry since its inception in the mid-90s. The Company is a proud member of the Life Insurance Settlements Association (LISA) and complies with HIPPA and privacy laws to maintain and protect confidentiality of financial, health, and medical information. Abacus is also proud to be a BBB Accredited Business with an A+ rating. abacuslife.com

Source: S-4/A, accession 0001140361-25-025903

What the company says about itself

Web research — not audited

Abacus Global Management, Inc. is a publicly traded alternative asset manager specializing in lifespan-based financial products and life insurance settlements. Listed on NYSE under ticker ABX, the company leverages proprietary longevity data and actuarial technology across four business divisions: Life Solutions, Intel, Asset Group, and Wealth Advisors. Founded in 2004, Abacus has purchased $10 billion in face value of policies and has approximately $3.6 billion in assets under management.

Markets:
Alternative asset management | Life insurance settlements | Wealth management | Financial services
Products:
Abacus Life Solutions | Abacus Intel | Abacus Asset Group | Abacus Wealth Advisors
What our web check found

[WEB-INTEL 2026-08-26] 11 finding(s) · revenue (web claim — NOT STORED) — FILING: no revenue figure on our filed record · WEB: ~$3.6 billion in assets under management [https://abacuslife.com] — filing stands; recorded, not resolved. · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Revenue grew 30% year-over-year to $73.0 million, and our longevity funds raised $544.2 million in the first half, surpassing our $500 million" [https://ir.abacusgm.com/news-events/press-releases/detail/195/abacus-global-management-inc-reports-second-quarter-2026-results] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company also raised $544 million for its longevity funds in the first half of 2026" [https://www.perplexity.ai/finance/ABX?comparing=ABX,JMXXF,NHY.OL,AIS.AX,RMS.AX,CHN.AX] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Raises Full-Year 2026. Guidance to $100–$106 Million, Up to 24% Increase Year-Over-Year; Gross AUM reached approximately $3.6 billion on $378" [https://ir.abacusgm.com/news-events/press-releases/detail/182/abacus-global-management-inc-reports-first-quarter-2026-results] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The company raised $544.2 million in new capital for its longevity funds in the first half of 2026, above its $500 million target" [https://simplywall.st/stocks/us/insurance/nyse-abx/abacus-global-management] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "has authorized a $100 million share repurchase program, commencing August 17, 2026" [https://www.businesswire.com/news/home/20260813733211/en/Abacus-Global-Management-Inc.-Announces-%24100-Million-Share-Repurchase-Program] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Totaling $18 Billion in AUM. Extends Series C Round" [https://www.linkedin.com/posts/abacusgm_abacus-global-management-announces-execution-activity-7437978313886814208-xtlY] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ERES shareholders voted to approve the business combination at a meeting held on June 29, 2023." [https://www.businesswire.com/news/home/20230703641965/en/East-Resources-Acquisition-Company-and-Abacus-Life-Announce-Completion-of-Business-Combination] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Acquisition Corporation announced a $618 million de-SPAC deal. The deal was approved by East Resources' shareholders and closed on July 3, 2023." [https://www.wolfpopper.com/cases-investigations/abacus-global-management-inc] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "ERES Shareholders Approved the Business Combination on June 29, 2023. Abacus Life to begin trading on Nasdaq on July 5, 2023 under ticker" [https://www.nasdaq.com/press-release/east-resources-acquisition-company-and-abacus-life-announce-completion-of-business] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Abacus expects to begin trading as a NYSE listed company on or about December 30, 2025" [https://www.linkedin.com/posts/abacusgm_abacus-global-management-announces-transfer-activity-7407777501730594816-ZO4p]

Source: https://abacusgm.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

Abacus Global Management is merging with East Resources Acquisition Co (ERES) currently marked Closed (deSPAC).

Headline equity value
Minimum cash to close$1M

Structure per SEC accession(s) 0001564590-22-030403. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is Abacus Global Management going public?

Abacus Global Management has an approved merger with the SPAC East Resources Acquisition Co (ERES). Deal status: Closed (deSPAC).

Does Abacus Global Management have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

Other financials deals