10:30 AM EDT, 05/27/2026 (MT Newswires) -- Abacus Global Management ( ABX ) and Manning & Napier said Wednesday they have entered a strategic alliance agreement and announced the closing of Abacus's minority equity investment of about $53 million in Manning & Napier.

The companies said the partnership aims to create value in three core areas, including lead generation and referrals, product development and distribution, and joint client solutions.

The agreement allows both companies to collaborate more closely by combining Abacus's longevity data and actuarial expertise with Manning & Napier's investment management and financial planning capabilities, the companies added.

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