Abacus sells $50 million in securitized llfe assets

Abacus Global Management has completed the sale of $50 million in securitized life insurance assets to institutional investors.

The deal, structured as an above investment-grade rated collateralized note, gives banks and insurers exposure to life insurance assets through a rated, uncorrelated vehicle offering mid-single-digit yields. The transaction reflects growing institutional demand for longevity-based investments that diversify away from traditional market risk while avoiding direct ownership of individual life settlement assets.

Abacus, listed on NASDAQ under ABL, specializes in alternative asset management with a focus on longevity-based assets and data-driven financial solutions.