Abacus Sells $50 Million of Securitized Life Insurance Assets to Institutional Investors
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Abacus has sold $50 million of securitized life insurance assets to institutional investors. The company has also been involved in other recent activities, including a strategic alliance and potential investment in Manning & Napier. Additionally, Abacus has announced the development of a proprietary AI platform for lifespan-linked finance, but the relationship between these events and the asset sale is unclear.
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