Abacus Global Management has completed its acquisition of a minority stake in Manning & Napier for $52.9 million. The deal, which was announced on 12 March 2026 and closed on 27 May 2026, forms part of a strategic alliance between the two firms. Dynasty Financial Partners served as financial adviser to Abacus, with Latham & Watkins providing legal counsel. Berkshire Global Advisors and Morgan, Lewis & Bockius advised Manning & Napier on the transaction. The acquisition required customary regulatory approvals before completion. The exact size of the minority stake was not disclosed.

Abacus Global Management has made a $53 million strategic investment in Manning & Napier, a 50-year-old asset management firm with $18 billion in assets and over 3,400 retail accounts. CEO Jay Jackson said the partnership strengthens Abacus's growth strategy by creating synergies between the companies. Manning & Napier will provide a direct pipeline into Abacus's life solutions division, which acquires and manages life insurance policies. In return, Abacus can refer clients seeking financial guidance to Manning & Napier, whilst Manning & Napier can offer its clients Abacus's alternative investment funds. Jackson emphasised the importance of partnering with a firm sharing similar values and client-first principles. The deal is additive to Abacus's existing business model rather than a pivot, and could serve as a template for future partnerships.

Abacus Global Management has agreed to acquire a $53 million minority stake in wealth and asset manager Manning & Napier, which oversees $18 billion in assets for approximately 3,400 clients. The transaction is expected to close in the second quarter of 2026. The deal includes a strategic alliance enabling Manning & Napier to distribute Abacus Asset Group products, including ETFs and longevity funds, to its clients. Abacus will refer some of the 10,000 monthly customer leads from its Life Solutions platform to Manning & Napier's advisory services. The companies will jointly develop lifespan-based financial planning products combining Abacus's LifeARC longevity data platform with Manning & Napier's planning infrastructure. Manning & Napier will maintain independent operations. Abacus reported 2025 revenue rose 110% year-over-year to $235.2 million.