Corey McLaren Joins Abacus Life (ABL) as Managing Director, Capital Markets
16 September 2024 - 10:15PM
Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a
leading global alternative asset manager focused on lifespan-based
financial products, today announced that Corey McLaren has joined
Abacus as Managing Director, Capital Markets.
Based in Boston, Mr. McLaren has almost two
decades of experience in financial services, including over
fifteen years of business development and management experience
directly related to life settlements. Mr. McLaren most recently
held the position of Director, Alternative Strategies at Spearhead
Capital, where he was responsible for managing the daily operations
of Spearhead's life settlement investment fund. Prior to Spearhead,
Mr. McLaren was a Director for Cambridge-based hedge fund FDO
Partners where he helped launch, and source policies for, the
firm's three life settlement investment funds.
“Corey brings a wealth of experience in the
industry,” said Jay Jackson, CEO of Abacus Life. “His expertise
will be instrumental in driving our strategic vision forward. We
are excited to have him as a part of the ABL team.”
“With a proven track record and an ambitious
long-term growth strategy, Abacus is well-positioned for future
success,” said Mr. McLaren. “I am thrilled to be a part of it.”
About Abacus
Abacus is a leading global alternative asset
manager and market maker, specializing in use of advanced longevity
and actuarial technology to purchase life insurance policies from
consumers seeking liquidity while creating a high-returning asset
class of insurance products, uncorrelated to market fluctuations,
for institutional investors.
With more than $2 billion in assets under
management, Abacus is the only publicly traded global alternative
asset manager focused on lifespan-based financial products traded
on the Nasdaq exchange.
Abacus has invested in two new verticals: ABL
Wealth, which provides longevity-based wealth management services
and investment offerings, and ABL Tech, which offers
ground-breaking technology services for pension funds, governments,
insurance companies, retirement associations and more that provides
advanced real-time data tracking and analysis. With each new
channel, we are revolutionizing the future of life insurance.
www.abacuslife.com
Contact:
Abacus Life Investor Relationsinvestors@abacuslife.com
Abacus Life Public Relationspress@abacuslife.com
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