MoFo Advises Sagard and Värde Partners on $150 Million Debt Financing Facility to Abacus Life

Morrison Foerster represented Sagard and Värde Partners in a $150 million debt financing facility to Abacus Life, Inc. (NASDAQ: ABL), a global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities.

Sagard is a global multi-strategy alternative asset management firm with US$25B under management, 150 portfolio companies, and 350 professionals. They invest in venture capital, private equity, private credit, and real estate. Sagard delivers flexible capital, an entrepreneurial culture, and a global network of investors, commercial partners, advisors, and value-creation experts.

Värde Partners is a leading global investment firm specializing in credit and credit-related assets. Founded in 1993, the firm has invested more than $100 billion across the credit quality and liquidity spectrum and currently manages $17 billion in assets. Värde invests across private and public markets with a focus on real estate, asset-based finance and corporate credit. 

The MoFo team advising Sagard and Värde Partners was led by New York finance partner Tammy Davies, with assistance from finance associates Sabreena Khalid and Nicole Hammons. 

Read the press release.