2024

Nassau Insurance adds Kathy Belfi to Board of Directors

HARTFORD, Conn., Aug. 6, 2024 – Nassau Financial Group (“Nassau”) today announced that Kathy Belfi has been appointed to the board of directors of Nassau’s insurance segment (“Nassau Insurance”).

“Kathy is a great addition to the Nassau Insurance board of directors,” said Phil Gass, Chairman and CEO of Nassau. “Kathy brings a wealth of knowledge and regulatory expertise from her many years as an insurance regulator at the Connecticut Insurance Department, having overseen some of the largest insurance companies across the country.”

“I am excited by this opportunity to be part of Nassau, which is one of the most dynamic companies that I got to know during my time at the Connecticut Insurance Department. I look forward to contributing to the continued growth and success of its insurance businesses,” Belfi said.

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Alice EricsonNassau Insurance adds Kathy Belfi to Board of Directors
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Nassau Global Credit Closes Two Collateralized Loan Obligations Totaling $830 Million

NEW YORK, July 2, 2024 – Nassau Global Credit (NGC) announced the closings of collateralized loan obligations (CLOs) in the U.S. and Europe totaling $830 million.

  • NGC 2024-I Ltd., which closed on June 13, 2024, is a $400 million CLO supported by a collateral pool primarily consisting of broadly syndicated senior secured loans.
  • Nassau Euro CLO IV DAC, which closed on June 28, 2024, is a €400 million CLO primarily consisting of broadly syndicated senior secured loans.
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Alice EricsonNassau Global Credit Closes Two Collateralized Loan Obligations Totaling $830 Million
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Nick Acquavito Joins Nassau Global Credit to Lead Business Development and Investor Relations

NEW YORK, June 25, 2024 – Nassau Global Credit (NGC) is pleased to announce that Nick Acquavito has joined the firm as Director of Business Development and Investor Relations. In this new role for NGC, Nick will build a marketing and investor relations function to support the growth of NGC’s existing and future credit investment strategies.

NGC was formed in 2023 by the combination of Angel Island Capital Management and Nassau Corporate Credit. The firm invests in the leveraged loan and high-yield bond markets across the U.S. and Europe, issuing CLOs, sponsoring private investment funds, and advising separately managed accounts.

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Alice EricsonNick Acquavito Joins Nassau Global Credit to Lead Business Development and Investor Relations
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Nassau Financial Group and Golub Capital Announce Strategic Partnership

HARTFORD, Conn., and NEW YORK, June 3, 2024 – Nassau Financial Group (“Nassau”), a leading provider of fixed annuities and asset management, and Golub Capital, a market-leading direct lender and experienced credit asset manager, today announced they have signed a definitive agreement to enter into a strategic partnership.

As part of this strategic partnership, Nassau will receive a $200 million minority non-voting common equity investment from Golub Capital. This investment provides capital to support Nassau’s growth strategy, including through organic growth and acquisitions, and further strengthens its balance sheet. Nassau and Golub Capital also will enter into a long-term Investment Management Agreement that will provide Nassau’s insurance subsidiaries with access to Golub Capital’s middle market direct lending strategies, through tailored capital-efficient solutions.

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Nassau Wins Albany Times Union 2024 Top Workplaces

Albany, N.Y., April 17, 2024 – Once again, Nassau has been named one of the Top Workplaces in the Albany Capital District, an annual list published in the Albany Times Union.

The award is based on employee feedback, and Nassau was among 57 local companies on the list for 2024. Nassau’s Albany office participated and won the Top Workplaces designation last year and also in 2020.

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Alice EricsonNassau Wins Albany Times Union 2024 Top Workplaces
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