Alice Ericson

NEW YORK, May 6, 2025 – Nassau Global Credit (NGC) announced the closings of collateralized loan obligations (CLOs) in the U.S. and Europe totaling $868 million.

• NGC CLO 2 Ltd., which closed on April 17, 2025, is a $409 million CLO supported by a collateral pool consisting primarily of broadly syndicated senior secured loans.
• NGC Euro CLO 5 DAC, which closed on May 2, 2025, is a €406 million CLO supported by a collateral pool consisting primarily of European broadly syndicated senior secured loans.

NGC was launched in 2023 through the combination of Angel Island Capital Management and Nassau Corporate Credit. Since 2017, the firm has issued 11 U.S. dollar-denominated CLOs, five Euro-denominated CLOs, and one opportunistic credit CLO.

Hartford, Conn., April 21, 2025 – Nassau Financial Group (“Nassau”), a leader in Connecticut’s Insurtech community, today announced it is expanding its Nassau Reimagine program to support early and mid-stage startups with a new $10 million capital commitment. The program will target companies in Insurtech, Fintech, Retiretech, and other related sectors in Nassau’s primary business locations, including Connecticut and New York.

“We are excited to expand our Nassau Reimagine program with additional capital and resource support. Our program has supported over 100 startups in our communities since its inception in 2019, as a first-of-its-kind among Hartford-based insurance companies. Through this added commitment, we look forward to enabling technological innovation for the insurance industry with new companies in our communities,” said Phil Gass, Chairman and CEO of Nassau.

Albany, N.Y., April 14, 2025 – For the third straight year, 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 49 local companies on the list for 2025. Nassau’s Albany office previously won the Top Workplaces designation in 2020, 2023 and 2024.

Top Workplaces rankings are conducted in metro regions across the country and include employers with at least 50 local employees. Nassau also has been named one of the Top Workplaces in Greater Hartford, published in the Hartford Courant, for the past several years.

HARTFORD, Conn., and NEW YORK, January 7, 2025 – 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, have closed on their previously announced strategic partnership after satisfaction of closing conditions.

At closing, Nassau received 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, acquisitions and strengthening its balance sheet. Nassau and Golub Capital also entered into a long-term Investment Management Agreement that will provide Nassau’s insurance subsidiaries with access to Golub Capital’s premium middle market direct lending strategies, through tailored capital-efficient solutions.

Kroll Bond Rating Agency (KBRA) has upgraded the insurance financial strength ratings for Nassau’s insurance companies to BBB+ and assigned a positive outlook.

In its commentary on this upgrade, KBRA noted that Nassau’s ratings “reflect its multi-year transformation that has positioned the company to successfully execute its strategy.”

Read KBRA’s press release here.