Alice Ericson

The Nassau Companies of New York Announces Cash Tender Offers to Purchase Notes due 2032 and 2034

HARTFORD, Conn.—The Nassau Companies of New York (the “Company”) announced today the commencement of cash tender offers (the “Tender Offers”) for (i) up to an aggregate principal amount of its 7.45% Quarterly Interest Bonds due 2032 and (ii) up to an aggregate principal amount of the 7.15% Surplus Notes due 2034 issued by Nassau Life Insurance Company, a wholly-owned subsidiary of the Company (collectively, the “Notes”), such that the aggregate consideration paid by the Company in respect of each series does not exceed the designated “Maximum Series Tender Cap” as set forth in the table below.

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Alice EricsonThe Nassau Companies of New York Announces Cash Tender Offers to Purchase Notes due 2032 and 2034
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Nassau Partners with USAT Long Course Nationals 2022

Nassau is proud to sponsor the USAT Long Course Nationals hosted by the TOUGHMAN Triathlon as the event’s swim partner. Taking place on September 24-25, 2022, at the scenic location of Lake Welch in Harriman State Park, Stony Point NY, the event will include a half iron triathlon, half iron duathlon and half iron aquabike. A sprint triathlon, Olympic triathlon and aquabike, as well as the 14th annual TOUGHKids triathlon also will take place on race weekend.

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Alice EricsonNassau Partners with USAT Long Course Nationals 2022
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Balance Point Capital Partners Announces Strategic Minority Investment from Nassau Financial Group

Westport, Conn., November 4, 2021 – Balance Point Capital Advisors (“Balance Point”), the manager of Balance Point Capital Partners, a leading provider of debt and equity capital solutions to lower middle market companies, today announced it has received a strategic investment from Nassau Financial Group (“Nassau“), a Hartford, CT-based financial services company with assets of more than $27 billion. Nassau’s investment will take the form of a non-controlling minority interest in Balance Point. Balance Point will continue to operate on a stand-alone basis under its present executive leadership. Financial terms of this transaction were not disclosed.

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Alice EricsonBalance Point Capital Partners Announces Strategic Minority Investment from Nassau Financial Group
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AmeriLife To Acquire Saybrus Partners from Nassau Financial Group

Clearwater, Fla. and Hartford, Conn. – July 27, 2021 – AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, has entered into an agreement to acquire Saybrus Partners, LLC (“Saybrus”), a life insurance and annuity distribution company, from Nassau Financial Group (“Nassau”).

“As longtime partners with Nassau Financial Group, we’ve witnessed firsthand Saybrus Partners’ track record of success as a leading distributor of life and annuity products,” said Scott R. Perry, chairman and CEO of AmeriLife. “Today’s announcement is a significant milestone in our relationship, and we’re thrilled to welcome the Saybrus team to the AmeriLife family. We look forward to extending and strengthening our industry-leading life and annuities offerings together.”

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Alice EricsonAmeriLife To Acquire Saybrus Partners from Nassau Financial Group
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Nassau Financial Group Announces $100 Million Strategic Investment from Wilton Re and Stone Point Credit

Hartford, CT, Jan. 11, 2021 – Nassau Financial Group (“Nassau”) announced it has received an initial strategic investment of $100 million from Wilton Reassurance Company (“Wilton Re”) and Stone Point Credit (“Stone Point”). The strategic investment was made through the issuance of a new series of non-cumulative perpetual preferred equity and may be significantly increased as Nassau’s business grows.

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Alice EricsonNassau Financial Group Announces $100 Million Strategic Investment from Wilton Re and Stone Point Credit
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