HARTFORD, Conn., July 7, 2025 — The Nassau Companies of New York announced today that it has commenced a private offering (the “Offering”) of $400 million aggregate principal amount of its senior notes due 2030 (the “2030 Notes”), subject to market and other conditions.
The Nassau Companies of New York intends to use the net proceeds from the offering for general corporate purposes and to repay in full all outstanding amounts under the existing term loan credit facility.
HARTFORD, Conn., May 29, 2025 – Nassau Financial Group (“Nassau”) today announced that it has named Joe Orofino as its new Chief Investment Officer, effective July 1, 2025.
Orofino currently serves as Nassau’s Deputy Chief Investment Officer and was previously the Head of Fixed Income. As Chief Investment Officer, he will report to Phil Gass, Chairman and CEO of Nassau. Orofino will succeed David Czerniecki.
“Since joining Nassau in 2022, Joe has made a significant impact across the company, including his oversight of our insurance portfolios. As we continue to accelerate our growth plans, I am excited for Joe’s added responsibilities as our next Chief Investment Officer,” Gass said. “I want to thank David for his commitment to building our asset management business over the last six years.”
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 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.
Nassau News