Nassau Financial Group announced today that its revolving credit facility, arranged by RBC Capital Markets, has been increased to $120 million after the original $100 million target for the facility was oversubscribed. The facility will provide Nassau with additional financial flexibility as the company continues to execute on growth plans across its insurance and asset management businesses.
About Nassau Financial Group
Based in Hartford, CT, Nassau Financial Group is a growth focused and digitally enabled financial services company with three distinct and closely connected businesses: insurance, asset management and reinsurance. Nassau was founded in 2015 and has grown to $1.2 billion in total adjusted capital and $18.1 billion in assets under management. For more information, visit www.nfg.com.