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.”
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.
Hartford, CT, Sept. 25, 2020 — Nassau has been named a Top Workplace in Greater Hartford, an annual list published by the Hartford Courant. Nassau is one of 48 local companies to win the award for 2020 and ranked 10th in the midsize employer category.
The Hartford Courant list is based solely on employee feedback gathered through a third-party survey administered by Energage, LLC. Employees in Nassau’s Hartford headquarters participated in the survey, which measures 15 drivers of engaged cultures that are critical to the success of any organization: including alignment, execution and connection.
Top Workplace rankings are conducted in metro regions across the country and include employers with at least 50 local employees. Nassau’s Albany office was named a Top Workplace in Albany in April.
LONDON, 9 September 2020 – Nassau Corporate Credit LLC (“NCC”), a U.S.-based specialty investment manager with approximately $3.1 billion in assets under management, today announced it is establishing an investment management business in London that will focus on the bank loan and collateralized loan obligation (CLO) markets in Europe, subject to regulatory approval.
Formed in 2017, NCC invests in corporate credit and serves as an issuer and collateral manager for CLOs, and through its affiliate, Nassau Private Credit LLC (“NPC”), invests in securities issued by CLOs managed by external parties. NCC’s London business will apply the company’s successful U.S. strategy in Europe, enabling NCC to geographically diversify and globalize its approach in new markets. NCC’s London business will be uniquely positioned to meet growing demand for robust, long-term investment opportunities with low correlation to the U.S. credit markets.
Hartford, CT, Aug. 27, 2020 – Nassau Financial Group (“Nassau”) is pleased to announce that Michael Tamasco has joined Nassau’s asset management business (“Nassau Asset Management”) to oversee global business development, enhance client engagement and champion expansion of the firm’s third-party asset management platform.
Prior to joining Nassau, Mr. Tamasco was Managing Director at Seix Advisors, a CLO and fixed income investment firm. Earlier, he served as Co-Head of Rothschild Asset Management Inc. and Global Co-Head of Distribution for the Rothschild Group’s traditional and alternative investment affiliates located in the US, UK, France and Switzerland. He began his asset management career with Lazard Asset Management after gaining experience as a proprietary fixed-income trader.