Latest news

NEW YORK, June 25, 2024 – Nassau Global Credit (NGC) is pleased to announce that Nick Acquavito has joined the firm as Director of Business Development and Investor Relations. In this new role for NGC, Nick will build a marketing and investor relations function to support the growth of NGC’s existing and future credit investment strategies.

NGC was formed in 2023 by the combination of Angel Island Capital Management and Nassau Corporate Credit. The firm invests in the leveraged loan and high-yield bond markets across the U.S. and Europe, issuing CLOs, sponsoring private investment funds, and advising separately managed accounts.

HARTFORD, Conn., and NEW YORK, June 3, 2024 – 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, today announced they have signed a definitive agreement to enter into a strategic partnership.

As part of this strategic partnership, Nassau will receive 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 and acquisitions, and further strengthens its balance sheet. Nassau and Golub Capital also will enter into a long-term Investment Management Agreement that will provide Nassau’s insurance subsidiaries with access to Golub Capital’s middle market direct lending strategies, through tailored capital-efficient solutions.

Albany, N.Y., April 17, 2024 – Once again, 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 57 local companies on the list for 2024. Nassau’s Albany office participated and won the Top Workplaces designation last year and also in 2020.

HARTFORD, Conn., Feb. 22, 2024 — Nassau Financial Group (“Nassau”) announced today that it has closed on a $150 million revolving credit facility and a $100 million term loan credit facility, arranged by RBC Capital Markets. This new agreement includes a refinancing and upsizing of an existing revolving credit facility arranged by RBC Capital Markets in 2022 and a new term loan credit facility.

Both facilities will provide Nassau with additional financial flexibility to execute on growth plans across its insurance and asset management businesses.

After another great year in 2023, AM Best has revised the outlook to positive for Nassau’s Long-Term Issuer Credit Ratings. AM Best also affirmed Nassau’s Financial Strength Rating (FSR) at B++.

We’ve already hit the ground running in 2024 with the launch of our innovative new fixed indexed annuity, Nassau Income Accelerator. It’s just one way we are working harder to be your carrier of choice.