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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.

Hartford, Conn., Jan. 16, 2024 – Nassau Financial Group (“Nassau”) today introduced a new, innovative fixed indexed annuity (“FIA”) to its product portfolio, Nassau Income Accelerator. Nassau’s latest offering is a single premium fixed indexed annuity with flexible guaranteed lifetime income options that help retirees delay, and therefore increase, their Social Security and other retirement benefits.

“For retirees faced with the tough decision of when to start their Social Security payments, Nassau makes it easier with our latest innovative annuity product, Nassau Income Accelerator,” said Phil Gass, Chairman and CEO of Nassau. “Our goal in developing this product was to offer much more flexibility that would allow individuals to optimize all their retirement income sources.”

HARTFORD, Conn., Sept. 20, 2023 – Nassau has been named one of the 2023 Top Workplaces in Greater Hartford, an annual list published by the Hartford Courant. Nassau is one of 59 local companies to earn this recognition and ranked 8th in the midsize employer category.

The Hartford Courant list is based solely on employee feedback gathered through a third-party survey administered by Energage. Employees in Nassau’s Hartford headquarters participated in the survey.

Top Workplaces rankings are conducted in metro regions across the country and include employers with at least 50 local employees. Nassau was also part of Albany’s 2023 Top Workplaces list, published last April.

HARTFORD, Conn., and NEW YORK, September 5, 2023 – Nassau Financial Group, L.P. (“Nassau”), a leading provider of fixed annuities and asset management, and Fortress Investment Group LLC (“Fortress”), a global investment management firm, today announced they have entered into a strategic partnership. This strategic partnership marks a significant milestone for both organizations and opens new avenues for growth and close collaboration. The transaction closed on September 1, 2023, after receiving regulatory approvals.

As part of this strategic partnership, Nassau received a $130 million minority non-voting common equity investment from Fortress. This investment will provide additional primary capital to both further strengthen Nassau’s balance sheet and accelerate the firm’s growth strategy, including organic growth and acquisitions. Nassau entered into a long-term Investment Management Agreement (“IMA”) with Fortress, whereby Nassau’s insurance subsidiaries will have full access to Fortress’ credit investment strategies. Nassau intends to begin investing alongside Fortress credit funds targeting direct lending and ABS investing opportunities.