Darien, CT, May 11, 2020 — Nassau Private Credit is pleased to announce that it has hired Vincent Chan, CFA. Vincent will serve as Portfolio Manager and will focus on investments in investment grade and non-investment grade CLO securities.
Vincent has 16 years of CLO and structured credit investment experience. He was most recently the Portfolio Manager for structured product investments and Managing Director at Assurant Investment Management, where he also was responsible for structuring in Assurant’s CLO management platform.
East Greenbush, NY, April 27, 2020 — Nassau has been awarded a Top Workplaces honor by The Times Union in Albany, NY.
The Times Union list is based solely on employee feedback gathered through a third-party survey administered by Energage, LLC. Employees in Nassau’s East Greenbush, NY office 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.
In this difficult time, our thoughts are with those who have been directly affected by COVID-19. Our immediate focus is on taking steps to keep our employees safe while continuing to provide the high quality service our customers expect. As always, we are here for you when you need us most.
Nassau has business resiliency and pandemic plans in place that provide the structure for us to keep our businesses going without interruption. We are closely monitoring this evolving outbreak and implementing aspects of our plans as warranted, including the ability of the Nassau team to work remotely. Further, we are prepared to meet the challenges of the rapidly changing global economy.
Hartford, CT, Dec. 2, 2019 – Saybrus Partners, LLC today announced that it has acquired Dedicated Distribution Partners, LLC (“DDP”) through an asset purchase agreement. The acquisition expands Saybrus Partners’ carrier platform and third-party annuity distribution reach, which already encompasses a broad range of banks and broker-dealers.
Formed in 2014 and based in Columbus, DDP is a nationwide distributor of fixed and fixed indexed annuities for Reliance Standard Life Insurance Company in the independent broker-dealer space. Similar to Saybrus Partners, DDP offers a high-touch wholesaling model, focused on communication, service and cultivating new opportunities, which differentiates the firm in a competitive space.
Hartford, CT, Oct. 17, 2019 — Nassau Financial Group, L.P. (“Nassau”) today announced that it has entered into a definitive agreement with The Independent Order of Foresters (“Foresters”) for Nassau Life Insurance Company (“NNY”) to acquire Foresters Financial Holding Company, Inc. and Foresters Life Insurance and Annuity Company (“FLIAC”) from Foresters. NNY and FLIAC are New York-domiciled life insurance companies.
The transaction is expected to close in the first quarter of 2020 and is subject to customary closing conditions, including regulatory approval by the New York State Department of Financial Services.