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.
DARIEN, Conn., Aug. 13, 2020 – Nassau Corporate Credit (NCC) is pleased to announce that it won “Best New US CLO” for Nassau 2019-II at the 2020 Creditflux Manager Awards* and was a finalist for “Best US CLO Manager” and “Creditflux Manager of the Year.” The honors follow the “Best US Boutique CLO Manager” award NCC received from Creditflux last year.
BELLEVUE, Wash. & HARTFORD, Conn. — Symetra Life Insurance Company today announced a partnership with the Nassau Re/Imagine insurtech incubator based in Hartford, Connecticut, that will tap the creative and developmental opportunities in the region’s deep insurance industry talent pipeline. The program currently supports 19 startups focused on solving critical problems for the life, annuity, reinsurance, and property & casualty sectors.
Nassau News