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Nassau Financial Group receives $200M minority investment from Golub Capital for growth strategy

Jun 03, 2024over 1 year ago

Amount Raised

$200 Million

HartfordFinancial Services

Investors

Golub Capital

Description

Nassau Financial Group and Golub Capital have signed a definitive agreement for a $200 million minority non-voting common equity investment, providing capital to support Nassau’s growth strategy through organic growth and acquisitions, further strengthening its balance sheet, and providing access to Golub Capital’s middle market direct lending strategies.

Company Information

Company

Nassau Financial Group

Location

Hartford, Vermont, United States

About

Based in Hartford, Connecticut, Nassau Financial Group is a growth-focused financial services company with insurance and asset management businesses. A leading fixed annuity insurance carrier, Nassau provides comprehensive and customizable retirement solutions, delivered with advanced digital capabilities and industry-leading service. Nassau Asset Management oversees the assets of Nassau’s insurance companies and offers its specialty investment strategies to third-party clients. These strategies include public and private debt, CLO debt and equity, real estate debt and equity, and alternatives.

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