Nassau Financial Forms $8.4B Specialty Credit Arm

July 25, 2023 by Allison Bell

Nassau Financial Group — a company that’s been active in the U.S. annuity market — is taking a higher-profile approach to investing in bonds and loans.

The Hartford, Connecticut-based company announced earlier this week that it has combined its own credit investment unit with a newly acquired firm, Angel Island Capital Management, to start Nassau Global Credit, a specialty credit firm with $8.4 billion in assets under management.

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Originally Posted at ThinkAdvisor on July 19, 2023 by Allison Bell.