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.
Hartford, CT, Aug. 27, 2020 – Nassau Financial Group (“Nassau”) is pleased to announce that Michael Tamasco has joined Nassau’s asset management business (“Nassau Asset Management”) to oversee global business development, enhance client engagement and champion expansion of the firm’s third-party asset management platform.
Prior to joining Nassau, Mr. Tamasco was Managing Director at Seix Advisors, a CLO and fixed income investment firm. Earlier, he served as Co-Head of Rothschild Asset Management Inc. and Global Co-Head of Distribution for the Rothschild Group’s traditional and alternative investment affiliates located in the US, UK, France and Switzerland. He began his asset management career with Lazard Asset Management after gaining experience as a proprietary fixed-income trader.
Darien, CT, 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.
Is the future of insurance digital? Reader’s Digest looked at 14 things that could stay virtual forever, from buying a home to going to the gym.
Paul Tyler, Nassau’s Chief Marketing Officer, gave his take on the pandemic’s impact on our industry and the future of virtual insurance sales. “The pandemic has guaranteed that our app culture is here to stay—even for more complicated products like annuities and life insurance. People now expect their insurance companies and agents to meet them on their terms—now on a small screen any time they want.”
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.