Nassau Financial Group and Golub Capital close minority equity investment

Written by Adam Cadle

10/01/2025

Insurance and financial services group, Nassau Financial Group, and Golub Capital, a credit asset manager, have closed their strategic partnership, with the former receiving a $200m minority non-voting common equity investment from the latter.

This investment provides capital to support Nassau’s growth strategy, including through organic growth, acquisitions and strengthening its balance sheet.

Nassau and Golub Capital also entered into a long-term investment management agreement that will provide Nassau’s insurance subsidiaries with access to Golub Capital’s premium middle market direct lending strategies, through tailored capital-efficient solutions.

Golub Capital is now the largest minority equity holder in Nassau, following investments from Fortress Investment Group in 2023 and Wilton Reassurance Company and Stone Point Credit in 2021. Nassau was founded with an initial capital commitment along with subsequent growth capital provided by Golden Gate Capital, which remains Nassau’s majority controlling equity holder.

Related Articles