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Announced

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Nassau Financial Group completed the acquisition of Angel Island Capital from Golden Gate Capital.

Synopsis

Nassau Financial Group, a growth focused and digitally enabled financial services company, completed the acquisition of Angel Island Capital, a specialty credit investment firm, from Golden Gate Capital, a San Francisco-based private equity investment firm. Financial terms were not disclosed. "This transaction significantly strengthens Nassau’s financial profile, adding an incremental $300m in capital and third-party fee earning AUM, in support of our growth plans. AIC has established itself as a differentiated credit manager with a strong performance track record and talented team. We are excited to welcome the AIC team to the Nassau family and appreciate Golden Gate Capital’s continued support and long-term commitment to expanding the Nassau platform," Phil Gass, Nassau Chairman and CEO.

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