Announced
Completed
Financials
Tags
reinsurance
Life Insurance
Domestic
Minority
Completed
Single Bidder
United States
Acquisition
Private
Private Equity
Friendly
Synopsis
Fortress Investment, an investment management firm, completed a $130m investment in Nassau Financial, a provider of fixed annuities and asset management. “We are thrilled to partner with Fortress to support the next phase of growth. In addition to Fortress’ significant equity investment, they bring extensive experience and an impressive investment track record across multiple credit investment strategies that fit well with our investment portfolio. Through this strategic partnership, Nassau will benefit from new investment capabilities, improving our competitive position as we continue capitalizing on attractive growth opportunities and creating value for all our stakeholders," Phil Gass, Nassau Chairman and CEO.
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