Nassau Financial Group closes on $250M credit facilities
HBJ Photo | Matt Pilon
Nassau Financial Group is headquartered at Hartford's Boat Building, 1 American Row.
Nassau Financial Group has closed on a $150 million revolving credit facility and a $100 million term loan credit facility, the Hartford-based financial services company announced Thursday.
The agreement includes a refinancing and upsizing of an existing revolving credit facility, and a new term loan credit facility.
Nassau Financial’s headquarters is in downtown Hartford’s 13-story Boat Building.
In September 2023, it was announced that Fortress Investment Group, a global investment management firm, made a $130 million equity investment in Nassau Financial to strengthen Nassau’s balance sheet and accelerate the firm’s growth strategy, including organic growth and acquisitions.
Nassau, founded in 2015, has $23.3 billion in assets under management and $1.5 billion in total adjusted capital.
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