DARIEN, Conn.--(BUSINESS WIRE)--Nassau Corporate Credit is pleased to announce that it has been named as a finalist in two separate categories for this year's Creditflux Manager Awards, "Best US CLO Manager" and "Best New US CLO" for Nassau 2019-II. Creditflux will announce the awards via a virtual event on July 15, 2020.
The “Best US CLO Manager” is awarded by Creditflux (a London-based publisher of information about credit funds and CLOs) to a US CLO manager with five or more active CLOs. The “Best New US CLO” is awarded by Creditflux to a US CLO manager for a CLO that became effective and produced its first trustee report in 2019. Both awards are based on various performance metrics and data.
In 2019, Nassau Corporate Credit took the award for the “Best US Boutique CLO Manager,” one of several “new kids on the block” that dominated the awards last year.
About Nassau Corporate Credit
Led by Alex Jackson, Nassau Corporate Credit (NCC) was formed in 2017 as an affiliate of Nassau Financial Group and currently has approximately $3 billion in assets under management. It provides investment advisory services, acts as a collateral manager for collateralized loan obligations (CLOs) and, through its affiliate, Nassau Private Credit, invests in securities issued by CLOs managed by external parties. Nassau Corporate Credit is based in Darien, CT.
Nassau Financial Group, based in Hartford, CT, currently has combined assets of approximately $24.5 billion. Its business covers four segments: insurance, reinsurance, distribution and asset management.