Golden Flag Advises Golub Capital on $200 Million Acquisition of Minority Interest in Nassau Financial Group

Golden Flag advised an investment vehicle of direct lender and credit asset manager Golub Capital in connection with its entry into a definitive purchase agreement to acquire a minority stake in Nassau Financial Group, L.P., an insurance, reinsurance and asset management provider. The deal was structured as a $200 million minority non-voting common equity investment, which will make Golub Nassau’s largest minority equityholder. The transaction will provide Nassau’s insurance subsidiaries with access to Golub’s direct lending strategies. The deal was announced June 3, 2024 and is expected to close during the second half of 2024 subject to customary closing conditions and regulatory approvals.

Read the transaction press release

The team was led by corporate partners Amanda Border, Rami Totari and Jack Yamin.