DARIEN, Conn.–(BUSINESS WIRE)–Nassau Private Credit is pleased to announce that it has hired Vincent Chan, CFA. Vincent will serve as Portfolio Manager and will focus on investments in investment grade and non-investment grade CLO securities.
Vincent has 16 years of CLO and structured credit investment experience. He was most recently the Portfolio Manager for structured product investments and Managing Director at Assurant Investment Management, where he also was responsible for structuring in Assurant’s CLO management platform. In a prior role, Vincent was responsible for managing investment strategies in CLO debt/equity and synthetic structured credit for Elliot Management Corp.
Vincent joined the team on May 11, 2020 and is based in Nassau Private Credit’s Darien, CT office.
Nassau Private Credit LLC (NPC) was formed in February 2019 to source and invest in equity and debt tranches of CLOs for third party institutional investors and NPC’s affiliates. Bruce Brittain and Russell Pemberton serve as NPC’s Managing Directors and Lead Portfolio Managers. NPC’s capabilities complement Nassau’s CLO management business, Nassau Corporate Credit LLC (NCC), which is led by Alex Jackson.
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.