Golden Gate commits $750 mln to Nassau Reinsurance platform
Nassau Reinsurance Group said Wednesday that it has received initial capital commitments of more than $750 million from Golden Gate Capital to form an insurance and reinsurance platform. Phillip Gass, the former Chairman of Fidelity & Guaranty Life, and Kostas Cheliotis, an ex-Director and Chairman of the Compensation Committee of FGL, are leading the platform and have both invested. Gass will serve as Chairman & CEO of the platform while Cheliotis will be EVP & Chief Operating Officer.
13 May 2015•5 mins read
