other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 05/24/2024
Adviser Type - Large advisory firm
Number of Employees 6 100.00%
of those in investment advisory functions 5 66.67%
Registration SEC, Approved, 03/22/2019
AUM* 1,181,708,333 168.02%
of that, discretionary 369,821,512 42.03%
Private Fund GAV* 158,149,901 -39.26%
Avg Account Size 131,300,926 78.68%
SMA’s Yes
Private Funds 4 2
Contact Info (20 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Insurance companies

Advisory Activities

- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
260M 223M 186M 149M 112M 74M 37M
2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypePrivate Equity Fund Count4 GAV$158,149,901

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser SFE INVESTMENT COUNSEL INC. Hedge Fund- Liquidity Fund- Private Equity Fund1.9m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.9m AUM441.8m #Funds2
Adviser LANDON CAPITAL PARTNERS, LLC Hedge Fund- Liquidity Fund- Private Equity Fund300.4m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV300.4m AUM300.4m #Funds15
Adviser ATWATER CAPITAL, LLC Hedge Fund- Liquidity Fund- Private Equity Fund459.1m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV459.1m AUM459.1m #Funds15
Adviser ACHIEVE PARTNERS MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund412.6m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV412.6m AUM602.8m #Funds6
Adviser SF EQUITY PARTNERS MANAGEMENT, LLC Hedge Fund- Liquidity Fund- Private Equity Fund627.7m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV627.7m AUM616.7m #Funds7
Adviser CREST ROCK PARTNERS Hedge Fund- Liquidity Fund- Private Equity Fund406.8m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV406.8m AUM563.1m #Funds3
Adviser THE GORES GROUP, LLC Hedge Fund- Liquidity Fund- Private Equity Fund311.0m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV311.0m AUM311.0m #Funds4
Adviser ARETEX CAPITAL MANAGEMENT, LP Hedge Fund- Liquidity Fund- Private Equity Fund629.9m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV629.9m AUM629.9m #Funds2
Adviser GEN CAP AMERICA, INC. Hedge Fund- Liquidity Fund- Private Equity Fund445.8m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV445.8m AUM445.8m #Funds7
Adviser PERISCOPE EQUITY LLC Hedge Fund- Liquidity Fund- Private Equity Fund436.3m Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV436.3m AUM436.3m #Funds6

Brochure Summary

Overview

A. Firm Description Each of Nassau Private Credit LLC, a Delaware limited liability company (“NPC”), Nassau Private Credit GP LLC, a Delaware limited liability company (“NPCGP”) and NPC Credit Opportunities Fund GP, LLC (“NPCCOGP” and, together with NPC and NPCGP, the “Firm”), was founded in December 2018, and commenced operations in February 2019. The Firm has a principal place of business in Darien, Connecticut. Each of NPC, NPCGP and NPCCOGP is a subsidiary of Nassau NPC Holdings LLC, a Delaware limited liability company, which is itself a wholly-owned subsidiary of Nassau Asset Management LLC, a Delaware limited liability company (“NAM”). NAM is a wholly-owned subsidiary of Nassau Financial Group, L.P., a Cayman Islands exempted limited partnership (“Nassau Group”). Nassau Group is a subsidiary of GGCOF Nassau Investments, L.P., a Cayman Islands exempted limited partnership and wholly-owned subsidiary of Nassau NAMCO Splitter, L.P., a Cayman Islands exempted limited partnership (“NAM Splitter”). NAM Splitter is owned and controlled by certain private investment funds sponsored and managed by Golden Gate Private Equity, Inc. NAM was founded by Phillip J. Gass and Kostas Cheliotis in 2015. Each of Bruce C. Brittain and Russell C. Pemberton serves as a Managing Director and Portfolio Manager of the Firm and owns a 25% interest in NPC. B. Types of Advisory Services The Firm provides discretionary investment advisory services (i) to privately offered investment funds (each a “Fund”), (ii) directly and indirectly through a subadvisory agreement with NAM, both on discretionary and nondiscretionary bases, to institutions, including insurance companies, with which the Firm and NAM are affiliated, and (iii) to separately managed accounts (collectively with the Funds and the Firm’s other investment advisory clients, the Firm’s “clients”). As of the date of this Form ADV Part 2A firm brochure, the Firm serves as the investment manager and general partner for
the following Funds:  Nassau Private Credit Master Fund LP;  NPC Tactical Opportunities Fund LP;  BSL Corporate Credit Portfolio Opportunities 1 LP; and  NPC Credit Opportunities Master Fund, LP. The Firm’s investment advisory services primarily focus on investments in debt and equity tranches of collateralized loan obligation issuers (“CLOs”), as well as investments in loan accumulation facilities which serve as a precursor to a CLO transaction. The Firm may also, in the future, provide additional types of investment advisory services or may provide services to additional types of clients. C. Availability of Customized Services The Firm tailors its advisory services to each client’s needs and investment mandates, which are specified in the relevant offering materials, investment advisory agreements, organizational agreements and/or other governing documents. The offering documents for each Fund describe the terms and conditions of the Fund, including fees and risk factors, and should be read carefully prior to investment. No offer to sell interests in the Funds is or will be made by the descriptions in this brochure, and Funds are available only to investors that are properly qualified. 3 May 7, 2024 While much of this brochure applies to all of the Firm’s clients, certain information included herein applies to specific clients only. Thus, it is crucial for any client, prospective client, Fund investor or prospective Fund investor to closely review the applicable investment advisory agreement, offering document, organizational agreement or other governing documents with respect to, among other things, the terms, conditions and risks of investing. D. Wrap Fee Programs The Firm does not participate in wrap fee programs. E. Assets Under Management As of December 31, 2023, the Firm managed approximately $1,181,708,333, of which amount approximately $369,821,512 was managed on a discretionary basis and approximately $811,886,821 was managed on a non-discretionary basis.