Darien’s Nassau Corporate Credit expands to London

Darien-headquartered Nassau Corporate Credit LLC (NCC), a specialty investment manager, is establishing an investment management business in London that will focus on the European bank loan and collateralized loan obligation (CLO) markets.

NCC, which has approximately $3.1 billion in assets under management, stated that its new London business was launched to “meet growing demand for robust, long-term investment opportunities with low correlation to the U.S. credit markets.”

The new office will be headed by Paul Meloche, formerly portfolio manager for Euro CLO trading and issuance at Ellington Management Group, and Hekeani Mathieu, formerly a portfolio manager for Ellington Management Group. They will report to Alex Jackson, NCC”™s chief investment officer.