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January 22, 2026
Sidley Guides Nassau in US$300 Million Business Combination With Angel Island Capital

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AI-made summary
- Sidley advised Nassau Financial Group, a portfolio company of Golden Gate Capital, in its business combination with Angel Island Capital Management (AIC)
- AIC, a specialty credit investment firm managing US$3.6 billion in assets, has become a subsidiary of Nassau Asset Management as a result of the transaction
- The Sidley legal team was led by Michael Devins and included professionals from insurance, global finance, and tax practice areas.
Sidley represented Nassau Financial Group, a Golden Gate Capital portfolio company, in its strategic business combination with Angel Island Capital Management.
Founded by Golden Gate Capital, AIC is a specialty credit investment firm that manages US$3.6 billion in assets, including its balance sheet capital of approximately US$300 million, and through the transaction has become a subsidiary of Nassau’s asset management segment, Nassau Asset Management.
The Sidley team was led by Michael Devins (Insurance), and included Ellen Pesch, Chad Vance, Daniel Sondike (Insurance), Steve Kolyer, Louis Vitale (Global Finance), Dan Altman, and Eric Grosshandler (Tax).~~Sidley represented Nassau Financial Group, a Golden Gate Capital portfolio company, in its strategic business combination with Angel Island Capital Management.
Founded by Golden Gate Capital, AIC is a specialty credit investment firm that manages US$3.6 billion in assets, including its balance sheet capital of approximately US$300 million, and through the transaction has become a subsidiary of Nassau’s asset management segment, Nassau Asset Management.
The Sidley team was led by Michael Devins (Insurance), and included Ellen Pesch, Chad Vance, Daniel Sondike (Insurance), Steve Kolyer, Louis Vitale (Global Finance), Dan Altman, and Eric Grosshandler (Tax).
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