Nassau Private Credit Llc
SEC-registered
Private Fund Manager · Mid-sized ($1B–$10B)
CRD 300220
· SEC file 801-114864
· Darien, CT
· www.npc.nfg.com
☆ Save with Pro
ADV data as of Jul 21, 2026
- Regulatory AUM
- $1.0B
- Discretionary
- $442M
- Clients
- 11
- Avg AUM / client
- $95.2M
- Accounts
- 11
- Employees
- 7
AUM over time
$0
$1.2B
Dec 2018
Jul 2026
Annual snapshots from Form ADV filings · as of Jul 21, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $442M | 42.2% |
| Insurance companies | 6 | $606M | 57.8% |
Private funds (4)
Reported in Form ADV Section 7.B.(1), filing of May 2024 · $158M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Nassau Private Credit Master Fund Lp master | Private Equity Fund | Cayman Islands | $144M | 12 |
| Npc Tactical Opportunities Fund Lp | Private Equity Fund | Delaware | $14.4M | 2 |
| Npc Credit Opportunities Master Fund, Lp master | Private Equity Fund | Delaware | $0 | 0 |
| Bsl Corporate Credit Portfolio Opportunities 1 Lp | Private Equity Fund | Delaware | $0 | 2 |
People (7)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Cheliotis, Kostas | Member Of The Board Of Managers | Dec 2018 (8y) | Less than 5% | |
| Gass, Phillip, John | Member Of The Board Of Managers | Dec 2018 (8y) | Less than 5% | |
| Buland, Olga, Kaplan | Deputy General Counsel And Secretary | Jan 2023 (4y) | Less than 5% | |
| Roth, John, Herbert | Chief Compliance Officer | Jan 2023 (4y) | Less than 5% | |
| Banulski, Justin, William | Chief Financial Officer | Jul 2023 (3y) | Less than 5% | |
| Brittain, Bruce, Christopher | Managing Director, Portfolio Manager, Member Of Nassau Private Credit Llc And Member Of The Board Of Managers | Apr 2024 (2y) | 25% – 50% | |
| Pemberton, Russell, Cowan | Managing Director, Portfolio Manager, Member Of Nassau Private Credit Llc And Member Of The Board Of Managers | Apr 2024 (2y) | 25% – 50% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Nassau Npc Holdings Llc | Member Of Nassau Private Credit Llc | Apr 2024 | A | 50% – 75% |
| Nassau Asset Management Llc | Member | Apr 2024 | B | ≈ 37.5% – 75% via Nassau Npc Holdings Llc |
| Nassau Financial Group, L.P. | Member | Apr 2018 | B | ≈ 28.13% – 75% via Nassau Asset Management Llc |
| Nassau Namco Splitter, L.P. | Limited Partner | Apr 2020 | B | ≈ 15.82% – 75% via Ggcof Nassau Investments, L.P. |
| Ggcof Nassau Investments, L.P. | Limited Partner | Apr 2020 | B | ≈ 21.09% – 75% via Nassau Financial Group, L.P. |
| Golden Gate Capital Opportunity Fund, L.P. | Limited Partner | Apr 2018 | B | ≈ 7.91% – 56.25% via Nassau Namco Splitter, L.P. |
| Nassau Namco Blocker, Llc | Limited Partner | Apr 2018 | B | ≈ 3.96% – 37.5% via Nassau Namco Splitter, L.P. |
| Golden Gate Capital Opportunity Fund A, L.P. | Member | Apr 2018 | B | ≈ 0.99% – 18.75% via Nassau Namco Blocker, Llc |
| Nassau Financial Group Gp Ltd. | General Partner | Apr 2018 | B | GP / trustee / elected manager of Nassau Financial Group, L.P. (indirect) |
| Ggc Opportunity Fund Management, L.P. | General Partner | Apr 2018 | B | GP / trustee / elected manager of Nassau Namco Splitter, L.P. (indirect) |
Estimated effective ownership (look-through of filed bands):
- Nassau Asset Management Llc: 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 37.5% – 75% of the firm
- Nassau Financial Group, L.P.: 75% – 100% of Nassau Asset Management Llc × 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 28.13% – 75% of the firm
- Nassau Namco Splitter, L.P.: 75% – 100% of Ggcof Nassau Investments, L.P. × 75% – 100% of Nassau Financial Group, L.P. × 75% – 100% of Nassau Asset Management Llc × 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 15.82% – 75% of the firm
- Ggcof Nassau Investments, L.P.: 75% – 100% of Nassau Financial Group, L.P. × 75% – 100% of Nassau Asset Management Llc × 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 21.09% – 75% of the firm
- Golden Gate Capital Opportunity Fund, L.P.: 50% – 75% of Nassau Namco Splitter, L.P. × 75% – 100% of Ggcof Nassau Investments, L.P. × 75% – 100% of Nassau Financial Group, L.P. × 75% – 100% of Nassau Asset Management Llc × 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 7.91% – 56.25% of the firm
- Nassau Namco Blocker, Llc: 25% – 50% of Nassau Namco Splitter, L.P. × 75% – 100% of Ggcof Nassau Investments, L.P. × 75% – 100% of Nassau Financial Group, L.P. × 75% – 100% of Nassau Asset Management Llc × 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 3.96% – 37.5% of the firm
- Golden Gate Capital Opportunity Fund A, L.P.: 25% – 50% of Nassau Namco Blocker, Llc × 25% – 50% of Nassau Namco Splitter, L.P. × 75% – 100% of Ggcof Nassau Investments, L.P. × 75% – 100% of Nassau Financial Group, L.P. × 75% – 100% of Nassau Asset Management Llc × 75% – 100% of Nassau Npc Holdings Llc × 50% – 75% direct ≈ 0.99% – 18.75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (4, $158M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Nassau Private Credit Master Fund Lp | Private Equity Fund | $144M | $5.0M | 12 |
| Npc Tactical Opportunities Fund Lp | Private Equity Fund | $14.4M | $0 | 2 |
| Npc Credit Opportunities Master Fund, Lp | Private Equity Fund | $0 | $0 | 0 |
| Bsl Corporate Credit Portfolio Opportunities 1 Lp | Private Equity Fund | $0 | $0 | 2 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/13/2026 | 3.47 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- J.P. Morgan $606M (58% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 21, 2026.
View current Form ADV (SEC/IAPD) ↗