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Newcleus Announces Acquisition By Waterfall Sentinel Fund

Aug 04, 2021•over 4 years ago

Acquiring Company

Waterfall Asset Management

Acquired Company

Newcleus

Yardley

Description

Newcleus, LLC, ("Newcleus"), a leading provider of employer-owned life insurance and annuity products (with a core focus on Bank and Credit Union institutions), as well as employee benefit design and analysis, compensation consulting, and investment strategies, today announced that it has completed a strategic transaction with the Waterfall Sentinel Fund, a private equity vehicle managed by Waterfall Asset Management ("Waterfall").

Company Information

Company

Waterfall Asset Management

About

Based in New York, Waterfall Asset Management is an independent SEC-registered asset manager. Waterfall is a leading private investment firm dedicated to investing in asset-based credit and private equity across the entirety of the specialty finance and securitized credit space. Waterfall had approximately $9.5 billion in assets under management, as of June 1, 2021. Contact: John NelliganWaterfall Asset Management212-257-6125 JNelligan@waterfallam.com 1 Information about Newcleus is as of July 2021. SOURCE Waterfall Asset Management, LLC

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