North Carolina hedge fund Hale to invest $15mn in FedNat’s Monarch
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

North Carolina hedge fund Hale to invest $15mn in FedNat’s Monarch

Martha Muir
24 May 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
FedNat Insurance logo Fort Lauderdale Florida.jpg

FedNat has revealed that the investor putting $15mn into its Monarch National Insurance Company (MNIC) subsidiary is a North Carolina hedge fund, Hale Partnership Capital Management.

The capital will come from funds managed by Hale, which is based in Charlotte, North Carolina and funnels capital into “inefficient areas of capital markets” including post-reorganisation equities and private bankruptcies.

Hale

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

News
MM
Martha Muir
Reporter
Gift this article