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

Martha Muir
24 May 2022
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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

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