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Steve Hale

Research Analyst at Hale Partnership

Steve A. Hale II is the Founder and General Partner of Hale Partnership Capital Management, a North Carolina-based investment manager specializing in value-oriented hedge fund strategies. Since founding the firm in July 2010, he has overseen investments across various sectors, with a focus on small-cap and special situation companies. Before launching Hale Partnership, he held roles such as Associate Director, contributing to his depth of industry knowledge and leadership experience. Steve Hale holds significant professional credentials consistent with fund management, guiding his firm to a strong reputation in the alternative investment space.

Steve Hale's questions to HG Holdings (STLY) leadership

Steve Hale's questions to HG Holdings (STLY) leadership • Q1 2015

Question

Steve Hale of Hale Partnership questioned the year-over-year improvement in operating loss, asking if there was a non-interest benefit from the life insurance policy loan paydown and requested a quantification of this impact.

Answer

PFO Anita Wimmer acknowledged that some benefit from the cash surrender value is recognized above the interest line, but stated the majority of the savings is from lower interest expense. She did not provide a specific figure during the call but offered to follow up with the information.

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