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    Steven Hale

    Research Analyst at Hale Partnership Capital Management LLC

    Steven Hale is the Founder and General Partner at Hale Partnership Capital Management LLC, specializing in hedge fund management with a focus on value-oriented investments. Since launching the firm in July 2010, Hale has led significant deals covering companies such as FedNat's Monarch National Insurance, evidenced by his firm's $15 million investment in the insurer. Previously, Hale worked as Associate Director at Babson Capital Management before establishing his own firm in Charlotte, NC. He is recognized for his over-decade-long successful track record in building and managing a high-performing investment fund, though specific credential details such as FINRA registration or securities licenses are not publicly available.

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

    Steven Hale's questions to HG Holdings (STLY) leadership • Q2 2015

    Question

    Steven Hale from Hale Partnership Capital Management LLC asked about the company's balance sheet, questioning if the counterparty for the $20 million+ in cash surrender value life insurance policies would be disclosed and why the company prioritizes paying down 4%-yield policy loans over terminating an 8%-cost pension plan.

    Answer

    VP of Finance Anita Wimmer confirmed that disclosing the insurance counterparty has been discussed internally but has not been done yet. Regarding the pension plan, she stated that after analysis, the company concluded that terminating the plan is not currently in the best interest of the company or its participants.

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