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Gracie Point Closes Funding

Summary by FinSMEs

Gracie Point Holdings, a NYC-based provider of life insurance finance, raised its fifth capital raise of undisclosed amount. The round was led by funds advised by Searchlight Capital Partners, L.P., and Hudson Structured Capital Management Ltd. The company intends to use the funds to strengthen its balance sheet and fund growth. Led by CEO Harish Raghavan, Gracie […] The post Gracie Point Closes Funding appeared first on FinSMEs.

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Gracie Point raises fresh capital to fuel expansion in life insurance premium finance

Gracie Point, a global provider of life insurance premium finance, has successfully closed an equity capital raise backed by Searchlight Capital Partners and Hudson Structured Capital Management (HSCM Bermuda). The funding will support the company’s ongoing expansion efforts. The financial details of the capital raise were not disclosed. However, this marks Gracie Point’s fifth successful funding round since its inception. Searchlight, a private…

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