Lighthouse Management, Llc Raises $65,000,000 In New Capital

Lighthouse Management, LLC (“Lighthouse”) announced that it has successfully completed a $65,000,000 senior note issuance in a private placement. The capital from this transaction will be used to refinance existing debt at the Managing General Agent (“MGA”), infuse growth capital into Lighthouse’s affiliated insurance carrier, Lighthouse Property Insurance Corporation, expand its distribution to third party carriers, and for general corporate purposes. The transaction was placed with a private capital fund based in New York.