Altamont Capital Partners has acquired a majority stake and made a $150 million growth capital commitment to Fleming Holdings (Fleming).
The funding will be used to help Fleiming grow into an all-encompassing capital solutions provider to property and casualty (P&C) insurance companies.
Fleming is a P&C insurance capital solutions provider with a current focus on run-off and legacy reserve transactions. The company, run by Eric Haller, was founded by Fleming Corp, a private equity fund based in Greenwich, Connecticut.