Investment Portfolio

Accuserve is a full-service managed repair and home services platform that connects insurance carriers, homeowners, and contractors, simplifying the property restoration and claims process from incident through repair.

An independent financial advisory firm based in the U.K., AFH Wealth Management provides financial planning-led wealth management advice and services to the mass affluent and high-net-worth private client market.

Alera Group is an independent insurance agency offering comprehensive employee benefits, property and casualty, and retirement solutions to clients nationwide.

American Strategic Insurance provides personal and commercial property insurance, including residential, condominium, umbrella, and flood coverage. Flexpoint fully exited its position in 2015.

Managing General Agent (MGA) focused on the E&S commercial coastal property space.

Apollo Care develops and deploys patient access and analytics solutions through purpose-built technology to help pharmaceutical brands improve medication affordability, access, and adherence.

Lloyd’s of London insurance platform providing reinsurance solutions across the global property and specialty commercial insurance markets.

ArtesRx is a holding company formed to acquire, scale, and support pharmacy businesses that serve complex patient populations. ArtesRx pharmacies serve patients across several care settings and therapeutic areas, with special expertise in serving behavioral health patients.

Baker Hill is a provider of end-to-end loan origination software and related loan workflow software to financial institutions. The Company serves a broad network of banks and credit unions through NextGen, its configurable SaaS platform for commercial, small business, and consumer loan origination that helps to manage risk throughout the lending process.

Bridgehaven is a U.K.-licensed hybrid-fronting carrier which acts as a policy-issuing carrier, connecting specialty Managing General Agents (MGAs) with reinsurance capacity providers. Bridgehaven delivers capital efficiency to MGAs who focus on underwriting specialty commercial insurance while also providing reinsurers access to diverse primary risk.

Canadian Hospital Specialties (“CHS”) serves customers in the acute care and alternate site healthcare sectors. CHS provides single-use and other medical products supplied by global medical device manufacturers as well as its own manufactured products, which are marketed under the proprietary MED-RX® brand. CHS also provides specialty contract manufacturing services for medical device and life sciences companies.

CFGI is a specialized financial consulting firm that helps companies navigate complex accounting, financial reporting, tax, and compliance challenges. Flexpoint fully exited its position in 2018.

An independent financial advisory firm, Clearstead serves high-net-worth individuals, families, and related entities, in addition to institutions such as endowments and foundations, hospitals, and retirement funds.

U.S. RIA serving high- and ultra-high-net-worth clients.

Corva owns and operates dialysis clinics, partnering with nephrologists to deliver high-quality treatments and improve patient outcomes. Flexpoint fully exited its position in 2014.

Create Music Group operates as a tech-enabled music distribution platform, record label, and entertainment network. The company provides a proprietary software platform, data-driven processes, and a large owned audience to support independent artists and labels. Create Music Group offers a valuable catalog of intellectual property and delivers a full range of services, including music distribution, publishing, marketing, content creation, advertising and branding, and tailored financial solutions to artists and record labels worldwide.

Credibly is an emerging marketplace platform that leverages data science and analytics to improve the speed, cost and choices of capital available to small businesses. The Company’s innovative technology platformprovides short-term financing to thousands of small businesses around the United States.

DASH Financial Technologies provides options and equities execution services along with trading, regulatory, and analytics software. Flexpoint fully exited its position in 2021.

Duetti is a technology-driven music rights platform that partners with independent artists to acquire and manage individual song assets. Through proprietary data analytics and a streamlined acquisition model, Duetti enables artists to unlock value from their catalogs while maintaining creative flexibility. The platform’s scalable approach to catalog aggregation supports a growing community of artists seeking liquidity and long-term rights optimization.

Eagle Hospital Physicians provides hospitalist contract, telemedicine, and staffing services to hospitals. Flexpoint fully exited its position in 2013.

Asset manager dedicated to the purchase and management of shipping assets.

Founded in 1920, Elliott Davis is a top 50 accounting and advisory firm in the U.S. The firm provides audit, tax, and advisory services to small and medium-sized businesses and high-net-worth individuals. Elliott Davis has built deep domain expertise across several industry verticals including financial services, manufacturing, healthcare and real estate which has helped the company establish itself as a trusted advisor to its clients nationally. Elliott Davis has offices across the Southeast U.S. and in India.

Enstar is a leading run-off buyer of property and casualty insurance. Flexpoint fully exited its position in 2024.

Financial Pacific Leasing provides equipment financing solutions to small businesses through a national broker network. Flexpoint fully exited its position in 2013.

GeoVera offers specialty residential property insurance in catastrophe-exposed markets and sold its insurance carrier businesses to GeoVera Nova Holdings and its managing general agent operations to SageSure in 2025. Flexpoint fully exited its position as part of this transaction.

GoldState is a music rights investment platform focused on acquiring and actively managing high-quality music copyrights. Leveraging deep industry relationships and operational expertise, GoldState sources, aggregates, and optimizes catalogs across publishing and recorded music.

Hilltop Holdings (NYSE: HTH) is a Dallas-based financial services holding company with banking, lending, and insurance operations. Flexpoint fully exited its position in 2013.

Home Solutions provides home infusion therapy services through a network of specialized pharmacies. Flexpoint fully exited its position in 2012.

Innovative Aftermarket Systems provides vehicle protection products and related technology solutions. Flexpoint fully exited its position in 2020.

IntegraCare Home Health provides home nursing and hospice services across Texas. Flexpoint fully exited its position in 2012.

Jefferson Capital International provides recovery services for charged-off consumer accounts. Flexpoint fully exited its position in 2018.

JetPay offers merchant payment and payroll processing solutions for businesses nationwide. Flexpoint fully exited its position in 2018.

Kastle Therapeutics was a biopharmaceutical company focused on acquiring and developing therapies for diseases with high unmet medical needs. Flexpoint fully exited its position in 2017.

Retail insurance brokerage platform offering property & casualty insurance, employee benefits and personal lines brokerage services. Flexpoint fully exited its position in 2025.

LERETA is a nationwide provider of critical property tax and flood data to mortgage companies in the U.S. LERETA’s technology-enabled platform aggregates data across thousands of taxing authorities in the country to provide property tax status and payment information to mortgage providers.

MGA Homecare is a provider of home healthcare and other home and community-based services with operations in Arizona, Colorado, and Texas. The Company provides an array of home nursing services, including skilled care, rehabilitation (physical therapy, speech therapy, and occupational therapy) and home health aide services.

MobilityWorks is a nationwide provider of wheelchair accessible vehicles and other accessibility products. Founded in 1997, MobilityWorks offers adaptive vehicles and accessibility solutions, including wheelchair accessible minivans, full-size vans with lifts, and commercial fleet vehicles.

Nettwerk Music Group is an independent music company encompassing artist management, publishing, and recorded music. With a global roster of established and emerging talent, Nettwerk combines creative development with strategic marketing, distribution, and digital engagement. The company’s integrated platform empowers artists to build enduring careers and maximize the value of their intellectual property.

Norwich Group develops customized insurance programs for specialized industry niches. Flexpoint fully exited its position in 2011.

PayFacto provides payment processing and point-of-sale (POS) systems focused on the hospitality market. With its own proprietary payment gateway and SaaS POS technology, PayFacto offers a differentiated suite of integrated payment and POS solutions supported locally through its extensive network of distributors and resellers.

Pelican Auto Finance originated and serviced used car loans to subprime borrowers through a network of independent auto dealers across the Mid-Atlantic, Illinois, and Ohio. Flexpoint fully exited its position in 2019.

Propel Insurance provides commercial, employee benefits, and high-net-worth personal insurance solutions and merged with Alera Group in 2021.

PTMA Financial Solutions (“PTMA”) is a provider of treasury management and investment advisory services to public entities and other institutions.

Purchasing Power is a voluntary benefits company, offering employee purchase programs for consumer products and services as well as providing financial tools and resources to improve employee financial wellness.

Reich & Tang is a provider of balance sheet liquidity solutions to banks and broker-dealers. Flexpoint fully exited its position in 2023.

Managing General Underwriter (MGU) providing diversified property, casualty, and professional liability coverage globally through Ryan Specialty’s network of MGAs.

SageSure is one of the largest independent Managing General Underwriters focused on providing catastrophe-exposed property insurance. The Company specializes in underwriting coastal residential and commercial property insurance in areas prone to natural disaster through its online quoting and binding platform that uses proprietary risk modeling and scoring technology. SageSure distributes its products through independent agents and blue-chip brokers on behalf of multiple highly rated carriers.

Property insurance sidecar providing quota share reinsurance capacity to some of SageSure’s carrier partners.

Select Rehabilitation is a provider of contract rehabilitation therapy services nationwide, offering physical, occupational, and speech therapy across long-term care and outpatient settings. Flexpoint exited its position in 2025.

Senior Whole Health is a managed care organization serving dual-eligible Medicare and Medicaid populations. Flexpoint fully exited its position in 2011.

Service Finance Company originates, underwrites, and services home improvement and solar project financing. Flexpoint fully exited its position in 2017.

SouthEast Eye Specialists was a provider of medical and surgical eye care, including cataract, corneal, glaucoma, retinal, and pediatric treatments. Flexpoint fully exited its position in 2025.

Sticky.io provides a cloud-based billing and eCommerce platform for subscription-based businesses. Flexpoint fully exited its position in 2021.

Summit Behavioral Healthcare operates inpatient and outpatient facilities for addiction and mental health treatment. Flexpoint fully exited its position in 2017.

Insurance platform for managing run-off blocks of retirement-focused insurance liabilities.

TigerRisk Partners provides reinsurance brokerage, capital advisory, and analytics services to the global insurance industry. Flexpoint fully exited its position in 2023.

TopRx is a national distributor of generic and branded pharmaceuticals, vitamins, over-the-counter healthcare products, and pharmacy supplies. The Company serves independent pharmacies, group purchasing organizations, re-packagers, veterinary wholesalers, long-term care facilities, correctional facilities, and mass merchant customers nationwide.

TRAKAmerica (“TRAK”) is a tech-enabled legal and auto recovery network that serves top-tier banks, finance companies, debt buyers, and law firms. TRAK manages a nationwide network of attorney firms, pre-legal agencies, and auto recovery agents throughout the entire recovery process on behalf of its clients, as well as a legal outsourcing service to provide support for its network firms.

Transnetwork is a full-service, international business-to-business payments platform that provides mission-critical connectivity between payors (retailers and financial institutions) and money transfer operators. Transnetwork primarily serves the U.S.-to-Latin America cross-border payment corridor, with payor locations in multiple countries across Latin America. The Company’s network of money transfer operators spans the U.S., Canada and Europe.

VALE Insurance Partners (“VALE”) is a Managing General Agent that focuses on underwriting transactional liability insurance products, including representations and warranty, warranty and indemnity, tax liability, and contingent liability insurance. The Company provides a full suite of services to its established carrier partners and has the authority to solicit, underwrite, bind, and manage insurance policies on their behalf. VALE operates throughout North America and Europe.

VeriClaim provides insurance claims management and investigation services. Flexpoint fully exited its position in 2014.

WisdomTree Investments (NYSE: WT) through its subsidiaries in the U.S. and the U.K., is an exchange-traded fund (“ETF”) sponsor and index developer, headquartered in New York City. WisdomTree launched its first ETFs in June 2006. WisdomTree, through its rules-based methodology used to select and weight companies in its ETFs, offers its funds in a variety of asset classes spanning equities, fixed income, currencies, alternatives and commodities. Flexpoint fully exited its position in 2016.

Founded in 2006, YPrime provides software solutions and consulting services that enable efficient and collaborative clinical trial data collection and information management for biopharmaceutical companies and contract research organizations. The Company’s eClinical suite includes electronic clinical outcome assessments (eCOA), interactive response technology (IRT) and eClinical consulting and integration services.