E&S insurer Ategrity raises $75M in capital

Excess and surplus lines insurer Ategrity Specialty Insurance Co. said Wednesday it has completed the raising of $75 million in capital, led by Boston-based Sequentis Financial LLC.

Sequentis is the direct investment arm of Zimmer Partners LP, a New York-based hedge fund.

Scottsdale, Arizona-based Ategrity began operations in September 2018 with funding from Sequentis Chairman Stuart Zimmer.