Swiss Re Insurance-Linked Fund Management

PCS - Emerging Risks, New Opportunities

Fermat Capital Management, LLC

The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is a one-stop resource for information on insurance or reinsurance linked investment managers and their ILS fund strategies.

Fermat Capital Management, LLC - snapshot

  • ILS manager or company name: Fermat Capital Management, LLC
  • Location (HQ / Domicile): Westport, Connecticut U.S.A.
  • Date of launch: Aug 2001
  • Assets under management *: $9.8 billion (ILS AuM as at May 31 2023)
  • Website link: Fermat Capital Management, LLC website

Fermat Capital Management, LLC - Details

Company profile:

Fermat Capital Management, LLC is a specialty investment management firm founded in Westport, Connecticut in 2001. With $8.9 billion in ILS assets under management as of July 2022, Fermat Capital manages institutional portfolios of Insurance-Linked Securities (ILS) with a particular emphasis on catastrophe bonds.

Team size and structure:

34 people: 4 portfolio managers, 8 modeler/analysts, 22 operations/support.

Number of strategies (how many funds, sidecars or strategies):

4 funds plus less than a dozen separately managed accounts

Offers private managed accounts?



As a complementary overlay to its long only, fundamental value approach to investing, the firm develops and employs an active trading strategy supported by proprietary systems that adapt and consolidate traditional insurance industry risk estimation models for the continuous-time trading of ILS.

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

Print Friendly, PDF & Email


The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is provided as-is. Best efforts are made to ensure the contents are accurate at the time of publication but there may be some omissions. Please contact Artemis should you require a change to your listing.

AlphaCat AIG ad

Leadenhall Capital Partners LLP

GC Securities

Schroders Capital - Insurance-linked securities ILS

Wilmington Trust


Advertise with Artemis

Hiscox ILS (home)

Credit Suisse Insurance Linked Strategies