LEDGER ILS MANAGERS, LLC other names

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Adviser Profile

As of Date:

09/14/2024

Adviser Type:

- Large advisory firm

Number of Employees:

4 -50.00%

of those in investment advisory functions:

2 -60.00%

Registration:

SEC, Approved, 9/17/2021

AUM:

102,076,663 -42.27%

of that, discretionary:

59,030,064 -61.12%

Private Fund GAV:

0 -100.00%

Avg Account Size:

51,038,332 -42.27%

SMA’s:

NO

Private Funds:

0 1

Contact Info

202 xxxxxxx

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
152M 130M 108M 87M 65M 43M 22M
2021 2022 2023

Recent News

Private Funds



Employees




Brochure Summary

Overview

Ledger ILS Managers, LLC, a Delaware limited liability company (“ Ledger ” or the “ Adviser ”), formed on July 9, 2021 acts as the investment Advisor to funds (the “ Funds ”) and separately managed accounts (“SMAs”) which may invest in Funds (collectively “Clients”). Ledger is responsible for the investment and management of Client assets, subject to the policies and supervision of the Funds’ Boards of Directors (the “ Board of Directors ,” and each member thereof, a “ Director ”), as applicable. Ledger had $309.4 million in regulatory assets under management as of December 31, 2023. The Adviser is a wholly owned subsidiary of Ledger Investing, Inc. (“ Ledger Investing ”). Ledger Investing is an insurtech company founded in 2016. Ledger Investing has led the expansion of the insurance-linked securities (“ILS”) market to non-catastrophe insurance
risk by building a platform that offers risk transparency and a standardized and efficient structure for connecting risk to capital. In addition to the Adviser, Ledger Investing’s operating affiliates include: (1) Ledger Re SPC, a Cayman Islands exempted segregated portfolio company formed in 2023 that holds a Class B(iii) insurer’s license under the Cayman Islands Insurance Act, 2010 (as amended); (2) Ledger Risk Markets, LLC, a Delaware limited liability company formed in 2023 that holds a producer license to act as a reinsurance intermediary under Section 2106 of the Insurance Law (New York); and (3) Ledger Capital Markets, LLC, a Delaware limited liability company formed in 2017 that is a securities broker-dealer registered with the SEC and member of FINRA and SIPC. Samir Shah is the Chief Executive Officer of Ledger Investing, Ledger Re SPC, and the Adviser.