9AT: LEDGER ILS MANAGERS, LLC

Adviser Profile

As of Date	12/04/2025
Registration status	Terminated
ADV Location	NEW YORK, NY, United States
Contact Info	510 xxxxxxx

AUM^*	32,069,021 -70%
of that, discretionary	32,069,021 -45%
Number of Employees	4
of those in investment advisory functions	2
Private Fund GAV^*	0
Avg Account Size	32,069,021 -39%
SMA’s	No
Private Funds	0

Adviser Type

- Mid-sized advisory firm

Client Types

- Other

Advisory Activities

- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management

Adviser	Hedge Fund	Liquidity Fund	Private Equity Fund	Real Estate Fund	Securitized Asset Fund	Venture Capital Fund	Other Fund	Total Private Fund GAV	AUM	#Funds
Adviser FINANCE OF AMERICA CAPITAL MANAGEMENT LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM500.0k	#Funds-
Adviser WHITE ROCK OIL & GAS HOLDINGS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund205.1m	Total Private Fund GAV205.1m	AUM205.1m	#Funds5
Adviser RENAISSANCE VENTURE CAPITAL MANAGEMENT, INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund292.7m	Total Private Fund GAV292.7m	AUM292.7m	#Funds5
Adviser BEAR MOUNTAIN CAPITAL INC.	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund13.5m	Total Private Fund GAV13.5m	AUM375.0m	#Funds1
Adviser ARCO GLOBAL MANAGEMENT, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund260.4m	Total Private Fund GAV260.4m	AUM260.4m	#Funds1
Adviser AON ADVANTAGE FUNDS LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund-	Total Private Fund GAV-	AUM148.7m	#Funds-
Adviser BROOKFIELD ASSET MANAGEMENT PIC BMG, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund110.8m	Total Private Fund GAV110.8m	AUM911.7m	#Funds2
Adviser RIDGEPOST CAPITAL ADVISORS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund288.4m	Total Private Fund GAV288.4m	AUM288.4m	#Funds3
Adviser ORIGIN CREDIT ADVISERS, LLC	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund13.2m	Total Private Fund GAV13.2m	AUM538.0m	#Funds4
Adviser WEIK CAPITAL MANAGEMENT	Hedge Fund-	Liquidity Fund-	Private Equity Fund-	Real Estate Fund-	Securitized Asset Fund-	Venture Capital Fund-	Other Fund51.4m	Total Private Fund GAV51.4m	AUM334.7m	#Funds2

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.

LEDGER ILS MANAGERS, LLC

LEDGER ILS MANAGERS, LLC

Adviser Profile

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

Need help?

Send a question to 9AT support.

LEDGER ILS MANAGERS, LLC LEDGER ILS MANAGERS, LLC

Adviser Profile

Adviser Type

Client Types

Advisory Activities

Compensation Arrangments

Reported AUM

Private Funds

Employees

Similar advisers

Brochure Summary

Overview

LEDGER ILS MANAGERS, LLC

LEDGER ILS MANAGERS, LLC