Ledger Investing has launched its first insurance-linked securities (ILS) fund, a casualty risk focused strategy backed by a single investor, and an ILS management unit, Ledger ILS Managers LLC. While the firm plans a $300 million co-mingled casualty ILS fund strategy as well.
Using its own technology platform, a marketplace for connecting capital market investor funding with insurance and reinsurance risks, Ledger Investing has announced the closing of Nanorock Fund Ltd.
The Nanorock Fund will invest primarily in casualty insurance risks through the Ledger Connect platform, its proprietary tech platform, with a range of longer-tailed liability driven lines in scope.
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