Nephila Capital Ltd.
- Regulatory AUM
- $12.9B
- Discretionary
- $12.9B
- Clients
- 39
- Avg AUM / client
- $330M
- Accounts
- 39
- Employees
- 27
AUM over time
Annual snapshots from Form ADV filings · as of Mar 20, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 39 | $12.9B | 100.0% |
Private funds (18)
View all →Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $6.3B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Cassiopeia Fund Ltd | Hedge Fund | Bermuda | $1.6B | 285 |
| Fourier Master Fund Ltd. master | Hedge Fund | Bermuda | $1.1B | 44 |
| Tyche Catastrophe Fund, Ltd. | Hedge Fund | Bermuda | $1.1B | 5 |
| Iron Catastrophe Master Fund, Ltd master | Hedge Fund | Bermuda | $655M | 28 |
| Palmetto Catastrophe Master Fund, Ltd master | Hedge Fund | Bermuda | $382M | 19 |
| Ulu Fund Ltd. | Hedge Fund | Bermuda | $265M | 1 |
| Xanth Catastrophe Fund, Ltd. | Hedge Fund | Bermuda | $230M | 4 |
| Delos Fund Ltd. | Hedge Fund | Bermuda | $220M | 12 |
| Onyx Catastrophe Fund, Ltd. | Hedge Fund | Bermuda | $182M | 10 |
| Triton Master Fund, Ltd master | Hedge Fund | Bermuda | $145M | 15 |
| Magenta Fund Ltd. | Hedge Fund | Bermuda | $111M | 3 |
| Waratah Master Fund Ltd. master | Hedge Fund | Bermuda | $94.4M | 34 |
| Emerald Catastrophe Fund, Ltd | Hedge Fund | Bermuda | $74.0M | 1 |
| Rembrandt Catastrophe Fund, Ltd. | Hedge Fund | Bermuda | $73.2M | 8 |
| Juniper Catastrophe Master Fund, Ltd master | Hedge Fund | Bermuda | $71.3M | 1 |
People (9)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Hagood, Paul, Gregory | Co Ceo And Director | Oct 2003 (23y) | Less than 5% | |
| Majors, William, Franklin | Co Ceo And Director | Oct 2003 (23y) | Less than 5% | |
| Taylor, Laura, Ann Kirsten | President | Jan 2006 (21y) | Less than 5% | |
| Pena, Adolfo | Senior Business Advisor | Jan 2009 (18y) | Less than 5% | |
| Swayne, Guy, Edward Burling | Head Of External Relationships | Aug 2013 (13y) | Less than 5% | |
| Dyer, Jean, Paul | Chief Legal Officer | Jan 2018 (9y) | Less than 5% | |
| Glassman, Steven, Mark | Chief Operations Officer, Chief Financial Officer | Dec 2021 (5y) | Less than 5% | |
| Laird, Jessica, Lilian | Head Of Risk, Origination And Underwriting | Dec 2021 (5y) | Less than 5% | |
| Ingelman, Jeffrey, Ragnar | Chief Compliance Officer | Mar 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Nephila Holdings Ltd | Sole Shareholder | Oct 2003 | A | 75% or more |
| Markel Group Inc | Shareholder | Nov 2018 | B | ≈ 56.25% – 100% via Nephila Holdings Ltd |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Markel Group Inc: 75% – 100% of Nephila Holdings Ltd × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (18, $6.3B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Cassiopeia Fund Ltd | Hedge Fund | $1.6B | $1.0M | 285 |
| Fourier Master Fund Ltd. | Hedge Fund | $1.1B | $1.0M | 44 |
| Tyche Catastrophe Fund, Ltd. | Hedge Fund | $1.1B | $1.0M | 5 |
| Iron Catastrophe Master Fund, Ltd | Hedge Fund | $655M | $1.0M | 28 |
| Palmetto Catastrophe Master Fund, Ltd | Hedge Fund | $382M | $1.0M | 19 |
| Ulu Fund Ltd. | Hedge Fund | $265M | $1.0M | 1 |
| Xanth Catastrophe Fund, Ltd. | Hedge Fund | $230M | $1.0M | 4 |
| Delos Fund Ltd. | Hedge Fund | $220M | $1.0M | 12 |
| Onyx Catastrophe Fund, Ltd. | Hedge Fund | $182M | $1.0M | 10 |
| Triton Master Fund, Ltd | Hedge Fund | $145M | $1.0M | 15 |
| Magenta Fund Ltd. | Hedge Fund | $111M | $1.0M | 3 |
| Waratah Master Fund Ltd. | Hedge Fund | $94.4M | $1.0M | 34 |
| Emerald Catastrophe Fund, Ltd | Hedge Fund | $74.0M | $1.0M | 1 |
| Rembrandt Catastrophe Fund, Ltd. | Hedge Fund | $73.2M | $1.0M | 8 |
| Juniper Catastrophe Master Fund, Ltd | Hedge Fund | $71.3M | $1.0M | 1 |
| Vermeer Weather Fund, Ltd | Hedge Fund | $65.6M | $1.0M | 5 |
| Ns20221 Ltd | Hedge Fund | $0 | $1.0M | 0 |
| Arachne (Sac) Holdings Ltd | Hedge Fund | $0 | $1.0M | 0 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/20/2026 | 7.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
- • Other fees
- • FEES ON GROSS WRITTEN PREMIUM
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 20, 2026.
View current Form ADV (SEC/IAPD) ↗