Nephila Capital LTD.
Hamilton, Bermuda · CRD 132780
Hedge fund manager
Nephila Capital LTD. is an SEC-registered investment adviser based in Hamilton, Bermuda that reports managing 27 hedge funds on Form ADV. It reports $12.9 billion in regulatory assets under management. Its private funds, of all types, hold $12.6 billion in gross assets.
- Regulatory assets under management
- $12.9 billionForm ADV Item 5.F
- Gross assets of private funds
- $12.6 billionAll private fund types, Form ADV
- Hedge funds managed
- 2727 private funds in total
- Employees
- 27Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 132780
- Latest Form ADV
- 03/20/2026Disciplinary disclosures: none reported
Private funds reported on Form ADV (18)
Fund
Gross assets
Minimum
Owners
Adviser
Cassiopeia Fund LTD
BermudaHedge fund
Gross assets$1.6B
Minimum$1.0M
Owners285
AdviserNephila Capital LTD.
Fourier Master Fund LTD.
BermudaHedge fund
Gross assets$1.1B
Minimum$1.0M
Owners44
AdviserNephila Capital LTD.
Tyche Catastrophe Fund, LTD.
BermudaHedge fund
Gross assets$1.1B
Minimum$1.0M
Owners5
AdviserNephila Capital LTD.
Iron Catastrophe Master Fund, LTD
BermudaHedge fund
Gross assets$655M
Minimum$1.0M
Owners28
AdviserNephila Capital LTD.
Palmetto Catastrophe Master Fund, LTD
BermudaHedge fund
Gross assets$382M
Minimum$1.0M
Owners19
AdviserNephila Capital LTD.
ULU Fund LTD.
BermudaHedge fund
Gross assets$265M
Minimum$1.0M
Owners1
AdviserNephila Capital LTD.
Xanth Catastrophe Fund, LTD.
BermudaHedge fund
Gross assets$230M
Minimum$1.0M
Owners4
AdviserNephila Capital LTD.
Delos Fund LTD.
BermudaHedge fund
Gross assets$220M
Minimum$1.0M
Owners12
AdviserNephila Capital LTD.
Onyx Catastrophe Fund, LTD.
BermudaHedge fund
Gross assets$182M
Minimum$1.0M
Owners10
AdviserNephila Capital LTD.
Triton Master Fund, LTD
BermudaHedge fund
Gross assets$145M
Minimum$1.0M
Owners15
AdviserNephila Capital LTD.
Magenta Fund LTD.
BermudaHedge fund
Gross assets$111M
Minimum$1.0M
Owners3
AdviserNephila Capital LTD.
Waratah Master Fund LTD.
BermudaHedge fund
Gross assets$94.4M
Minimum$1.0M
Owners34
AdviserNephila Capital LTD.
Emerald Catastrophe Fund, LTD
BermudaHedge fund
Gross assets$74.0M
Minimum$1.0M
Owners1
AdviserNephila Capital LTD.
Rembrandt Catastrophe Fund, LTD.
BermudaHedge fund
Gross assets$73.2M
Minimum$1.0M
Owners8
AdviserNephila Capital LTD.
Juniper Catastrophe Master Fund, LTD
BermudaHedge fund
Gross assets$71.3M
Minimum$1.0M
Owners1
AdviserNephila Capital LTD.
Vermeer Weather Fund, LTD
BermudaHedge fund
Gross assets$65.6M
Minimum$1.0M
Owners5
AdviserNephila Capital LTD.
Ns20221 LTD
BermudaHedge fund
Gross assets$0
Minimum$1.0M
Owners0
AdviserNephila Capital LTD.
Arachne (Sac) Holdings LTD
BermudaHedge fund
Gross assets$0
Minimum$1.0M
Owners0
AdviserNephila Capital LTD.
As reported in the adviser's Form ADV filed Mar 25, 2024. Funds also listed from Form D are shown above.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures