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You are here: Manager factsheet

Fermat Capital Management LLC

GAM Fund Management Ltd
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Manager profile
Fermat Capital Management, LLC (“Fermat”) is a Connecticut, USA based investment management company specialising in Insurance-Linked Securities (ILS). Since it was founded in 2001 by John and Nelson Seo, Fermat has remained wholly dedicated to the ILS sector, with particular focus on catastrophe bonds. The Managing Principals have over 40 years’ combined experience in ILS and cat bond investing and have been active participants in the cat bond market since its inception. They have previously acted as consultants on catastrophe markets to the World Bank, US federal and state departments and have regularly been keynote speakers for the insurance industry. Fermat has managed cat bond funds for GAM since 2004.
Total return for Fermat Capital Management LLC
Discrete calendar year performance : Fermat Capital Management LLC

Manager career performance
Discrete performance
  0-12m 12-24m 24-36m 36-48m 48-60m 60-72m 72-84m 84-96m 96-108m 108-120m
Fermat Capital Management LLC 6.9 10.3 13.0 -1.0 4.6 2.6 8.2 -8.0 31.7 6.0
Peer Group Composite 8.3 4.2 1.0 2.1 2.2 4.8 2.2 0.0 30.9 -1.2
Over / Under -1.4 6.1 12.0 -3.1 2.4 -2.2 6.0 -8.0 0.8 7.2
Performance vs peer group composite: Fermat Capital Management LLC
How a manager matches up against their peers gives you some idea of how talented they are. Very few managers perform equally well in rising and falling markets, so knowing which type of market a manager is capable of performing well within is also important.
 
Overall markets
Up
Outperformed peer group composite
6 years
out of a possible 10
 
Overall markets
Up
Underperformed peer group composite
4 years
out of a possible 10
 
Rising markets
UpDown
Outperformed peer group composite
5 years
out of a possible 9
 
Falling markets
UpDown
Outperformed peer group composite
1 year
out of a possible 1
Funds currently managed
Fund Sole/Co-managed Sector Periods
GAM Star Cat Bond Lead manager FO Fixed Int - Global High Yield since Oct 31 2011 to present
Funds managed previously
Fund Periods
No previously managed funds
News & Research: Related articles sector Sector fund Fund group Group manager Manager
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Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

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