PRESS RELEASE
7 October 2021

Appleby Advised On Ledger’s ILS Nanorock Fund

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Appleby

Contributor

Appleby is one of the world’s leading offshore law firms, operating in 10 highly regarded and well-regulated locations. We provide comprehensive, expert advice and services across a number of key practice areas. We work with our clients to achieve practical solutions whether from a single location or across multiple jurisdictions.
Appleby Bermuda advised Ledger on the launch of their casualty insurance-linked securities fund, Nanorock Fund Ltd., which will invest through the Ledger Connect platform.
Bermuda

Appleby Bermuda advised Ledger on the launch of their casualty insurance-linked securities fund, Nanorock Fund Ltd., which will invest through the Ledger Connect platform. Ledger Investing is a technology marketplace that matches insurance risk to capital markets.

The Nanorock fund has been capitalized by a large pension plan and will invest in workers' compensation, general liability, commercial and private passenger auto liability as well as other casualty risks in the US and Europe.

Appleby provided full service Bermuda law advice regarding the formation and launch of the Nanorock fund including under Bermuda's insurance and investment fund regulatory regimes.

Bermuda Partner Brad Adderley led on the deal with support by Partner Matthew Ebbs-Brewer, Senior Associate Josephine Noddings, Associates Riley O'Brien and John Small, and Trainee Arielle DeSilva.

Contributor

Appleby is one of the world’s leading offshore law firms, operating in 10 highly regarded and well-regulated locations. We provide comprehensive, expert advice and services across a number of key practice areas. We work with our clients to achieve practical solutions whether from a single location or across multiple jurisdictions.

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