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Nephila Capital

SEC-registered adviser since 2004Hamilton, BermudaCRD 132780

39
Clients
9
Advisory staff

From Form ADV filed 20 March 2026 · data retrieved 15 October 2026SEC record

Nephila Capital is an investment adviser headquartered in Hamilton, Bermuda, and registered with the SEC since 2004. Its clients include pooled investment vehicles.

Its services include portfolio management for pooled vehicles. Fee arrangements include a percentage of assets under management, performance-based fees and other arrangements. Nephila Holdings LTD owns 75% or more of Nephila Capital.

Clients

Nephila Capital serves 39 clients. The average client has about $330 million with the firm.

Regulatory assets by client type
  • Pooled investment vehicles39 clients100%
Show client breakdown
Pooled investment vehicles
Clients
39
Regulatory AUM
$12,876,891,944
Share
100.0%
Avg. per client
$330.2M

Total

Clients
39
Regulatory AUM
$12,876,891,944
Share
100%
Avg. per client
$330.2M

What it does

Nephila Capital provides portfolio management for pooled vehicles. It is paid through a percentage of assets, performance-based fees and other arrangements.

Nephila Capital advises 27 private funds.

100.0% of assets ($12.88B across 39 accounts) are managed with discretion. 95% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.

Custodians

Nephila Capital has custody of $12.88B for 39 clients.

Managed account assets by custodian
  • All other custodians$12.88B100%

Ownership and leadership

Nephila Holdings LTD owns 75% or more of Nephila Capital.

Who owns the firm
Nephila Capital LTD.· the adviser
  • Nephila Holdings LTD

    Control person · since October 2003

    Owns 75% or more of Nephila Capital LTD.

Leadership

  • Laura Taylor
    President
  • Megan Koch
    Chief Operating Officer
  • Neal Kalechofsky
    Chief Compliance Officer
  • Jean Dyer
    Chief Legal Officer
  • Paul Hagood
    CEO of Nephila Holdings LTD. and Director
  • Deon Heyns
    Chief Technology Officer
  • Jessica Laird
    CEO of Nephila Capital LTD.
  • William Majors
    Director
  • Sean McDade
    Chief Operations Officer

Staff

  • 27 employees
  • 9 in advisory functions

Fees

Nephila Capital is paid through a percentage of assets under management, performance-based fees and other.

Nephila Capital’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Nephila Capital has 0 offices, with 1 listed address with no US state reported.

Registration details

Legal name
Nephila Capital LTD.
Headquarters
Victoria Place, 3rd Floor West, 31 Victoria Street, Hamilton, Bermuda HM 10
SEC file
801-63514
Structure
corporation organized in Bermuda
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Nephila Capital have?

Nephila Capital has 39 clients and manages $12.9 billion for them, as of March 2026.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 20 March 2026

What services does Nephila Capital offer?

Nephila Capital provides portfolio management for pooled vehicles.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

How many financial advisors does Nephila Capital have?

Nephila Capital has 0 investment adviser representatives registered with state securities authorities, out of 27 employees, and 9 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

Who owns Nephila Capital?

Nephila Capital is owned through a holding company by Markel Group Inc. Its direct owner is Nephila Holdings LTD (75% or more).

Source: Form ADV Part 1A, Schedules A and B, filed 20 March 2026

How does Nephila Capital get paid?

Nephila Capital is paid through a percentage of assets under management, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 20 March 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 132780.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Nephila Capital LTD. and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.