Ariel Re Closes First Fundraise of Commingled Fund Offering Lloyd’s Access

Ariel Re announced on January 30 the completion of the first fundraise for its new commingled fund, Ariel Re Capital Partners (ARCP), which was designed to ease investor access to the Lloyd's of London market.

Lloyd's is the world's leading insurance marketplace catering to businesses in more than 200 countries and territories. Through the ARCP, investors can invest at least $5M into the marketplace via the Bermuda-based reinsurance company's Syndicate 1910 account. It opens up opportunities for smaller funds, family offices and ultra-high net worth individuals to invest in Lloyd's without the required corporate membership.

Ariel Re expects to source multiple years’ worth of capital from ARCP. It did not disclose the total capital commitments raised but said the initial investments collected will cover 10% of the capital that will support the company for 2025. For the fundraise, the company used Lloyd's London Bridge 2 transformer vehicle, which was set up to attract alternative capital into the marketplace.