Kestrel Group, Ltd.
About: Kestrel Group Ltd is specializes in providing fronting services to insurance program managers, MGAs, reinsurers, and reinsurance brokers. The Group facilitates insurance transactions utilizing its management contracts with four insurance carriers. Its line business includes casualty, workers' compensation, catastrophe-exposed property, and non-catastrophe-exposed property, with diverse risk durations, sizes, and product types.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
99% more capital invested
Capital invested by funds: $11.5M [Q1] → $22.8M (+$11.3M) [Q2]
9.11% less ownership
Funds ownership: 20.24% [Q1] → 11.13% (-9.11%) [Q2]
40% less funds holding
Funds holding: 70 [Q1] → 42 (-28) [Q2]
82% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 33
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 36
Financial journalist opinion