Nelson Seo

Nelson Seo - Co-founder and managing director of Fermat Capital


Nelson Seo is co-founder and a managing director of Fermat Capital.

Nelson has over 26 years of experience in commodities, derivatives, bond trading, and investment banking. Prior to forming Fermat Capital with his brother John in 2001, he was a director for e-commerce development for UBS Warburg's treasury products group (1999-2000) and a director for Warburg Dillon Read's precious metals group At Warburg Dillon Read Nelson designed structured transactions and managed the firm's Asian precious metals sales desk (1997-1999). From 1990 to 1997, Nelson was a senior option market maker in foreign exchange and precious metals for O'Connor & Associates/Swiss Bank Corporation, trading on the Philadelphia Stock Exchange and later establishing and managing SBC's floor operations on the COMEX. Nelson received a B.S. in economics from M.I.T. (1990). He is based in Connecticut.

Nelson Seo

My Insights

Outlook 2023

2 min read

Outlook 2023: Nelson Seo (Cat Bonds and Insurance Linked Securities)
December 2022

Catastrophe (cat) bonds and insurance-linked securities (ILS) experienced a tremendous amount of spread widening in 2022, setting up for what we think could be the best investment environment in the history of the ILS market for 2023.