Yesterday, the company announced the final closing of its fund, Lightsmith Climate Resilience Partners SCSp RAIF, with $186 million of commitments from backers including some very well-known institutions. Good friend of Artemis, the Lightsmith Group, has announced the successful raising of a $186 million investment fund focused on climate resilience and adaptation, including risk transfer related opportunities.įounded by Jay Koh, a previous speaker at one of our insurance-linked securities (ILS) conferences in New York, and Sanjay Wagle, Lightsmith Group is a private equity investor with a unique focus on climate resilience and adaptation, deploying its managed funds into growth-stage technology companies that address the effects of climate change. A little outside of the typical Artemis wheelhouse, but this is news we feel our investor community will appreciate and it is also highly relevant for any readers seeking growth equity funding for their risk modelling, analytics and risk transfer businesses.

The lightsmith