Temerity Strategic Partners

The firm focuses on the insurance sector, targeting insurance carriers, distribution platforms, and service providers. It engages across property & casualty and life & annuity markets. The strategy emphasizes deep sector specialization rather than a generalist approach to financial services.

Sourcing likely relies on the principals' network within the insurance industry, including relationships with carriers, reinsurers, and intermediaries. Vertical specialization creates a referral network that generalist funds struggle to replicate. The firm's ability to navigate regulatory processes also enhances its access to proprietary deal flow.

The firm primarily targets equity investments and structured capital solutions. Given the capital requirements of insurance platforms, Temerity likely balances growth equity for distribution and technology-enabled businesses with buyout structures for legacy carriers or blocks of liabilities.

The firm does not publicize explicit avoidance criteria, but given the specialized nature of the strategy, it is unlikely to target health insurance or government-sponsored programs where public policy risk dominates. The focus appears concentrated on private market opportunities in P&C and life/annuity.

Public records do not disclose a specific LP base. Standard for a strategy of this type, LPs likely include institutional allocators, endowments, and family offices seeking exposure to insurance equity strategies with long-term, non-correlated return profiles.