Friday, March 07, 2014
By Bonnie Adler
Westporter John Seo, who now makes a pretty good living at gauging the risk of catastrophic events, told a Westport Library audience tonight choosing the wrong entrepreneurial partner could be a disaster. He said his path to becoming one the world’s experts at what he does was not an easy one.
Raised In Dallas, the son of Korean immigrant parents –- his father was a professor of economic theory at Southern Methodist University –- he said they wanted him to be a mathematician, just like his mother. But he said he always dreamed of becoming an entrepreneur.
His dreams came true as co-founder and managing principal of Westport-based Fermat Capital Management. Now the largest investment manager of catastrophe bonds in the world, the firm manages $4.5 billion in investments.
Seo, who spoke as part of the library’s “Insights from Entrepreneurs” series, has 21 years experience in fixed income bond and derivatives trading and has been in the catastrophe bond market for more than 15 years.
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