- Advertisement -
- Advertisement -

Coeli Announces New Launch

- Advertisement -

Stockholm (HedgeNordic) – Coeli has recruited Mikael Petersson as fund manager for a new hedge fund soon to be launched according to a press release. Petersson has worked for a number of London hedge fund firms and will start the new hedge fund, Absolute European Equity, under the Coeli umbrella on January 2, 2018.

The fund’s focus will be European mid-sized companies, so-called mid-caps. It is fundamentally driven and will have a concentrated portfolio of companies that are expected to outperform the market significantly. The return target of the fund is 15 percent annually over the long term, which is expected to be achieved at a lower risk level than the overall market.

Petersson has worked for some of the most distinguished hedge funds in London such as Landsdowne Partners and Kairos Investment Management. He will now be based in Coeli´s Malmö office.

“We are very happy to have Mikael onboard. I met Mikael many years ago and have followed his progress since,” says Lukas Lindkvist, CEO of Coeli Asset Management. “The new fund, Absolute European Equity, will become a strong complement to the Coeli offering and will improve our value proposition. Throughout the years, Mikael has focused on hedge fund management but will contribute with his competence and experience to the entire Coeli asset management business.”

Image © Ollyy – Shutterstock

Subscribe to HedgeBrev, HedgeNordic’s weekly newsletter, and never miss the latest news!

Our newsletter is sent once a week, every Friday.

Jonathan Furelid
Jonathan Furelid
Jonathan Furelid is editor and hedge fund analyst at HedgeNordic. Having a background allocating institutional portfolios of systematic strategies at CTA-specialist RPM Risk & Portfolio Management, Mr. Furelid’s focus areas include sytematic macro and CTAs. Jonathan can be reached at: jonathan@hedgenordic.com

Latest Articles

Fishing Where the Fish Are

Stockholm (HedgeNordic) – With a wealth of experience in value creation gained from his tenure at McKinsey and later in private equity at SEB,...

Norwegian Trio Aims to Capture Bitcoin Momentum

Stockholm (HedgeNordic) – Three Norwegian friends, who have known each other since their school days and pursued their master’s studies at the same university,...

Formue Leads Charge for Cash Hurdles

Stockholm (HedgeNordic) – In the decade following the financial crisis, the low-interest-rate environment enabled many hedge funds to launch without setting cash-based hurdle rates...

AP3 Re-Enters Emerging Markets with a Fresh Lens

Stockholm (HedgeNordic) – Sweden’s buffer fund, AP3 Tredje AP-fonden, made the decision to divest all of its equity exposure to emerging markets in 2022...

Beyond the Frontier of Emerging Markets

Stockholm (HedgeNordic) – Frontier markets, often characterized by their smaller size, low-income economies, growing populations and underdeveloped infrastructure compared to emerging or developed markets, are...

New Era for Arden xFund

Stockholm (HedgeNordic) – Just over after successfully running his time-tested systematic trend-following approach with Epoque, Martin Redgård has assumed management of another fund, Arden...

Allocator Interviews

Latest Articles

In-Depth: Emerging Markets

Voices

Request for Proposal

- Advertisement -