- Advertisement -
- Advertisement -

Delay for Rhenman Global Opportunities L/S

- Advertisement -

Stockholm (HedgeNordic) – One of the much awaited fund launches of the year has just postponed its first investment opportunity for Swedish investors which was set for 31 May. Rhenman & Partners, which were aiming to broaden the fund range next to their Healthcare Equity L/S fund by adding Rhenman Global Opportunities L/S, announced the marketing authorization in Sweden has not yet been completed.

In a statement, Rhenman & Partners writes: “Unfortunately, this week we were informed that the processing time for Swedish marketing authorization has dragged on, which means that we have to postpone the fund launch.”

No specific reason is given for the delay, nor is there a new target date communicated.  “Responsible coordinator of the process in Luxembourg is SEB Fund Services S.A., and for the Swedish marketing authorization, it is SEB AB. These two institutions have extensive experience in fund launches and they both have good knowledge of how to run a normal licensing process smoothly. This time, different circumstances beyond our control has led to a delay.”

With Rhenman & Partners Healthcare Equity L/S being closed for new investors since December2015 (soft close), the Stockholm based asset manager currently has no product on its home market to market. Rhenman and Partners notes that “Rhenman Global Opportunities L/S is approved by the CSSF – financial regulator in Luxembourg – and that it is only the Swedish marketing authorization process, administered by SEB AB and Finansinspektionen (FI), which has not yet been finalized.”

HedgeNordic interviewed Staffan Knafve, the designated portfolio manager of Rhenman Global Opportunities L/S on his trading approach and strategy. The interview can be read here:  Interview Staffan Knafve, Rhenman Global Opportunities L/S


Picture: (c) isak55_shutterstock.com


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

Our newsletter is sent once a week, every Friday.

Kamran Ghalitschi
Kamran Ghalitschi
Kamran has been working in the financial industry since 1994 and has specialized on client relations and marketing. Having worked with retail clients in asset management and brokerage the first ten years of his career for major European banks, he joined a CTA / Managed Futures fund with 1,5 Billion USD under management where he was responsible for sales, client relations and operations in the BeNeLux and Nordic countries. Kamran joined a multi-family office managing their own fund of hedgefunds with 400 million USD AuM in 2009. Kamran has worked and lived in Vienna, Frankfurt, Amsterdam and Stockholm. Born in 1974, Kamran today again lives in Vienna, Austria.

Latest Articles

CABA Launches ‘Flex2’ for Another Ride on the Spread Curve

Stockholm (HedgeNordic) – In December 2022, Danish boutique CABA Capital launched a closed-end fund with a three-year lifespan to capture risk premiums in Scandinavian...

Truepenny One Step Closer to Launch

Stockholm (HedgeNordic) – Truepenny Capital Management has received authorization as an investment firm and obtained license as a portfolio manager from the Swedish financial...

Rhenman Embracing Change Amid an Ever-Changing Healthcare Sector

Stockholm (HedgeNordic) – The largest equity hedge fund in the Nordics with assets under management just shy of $1 billion, the Rhenman healthcare fund,...

Inside Ilmarinen’s Approach to Hedge Fund Allocation

Stockholm (HedgeNordic) – Ilmarinen, in a tight race with Varma as Finland’s largest earnings-related pension insurance company, has emerged as a noteworthy investor in...

Nordic Hedge Fund Industry Report 2024

Stockholm (HedgeNordic) – HedgeNordic’s Nordic Hedge Fund Industry Report kicks off with an analysis of the industry’s performance across different asset size ranges. This...

BlueOrchard’s Climate Insurance PE Fund Edges Toward $100M

Stockholm (HedgeNordic) – BlueOrchard’s private equity fund dedicated to climate insurance has secured commitments of close to $30 million from two new investors, British...

Allocator Interviews

Latest Articles

In-Depth: Emerging Markets


Request for Proposal

- Advertisement -