Rhenman Launches Global Opportunities L/S

Stockholm (HedgeNordic) – The new hedge fund from Rhenman & Partners, Rhenman Global Opportunities L/S, was launched on August 31, according to a press release.

The fund is described as a global equity fund with a mandate to go long and short selected regions and sectors and trades independently from index. At any given point in time, the fund should have 35-50 individual holdings with an emphasis on larger companies. The Global Opportunities fund will be long-biased and have a positive outlook over the business cycle, with a typical net exposure of 50-90%.

The fund will be managed by Staffan Knafve (pictured) who has previously been responsible for Carnegie’s global fund-of-funds, and worked as Head of Equities at both Nordea Investment Management and Swedbank Robur (read HedgeNordic´s interview with Staffan Knafve here).