Stockholm (HedgeNordic) – Finnish alternative investment fund manager Gramont Capital Ltd., announced that Sami Sormunen (pictured) has joined the firm as a Sales Director on December 27th 2016. In this role, Mr. Sormunen will be providing alternative investment solutions to institutional investors with a focus on pension funds, insurance companies and family offices.
“We see Sami joining the firm as an important next step in implementing our growth strategy,” said Miikka Hautamäki, CEO and founding partner of Gramont Capital Ltd. “Sami brings more than two decades of experience advising institutional investors on alternative investments. His expertise will be of tremendous advantage not only to our clients, but also to our entire team,” he added.
Sami, who is based in Helsinki, said: “I am excited to join Gramont Capital as the company has a talented team with a solid track-record and a state-of-the-art investment infrastructure. I believe the low interest rate environment and the risk of heightened volatility provide a favourable backdrop for our flagship product, the Gramont Equity Opportunities Fund”.
Prior to joining Gramont Capital, Mr. Sormunen has served in various executive positions in leading investment management companies both in Finland and abroad. He has a Master’s degree in Finance and Accounting from the Helsinki School of Economics.
Gramont Equity Opportunities Fund builds on three investment strategy buckets; macro thematic, single stock strategies and special situations. The allocation between the three strategy groups has varied significantly since the launch, driven by the opportunity set perceived by the managers.