Coeli Acquires Mobilis Asset Management

 

Stockholm (HedgeNordic) Coeli Asset Management, the Swedish asset managers, has newly acquired a 100% stake in Mobilis Asset Management AB, a mutual fund service provider. The acquisition is set to strengthen Coeli’s position in the Swedish pensions market and expand its customer base through new sales channels. These opportunities conform to Coeli’s objective of profitable growth as an active manager.

For existing Mobilis customers, the acquisition will mean access to additional expertise in asset management, increasing the potential for long-term returns. Coeli’s management team consists of 15 employees with expertise across equities, fixed income, hedge funds, private equity, real estate and strategy funds.

“Our objective is to grow both organically and by strategic acquisitions,” says Lukas Lindkvist, CEO of Coeli Asset Management (pictured left). “Mobilis is a player that complements our business and our existing customer base, giving us a good base to continue growing in the Swedish pensions market.”

Christian Kvist, CEO of Mobilis Asset Management AB (pictured right), remarked: “Because Coeli has a strong management organization, it supplies more skills and resources creating conditions for competitive returns. Mobilis’ mission remains to provide active management, but it is now backed by a strong asset manager with the resources to both manage and develop Mobilis’ offerings in the future.”