Stockholm (HedgeNordic) – Origo Capital, the Stockholm-based activist long/short equity manager that manages the Origo Quest 1 hedge fund, announces the addition of Carl Rydin (pictured) as a new key member of the staff.
Rydin has international experience from both M&A and the hedge fund industry. Most recently, he was an Investment Manager at New York-based Lucerne Capital Management, a Long/Short Equity Investment Firm specializing in fundamental bottom-up stock selection with a focus on continental European markets. Prior to that, he worked at New York-based Fredericks Michael & Co, executing cross-border buy-side and sell-side M&A transactions across various industries in North America and Europe.
In a comment to the new addition, Stefan Roos, CEO and Managing Partner of Origo Capital says:
“At Origo Capital, most of the investment research and analysis is carried out in-house. One reason for this is simply the lack of external research coverage in the niche in which we operate – listed Nordic Small Caps. We see great potential in further exploring this investment universe and by hiring Carl Rydin, our research capabilities increase. This will hopefully lead to a continued success story for Origo Capital and Origo Quest 1″.
Origo Quest 1 is focusing on listed Small Caps based in the Nordics. Since the fund was launched on January 31, 2013, the average annual net return is +17%. The fund was widely recognized at the start of 2017, with nominations for, amongst others, EuroHedge Awards and HFM Week European Hedge Fund Awards.
The fund came in in second place as “Best Equity Focused Hedge Fund 2015” at last years´Nordic Hedge Awards.