- Advertisement -
- Advertisement -

Related

Former Danske Managers Launch Caba Capital

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Former head of Danske Capital Niels-Ulrik Mousten (pictured) is joining forces with Carsten Bach, a former investment manager  at Danske Bank, to launch Caba Capital, a new hedge fund expected to attract DKK 100 million in initial investments from institutional and private investors, the Danish financial daily Børsen has reported.

“We expect a high return of 8% with low volatility, and it will be an asset class that is not correlated with equities and bonds. At Danske we delivered higher returns than this, but at present I will not promise more than what I am convinced I can keep,” Carsten Bach told Børsen.

The pair expect total AUM to reach DKK 3 billion in the long run. Caba’s fixed fee will be 1%, with the performance fee at 15%, a premium described by Niels-Ulrik Mousten as “unassuming”.

Caba Capital will invest in the yield spread between Danish and Swedish mortgage and government bonds, and the hedge fund will be managed by Nykredit’s Administration portfolio. Nykredit Realkredit A/S is Denmark’s biggest mortgage lender. The minimum investment in Caba Capital will be DKK 750,000.

Picture source: https://twitter.com/numousten

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

Our newsletter is sent once a week, every Friday.

Glenn Leaper, PhD
Glenn Leaper, PhD
Glenn W. Leaper, Associate Editor and Political Risk Analyst with Nordic Business Media AB, completed his Ph.D. in Politics and Critical Theory from Royal Holloway, University of London in 2015. He is involved with a number of initiatives, including political research, communications consulting (speechwriting), journalism and writing his post-doctoral book. Glenn has an international background spanning the UK, France, Austria, Spain, Belgium and his native Denmark. He holds an MA in English and a BA in International Relations.

Latest Articles

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Evli’s Co-Investment Strategy: Opening the Door to Direct Private Equity Deals

Co-investing alongside private equity funds has become increasingly important for institutional investors seeking greater control, reduced fees, and selective deal exposure. Once reserved for...

From Loans to Layers: Navigating the CLO Capital Stack

Collateralized Loan Obligations (CLOs) play an important role in credit markets by bridging the capital needs of corporate borrowers with the return objectives of...

Allocator Interviews

In-Depth: High Yield

Voices

Request for Proposal

- Advertisement -
HedgeNordic
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.