Stockholm (HedgeNordic) – Helsinki-based alternative investment manager AIM Capital has appointed Miikka Hautamäki as chief executive officer, succeeding Mikko Niskanen. Niskanen, one of the founding members of AIM Capital, remains part of the firm’s Board of Directors.
Prior to joining AIM Capital in mid-January, Hautamäki co-founded alternative investment fund manager Gramont Capital and served as the chief investment officer of firm’s opportunistic hedge fund, Gramont Equity Opportunities Fund, since its launch in August 2014 up until its closure at the end of 2018. The hedge fund employed three distinct investment strategies: macro thematic, single-stock strategies, and special situations.
Before co-founding Gramont, he served as a proprietary equity trader at Goldman Sachs in London and portfolio manager for Brummer & Partners-backed fund Avenir. Hautamäki, who holds a Master’s degree in Finance from Helsinki School of Economics and a Master’s degree in Engineering from Helsinki University of Technology, has 17 years of investment and financial markets experience.
AIM Capital manages bespoke advisory mandates and three funds of funds focusing on three different investments strategies. AIM Diversified Strategies is a fund of funds investing in high-quality hedge funds exhibiting high alpha-generation potential. The second vehicle is a credit-focused fund of funds, whereas the third vehicle invests in funds managing insurance-linked strategies.
Commenting on his recent appointment, Hautamäki says “I am very excited about this opportunity and the future of AIM Capital.” The recently appointed CEO reckons the Helsinki-based firm has great potential to grow given the increasing investor interest in alternatives and the strong track record of its existing products. AIM Diversified Strategies, for instance, was nominated in the “Best Nordic Fund of Hedge Funds” category for this year’s edition of the Nordic Hedge Award. AIM Capital’s funds finished on the podium at the Nordic Hedge Awards two years in a row.