- Advertisement -
- Advertisement -

Related

SCF’s Asset Growth Passes New Milestone

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Scandinavian Credit Fund has reached SEK 3 billion in assets under management following record commitments from investors in December and January. The alternative investment fund engaged in direct lending to small and medium-sized companies had reached SEK 1 billion in assets in October of 2017 and reached the SEK 2 billion-mark in June last year.

With the effort of six analysts and originators part of its debt capital market (DCM) origination team, Scandinavian Credit Fund provides short- to medium-term direct loans to small- and medium-sized companies seeking capital for business expansion, inventory or equipment purchases, working capital needs, or refinancing. Due to the rapid rise in assets under management, the alternative investment fund expanded their origination team in early January with the hiring of Carl Levert (read more details). Scandinavian Credit Fund raised SEK 180 million in new capital during December and January, new commitments the fund’s DCM origination team have at their disposal for deployment as of the beginning of February. After reaching SEK 3.1 billion in assets under management at the end of January, the fund raised its asset ceiling to SEK 5 billion.

Scandinavian Credit Fund, founded by Fredrik Sjöstrand and Peter Norman (pictured), has a return target of 6-8 percent per year, and the fund has successfully reached its objective in each of its three years since inception. The direct lending fund earned an average annual return of 7.5 percent since launching in January 2016, experiencing only one down month so far and reaching its 36th consecutive month of positive performance in January.

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

Our newsletter is sent once a week, every Friday.

Eugeniu Guzun
Eugeniu Guzun
Eugeniu Guzun serves as a data analyst responsible for maintaining and gatekeeping the Nordic Hedge Index, and as a journalist covering the Nordic hedge fund industry for HedgeNordic. Eugeniu completed his Master’s degree at the Stockholm School of Economics in 2018. Write to Eugeniu Guzun at eugene@hedgenordic.com

Latest Articles

From Beef to Bitcoin: August’s Wild CTA Ride

In August 2025, the CTA sub-index of the Nordic Hedge Index edged lower after two positive months, reflecting mixed performance among managers. Strong gains...

Lauri Ehanti to Leave Aalto University Endowment After 14 Years

Lauri Ehanti is leaving Aalto University’s endowment fund after 14 years in various roles, most recently as Head of Investments. His responsibilities will be...

Othania’s All-In-One Fund Celebrates Five Years

Danish fund boutique Othania is celebrating the five-year anniversary of Othania Balanceret Makro, its all-in-one fund blending equity, bond, and alternatives exposure through Exchange...

Atlant Fonder Crosses SEK 10 Billion Milestone

Strong performance and steady inflows have propelled alternative fund boutique Atlant Fonder past the SEK 10 billion milestone in assets under management. Its flagship...

Nordea PM Joins Lancelot Global as Co-Manager

Lancelot Global, a long-only equity fund with flexible net exposure ranging from 60 to 120 percent, has strengthened its portfolio management team with the...

Quirky Questions – or, A Peoples Business

If asset management were only about numbers, we could all go home and let the calculators get on with it. But calculators are dull...

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.