Stockholm (HedgeNordic) – Swedish hedge fund manager Strukturinvest Fondkommission announced the appointment of Declan Mac Guinness (pictured) as Chief Executive Officer. He replaces Strukturinvest’s co-founder Fredrik Langley, who briefly took over the role from former CEO Thomas Olsson at the end of May. Olsson stepped down from his position after a five-year journey at Strukturinvest.

With long experience of working in senior positions in the financial industry, Mac Guinness will take up his post as CEO in the second half of August following a compulsory review by the Swedish Financial Supervisory Authority. Mac Guinness previously served as the CEO of TF Bank, where he was responsible for the bank’s listing on the NASDAQ OMX. He also worked as the CEO of Carlson Funds and the compliance officer at DNB Asset Management.

“Declan’s long experience and broad expertise in the financial industry, good leadership skills, and his solid knowledge of business areas that can complement Strukturinvest’s existing business, make him extremely suited to the take up the role of leading and developing both Strukturinvest’s current operations and entirely new business ventures,” says Founder and Chairman of the Board, Olof Gustafsson. “The Board looks forward to further refining the deal with Declan and bringing Strukturinvest to the next level,” he adds.

In May of last year, Strukturinvest Fondkommission launched Hamiltonian Global Credit Opportunities Fund, a hedge fund part of the Nordic Hedge Index that focuses on global credit markets. The fund managed by Sean George searches for long, short, and relative value investment opportunities in large corporate bond markets globally. In addition to their hedge fund offering, Strukturinvest offers high net worth individuals and corporate clients custody solutions and deposits, with currently 15 000 custody clients – up from 10 000 clients the year before.