- Advertisement -
- Advertisement -

AP4 Boosts Alternatives Team

- Advertisement -

Stockholm (HedgeNordic) – Hanna Ideström has recently joined the Alternative Investments team at AP4, one of the buffer funds in the Swedish state pension system, as a Senior Portfolio Manager. “Given my previous background from direct investments within the buyout segment, much of my focus at AP4 will be within the Private Equity space,” says Ideström.

According to AP4, “Hanna’s experience in Private Equity strengthens the AP4 Alternatives team and supports AP4’s ambitious agenda to increase the exposure to Alternative Investments including Private Equity over the coming years, in light of the new AP Funds Act.” In November 2018, the Swedish Parliament decided on changed rules for the AP funds, allowing greater flexibility regarding how the AP fund can allocate their capital. The rules took effect during last year and allow the AP Funds to invest a higher proportion of their capital in illiquid assets, among other things.

The Alternative Investments unit at AP4 that Ideström joined is responsible for investments in unlisted companies and illiquid assets such as unlisted property companies, private equity funds and illiquid credits. AP4’s exposure to unlisted investments had been relatively small due to the previously restrictive rules. The pension fund plans to increase its allocation to alternatives in the current low-return environment. Jenny Askfelt Ruud, who joined AP4 as Head of Alternatives in September 2018, previously said that “with the new rules in place, my new colleagues and I are looking forward to developing AP4’s strategy and position in alternative investments and working further with integrating sustainability in our investment process.”

close

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

Most Popular This Week

Request for Proposal

- Advertisement -

Latest Articles

A COO for Protean’s Growth Journey

Stockholm (HedgeNordic) – The founding duo of the newly-launched Swedish hedge fund Protean Select has appointed Daniel Mackey as the Chief Operating Officer of...

Tor Svelland’s Fund Tops the Ranking

Stockholm (HedgeNordic) – One month to the end of the year, Svelland Global Trading Fund of Norwegian Tor A. Svelland takes the top spot...

Will Equities Bottom Out Like in 1974?

Stockholm (HedgeNordic) – Growing signs that price pressures are easing suggest inflation may have peaked, which has some market participants wondering whether equity markets...

Rising Mortgage Rates and Falling Stock Prices

Copenhagen – (Jesper Rangvid): During 2022, mortgage rates have risen and stock prices have fallen, both negatively influencing households’ consumption possibilities. But how much...

The Spectacular Unspectacular 20th Anniversary

Stockholm (HedgeNordic) – Reaching the 20th anniversary in the often short-lived and fast-paced hedge fund world is quite an achievement. In fact, some activity...

Head of Research Havnen Leaves CARN

Stockholm (HedgeNordic) – Harald Havnen is leaving CARN Capital and his role as Head of Research to join Norway’s largest pension fund advisor Gabler...