- Advertisement -
- Advertisement -

Related

New Structured Credit Fund Unveiled

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – After launching the first structured credit fund in Scandinavia in March of 2018, Stockholm-based asset manager Ymer SC is launching a second fund with the same strategy of capitalizing on illiquidity and complexity premia in the structured credit market. Ymer aims to hold the initial closing of the second fund, Ymer Alternative Credit, during January.

Hubert Warzynski, Portfolio Manager

“The second fund is receiving strong follow-on interest from existing investors in our first fund and is aiming for €250 million in assets under management,” Stefan Engstrand (pictured), the CEO of Ymer, tells HedgeNordic. The subscription period for new investors will open towards the end of the first quarter of 2020. The first fund, Ymer SC Fund 1, was launched in March 2018 and is currently on track to reach its longer-term return target after a very strong 2019. The fund generated a return above 20 percent net of fees last year.

Christian Fredriksson, Portfolio Manager

“We have a very well-diversified portfolio, broad mandate and an opportunistic approach, which we believe is very important when managing a portfolio in the current credit market environment,” says Engstrand. “We do seek to exploit alpha from time to time, but generally employ a long-term view on our investments, looking to harvest illiquidity and complexity premia.” Whereas Ymer Alternative Credit maintains a long-biased portfolio, the portfolio management team can selectively make use of hedges to manage risk, limit the volatility of the portfolio and hedge the credit risk of single-name issuers.

The portfolio management team consists of Stefan Engstrand, Hubert Warzynski and Christian Fredriksson, who have a combined experience of 50 years in trading, structuring, and risk managing structured credit securities and derivatives. Patrick De Muynck, with a long career as head of credit at EQT, serves as the chairman of Ymer SC.

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

Accendo-Backed SSH Secures Major Investment from Leonardo

While public and policy discussions around defence often focus on conventional weapons, many of today’s most active and frequent battles are unfolding in cyberspace....

Swedbank Robur Strengthens Private Equity Team

Swedbank Robur has appointed Lorenzo Gregory Sormani as co-portfolio manager of its private equity fund, Swedbank Robur Alternative Equity I, joining Senior Portfolio Manager...

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

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...

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.