Facebook Twitter Instagram
    • About
    • Subscribe
    • Contact
    • Report Library
    • Manager Login
    Facebook Twitter LinkedIn RSS
    HedgeNordic
    • Home
    • Allocator Angle
    • Report Library
    • Nordic Hedge Award
      • Nominations 2021 Nordic Hedge Award
      • Rookie of the Year
      • Jury Board
      • Historic Winners
      • Statistics
    • Nordic Hedge Index
    • Webinars & Podcasts
    HedgeNordic

    Approval Granted for Adrigo Takeover

    Eugeniu GuzunBy Eugeniu Guzun04/03/2020No Comments
    Facebook Twitter LinkedIn Email

    Stockholm (HedgeNordic) – Beginning with April, Stockholm-based asset manager East Capital will manage Adrigo Hedge and Adrigo Small & Midcap L/S following approval from Finansinspektionen, the Swedish Financial Supervisory Authority. This follows East Capital’s agreement to acquire hedge fund firm Adrigo Asset Management in November of last year.

    On February 28, Finansinspektionen granted Adrigo Asset Management permission to transfer the management of the two hedge funds to East Capital Asset Management. Adrigo Asset Management has also delegated the portfolio managers of the funds to an affiliate of East Capital. The funds will be managed under the brand “Adrigo Asset Management” and will benefit from “additional management expertise, organization and distribution channels provided by the East Capital Group,” according to an announcement. The transfer of the management of Adrigo Hedge and Adrigo Small & Midcap L/S takes place on April 1.

    Both funds will continue to be managed with the same principle of delivering absolute returns with a low and controlled risk-return profile. However, East Capital “intends to contribute to the fund management with institutional management experience, especially with regard to sustainability and ownership matters, as well as to provide with resources for further development of the investment team.”

    According to the announcement last year, Staffan Östlin (pictured) and Johan Eriksson continue to manage Adrigo Small & Midcap L/S under the umbrella of East Capital. The stock-picking hedge fund searching for long and short opportunities in the small- and mid-cap space in the Nordics returned 23.4 percent since launching in November 2017. The fund gained 14.1 percent last year and 8.7 percent in 2018. Adrigo Small & Midcap L/S has been named “Best New European Hedge Fund” at the 2019 Eurekahedge Global Hedge Fund Awards. East Capital, however, will add new resources to the management of Adrigo Hedge, Adrigo’s first hedge fund launched in December 2016.

    Share. Facebook Twitter LinkedIn Email
    Previous ArticleCapital Four Crowned Best in High Yield
    Next Article Elementa’s X-Factor Stocks Avoid Turmoil
    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.

    Related Posts

    One Nordic Cross Hedge Fund is Liquidating

    CTAs Starting Summer on a High Note

    Nordic Quant Funds Win Awards

    Add A Comment

    Leave A Reply Cancel Reply

    Time limit is exhausted. Please reload CAPTCHA.

    Most read today:
    • One Nordic Cross Hedge Fund is Liquidating
    • Janus Henderson Onboards Danske Bank’s EMD Team
    • Nordic Hedge Award – Main
    • St. Petri Readying Launch of Long-Only Fund
    • Lower no Longer: Cash & Carry in the Emissions Markets
    • The Boutique Premium
    • In-Depth: Inflation Protection

    Ukraine, Supply-Chain Shortages and Soaring Prices – Accelerators of Sustainable Development

    18/05/2022

    New Theme: Real Income Destruction

    17/05/2022

    Blockification

    16/05/2022

    The Inflation Puzzle

    12/05/2022
    Promotion:
    Video: Manager Interviews
    https://www.youtube.com/watch?v=tni7dQvQrmo

    Subscribe to our newsletter

    HedgeNordic: Your Single Access Point to the Nordic Hedge Fund Industry!

    Check your inbox now to confirm your subscription.

    Most read articles this week:
    • Janus Henderson Onboards Danske Bank’s EMD Team
    • Are We in for a Soft Landing?
    • PFA Hires PM from Hedge Fund Space
    • AIFM Group Adds Art to Suite of Offerings
    • Nordic Hedge Award – Main
    • Lower no Longer: Cash & Carry in the Emissions Markets
    • Recent
    • NHX
    • In Depth

    One Nordic Cross Hedge Fund is Liquidating

    30/06/2022

    St. Petri Readying Launch of Long-Only Fund

    29/06/2022

    AIFM Group Adds Art to Suite of Offerings

    29/06/2022

    Head of Alts Jumps Ship to Join AP Pension

    28/06/2022

    Month in Review – May 2022

    22/06/2022

    Month in Review – April 2022

    12/05/2022

    Follow Your Favourite Hedge Fund

    11/05/2022

    Month in Review – March 2022

    13/04/2022

    Ukraine, Supply-Chain Shortages and Soaring Prices – Accelerators of Sustainable Development

    18/05/2022

    New Theme: Real Income Destruction

    17/05/2022

    Blockification

    16/05/2022

    The Inflation Puzzle

    12/05/2022
    Newsletter Subscription:
    Most Recent Posts:

    One Nordic Cross Hedge Fund is Liquidating

    30/06/2022

    St. Petri Readying Launch of Long-Only Fund

    29/06/2022

    AIFM Group Adds Art to Suite of Offerings

    29/06/2022

    Head of Alts Jumps Ship to Join AP Pension

    28/06/2022

    Janus Henderson Onboards Danske Bank’s EMD Team

    27/06/2022
    Publisher

    Nordic Business Media AB
    Corporate No.: 556838-6170
    BOX 7285
    SE-103 89 Stockholm, Sweden

    VAT No.: SE-556838617001
    Tel.:+46 (0) 8 5333 8688
    Mob.: +46 (0) 7 06566688
    Email: info@hedgenordic.com

    STAY INFORMED

    HedgeNordic: Your Single Access Point to the Nordic Hedge Fund Industry!

    Subscribe to our newsletter:

    Check your inbox now to confirm your subscription.

    RSS Hedge Fund Job Digest
    • Sr. Associate 30/06/2022
    • Data Analyst 30/06/2022
    • Fund Operations Analyst 30/06/2022
    • Fund Analyst 30/06/2022
    • Data Analyst 30/06/2022
    • Director, Alternative Specialists 30/06/2022
    • Asset Management Associate 30/06/2022
    • Python Automation Engineer 30/06/2022

    Copyright © 2022 Nordic Business Media AB

    © 2022 Nordic Business Media AB
    • About
    • Cookie Policy
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.

    We are using cookies to give you the best experience on our website.

    HedgeNordic
    Powered by  GDPR Cookie Compliance
    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.

    Strictly Necessary Cookies

    Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.

    If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.