- Advertisement -
- Advertisement -

Related

Going from Strength to Strength

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Whereas some private debt managers are facing difficulties in raising capital amid the coronavirus pandemic, Mandatum Life’s private debt investment programme goes from strength to strength. The Mandatum Life Private Debt IV investment basket raised investment commitments worth €84 million, more than the first closing of Mandatum Life Private Debt III.

“We are pleased that our customers have shown interest in the alternative programmes, even in the current market situation,” says Claes Siegfrids (pictured), Vice President, Investment Solutions at Mandatum Life. “We believe that the markets offer opportunities to patient, agile investors, and that it makes sense to pursue alternative programmes over the cycles,” he adds. Mandatum Life’s private debt investment platform raised €1.1 billion in assets from Finland, Sweden and Denmark since the beginning of 2016.

The Finnish insurer’s private debt investment vehicles rely on a co-investment model that allows Finnish and other Nordic institutional clients such as pension funds, foundations, major companies and other professional investors to continuously invest in private debt. “Our private debt programme is also a concrete example of successful co-investing,” Siegfrids emphasises. “Co-investing opens doors for our customers by enabling larger investment volumes, more favourable terms and an overall smoother investment process.”

According to the Financial Times, several large pension funds in the United States are looking to pour capital into private credit to capitalise on opportunities stemming from the coronavirus pandemic. Mandatum Life sees opportunities across private credit markets as well. According to Jussi Tanninen, Director, Alternatives at Mandatum Life, “in private debt, the market environment has become much more interesting especially when it comes to opportunistic strategies, and the level of activity is high in that area.”

Mandatum Life’s own loan strategy of investing in corporate credit raised a total of €75 million in investment commitments in a new opportunistic loan strategy by the end of April. The investment focus of the new loan strategy is to predominantly invest in the European and Nordic credit market, focusing on senior secured leveraged loans. Investor activity in other alternative assets such as private equity and real estate has been relatively muted. “In other illiquid asset classes, such as private equity and real estate, the market price has yet to find its level and few transactions are being made,” concludes Tanninen.

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

Origo’s Johansson Returns to Sohn Conference with High-Conviction Pick

Swedish stock-picking boutique Origo Fonder is gaining fresh recognition following a strategic transformation, strong performance, and growing assets. The firm’s evolution into an “Origo...

Commodities Lift CTAs Amid Turmoil

In June 2025, the NHX CTA Index was up as losses in stocks and bonds were outweighed by profits in commodities, but briefly erupting...

Finserve Global Security Fund Boosts Quant Edge with Martin Redgård

Under lead portfolio manager Joakim Agerback, the Finserve Global Security Fund has successfully capitalized on the global surge in defense, cybersecurity, and space investments...

Visio Allocator Storms Back After Difficult March

After posting the worst monthly performance in its 15-year history with a 13.7 percent decline in March, the team behind the multi-strategy Visio Allocator...

Sissener Expands Investment and Sales Teams with Senior Hires

Just months after bringing on Mads Andreassen as Investment Manager, Norwegian fund boutique Sissener AS continues to expand its team with two key additions....

Fenja Capital Deepens Bench as Analyst Moves to Full-Time Role

After earning his Master’s degree in Economics from Aalborg University, Anders Madsen has transitioned from a part-time role to a full-time analyst position at...

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.