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New CEO at Catella Funds

Report: Systematic Strategies

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Stockholm (HedgeNordic) – Fredric Calles has been appointed as the new CEO of Catella Fondförvaltning (Catella Funds), Catella’s active and alternative asset management arm that is now 70 percent-owned by Athanase Industrial Partner. The former CEO, Erik Kjellgren, has left his position with immediate effect.

“In connection with Catella AB selling 70 percent of Catella Funds to Athanase Industrial Partner, the company enters a new phase, which requires a new leadership,” Johan Claesson, the acting CEO of Catella AB and Chairman of the Board of Catella Fondförvaltning, says in a press release. “Fredric Calles’ solid experience of building strong innovative organizations together with a deep knowledge of risk management makes him the right person to lead Catella Funds,” he continues. “The accession has also taken place in consultation with Athanase.”

Fredric Calles has most recently served as Head of Alternative Investments at Catella. Before joining Catella in 2018, Calles was a member of group management at AB Industrivärden, where he worked as Head of Asset Management and Head of Investments, as well as served as the CEO of its subsidiary Nordinvest. Calles spent about 15 years at AB Industrivärden. Prior to that, he was Head of Trading at Alfred Berg for seven years. Fredric Calles took over as acting CEO of Catella Fondförvaltning as of August 12 and will undergo the usual management review at the Swedish Financial Supervisory Authority.

In early June, Swedish investment company Athanase Industrial Partner announced the acquisition of a 70 percent-stake in Catella Fondförvaltning, the active and alternative asset management arm of Catella AB. Catella and Athanase also agreed on a strategic partnership to “assure good management of existing products while significantly raise the ambition level for new product launches.” Catella Fondförvaltning had 13 active funds at the time of the announcement, four of which are members of the Nordic Hedge Index. The equity funds, hedge funds and fixed-income funds under the CFF umbrella had SEK 20.2 billion under management at the end of the first quarter of 2020.

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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

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