- Advertisement -
- Advertisement -

Related

Afalon Scales Up Amid COO Hire

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Finnish asset manager Afalon Investment Management, which runs systematic managed futures fund NS Quant, has hired Benjamin Strabo as its Chief Operating Officer (COO). Strabo joins Afalon from Finnish advisory firm Verona International, where he served as COO for one and a half years.

“Welcome to the Afalon Team, Benjamin Strabo! Ben will lead our multi-family service offering.”

“Welcome to the Afalon Team, Benjamin Strabo! Ben will lead our multi-family service offering,” Markku Malkamäki, Afalon’s chairman and CIO, writes on LinkedIn. Before joining Verona International in Helsinki at the beginning of 2020, Strabo was the COO of Harmony Advisors, a leading multi-family office servicing ultra-high-net-worth families in Hong Kong, for a little more than three years. From mid-2002 to mid-2009, he served as an executive director in the securities division at Goldman Sachs in London, and then was responsible for hedge fund and institutional cross‐asset sales as a Vice President at Goldman Sachs in Hong Kong for an additional seven years.

In connection with last year’s agreement by Finnish investment services group Privanet Group to acquire Northern Star Partners, the former fund management company of NS Quant, Markku Malkamäki’s Afalon Investment Management acquired the NS Quant business and the fund. NS Quant returned 9.5 percent in its first year of operations in 2020 and is down 5.1 percent in the first eight months of this year. Afalon Investment Management is also in the process of launching another hedge fund, the Incomea Steady Opportunities ESG Sustainable Long Short Fund, managed by Afalon’s CIO Jaakko Soini.

 

Photo by Hunters Race on Unsplash

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

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...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

Aegon AM Launches Capital Call Finance Fund

Aegon Asset Management has launched the Aegon Capital Call Finance Fund, providing institutional investors with access to the capital call finance market – a...

Evli’s Co-Investment Strategy: Opening the Door to Direct Private Equity Deals

Co-investing alongside private equity funds has become increasingly important for institutional investors seeking greater control, reduced fees, and selective deal exposure. Once reserved for...

From Loans to Layers: Navigating the CLO Capital Stack

Collateralized Loan Obligations (CLOs) play an important role in credit markets by bridging the capital needs of corporate borrowers with the return objectives of...

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.