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Catella Completes Fund Business Divestiture

Report: Systematic Strategies

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Stockholm (HedgeNordic) – During the summer of last year, Catella AB agreed to sell a majority stake in its fund management arm, Catella Fondförvaltning, to Swedish investment company Athanase Industrial Partner. Catella has now used the right to sell the remaining stake of 30 percent in Catella Fondförvaltning to Athanase for SEK 60 million.

“I am pleased that we have taken additional steps on our journey towards a real estate focused company,” comments Christoffer Abramson, the CEO of Catella. “Looking ahead we can fully allocate our resources to developing and growing our three business areas: Catella’s market leading Corporate Finance advisory services, Property Investment Management with assets under management of SEK 112 billion, and our own Principal Investments of SEK 800 million in development projects across Europe.”

“I am pleased that we have taken additional steps on our journey towards a real estate focused company.”

Catella Fondförvaltning used to be Catella’s wholly-owned subsidiary engaged in active and alternative asset management for private and institutional investors. The company has been engaged in fund management since 1998 and currently has a fund range within equities, credits, and hedge funds. Three funds under the umbrella of Catella Fondförvaltning are part of the Nordic Hedge Index, with the three funds overseeing SEK 3.6 billion in assets under management as of the end of November.

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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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