Stockholm (HedgeNordic) – Sustainable investing-focused investment placement agent Worthwhile Capital Partners has expanded its senior advisory team with the hiring of Bengt Hellström (pictured), who stepped back from his role as AP3’s Head of Alternative Investments in early 2021 after 17 years on the role. Hellström will support Worthwhile Capital Partners in manager selection, fund due diligence and long-term strategy formation.
“Bengt’s long and impressive track record in alternative investing, together with the extensive network that he has built over the past couple of decades, will be a very welcome contribution to Worthwhile’s growing business ambitions for sustainable investing,” comments Christian Andersson, the Managing Partner at Worthwhile Capital Partners. “We are very excited to be working together with him in the years ahead.”
“Bengt’s long and impressive track record in alternative investing, together with the extensive network that he has built over the past couple of decades, will be a very welcome contribution to Worthwhile’s growing business ambitions for sustainable investing.”
Hellström has a long career in alternative investing, most recently at AP3, one of the five buffer funds within the Swedish public pension system. He served as AP3’s Head of Alternative Investments for 17 years until stepping down from this managerial role in January of last year to continue as a senior advisor focused on alternative investments until October last year. Hellström joined AP3 in late 2000 as Portfolio Manager in Private Equity. Before that, Hellström was a Partner and Investment Manager at EQT Partners for six years and a Vice President for corporate finance at Investor AB for an additional six years.
Worthwhile Capital Partners will continue to build its senior advisory board throughout 2022 and 2023 as part of its strategy to expand its advisory services to state pension funds, occupational pension funds, life insurers and foundations in Northern Europe. “While demand for sustainable investment opportunities from our investors has risen sharply over the past years, the number of fund managers aiming to capitalize on this has rapidly increased too,” says Christian Andersson.
“But several of these fund managers adopt a generalist approach to specialist investment strategies, which is why Worthwhile goes to great lengths identifying true specialist managers suitable for our growing European investor base,” he continues. “Our senior advisory board has a significant role in identifying and selecting suitable fund managers and direct investment opportunities, and we are now expanding our team further.”