Stockholm (HedgeNordic) – Cecilia Biveson is the newly appointed CEO of Mikael Petersson’s Coeli Group-backed fund management firm Coeli European AB. Biveson, who joined Malmö-based Coeli European in May 2021 to focus on institutional sales, will continue to be active in sales in addition to taking responsibility for managing the company’s day-to-day operations.
Biveson moved to Stockholm and joined Coeli European – co-owned by founder Mikael Petersson, his team and Stockholm-based Coeli Group – after having worked for almost 20 years in London. She started her career working for Neil Richardson, who was a founding partner of KKR in Europe, for eight years. She then moved on to establish a multi-asset fund and subsequently worked in roles servicing the hedge fund industry at UBS Global Asset Management’s Alternative Fund Services business, which was later acquired by MUFG Investor Services.
“My new role as CEO mainly means that I take responsibility for the day-to-day operations of Coeli European AB.”
“My new role as CEO mainly means that I take responsibility for the day-to-day operations of Coeli European AB. It feels great to step into the new role, I like challenges and constantly renewing my knowledge and experience,” Biveson comments on her new role. “Going forward, we will work with the mandates we have today and develop both the management and the business operations of the company,” she continues. “Our focus is on our customers and we will work solidly to deliver a premium service to them while allowing the company to grow in a positive and efficient way.”
Mikael Petersson worked at renowned London-based hedge funds Lansdowne Partners and Kairos Investment Management before co-founding Coeli European under the umbrella of Coeli Group to launch long/short equity fund Coeli Absolute European Equity in 2018. The Malmö-based money manager and his team currently run two additional funds and an initial $250 million mandate by a sovereign wealth fund that mirrors the long/short equity fund’s concentrated long portfolio. The two additional vehicles include long-only equity fund Coeli European Opportunities and Absolute Unlisted, which focuses solely on investing in unlisted companies.