Stockholm (HedgeNordic) – Harald Havnen is leaving CARN Capital and his role as Head of Research to join Norway’s largest pension fund advisor Gabler Investments as Senior Portfolio Manager. Havnen, who joined the Olso-based boutique fund manager in August 2018, will start his new journey at Gabler Investments in January next year.
“After four wonderful years at CARN, I am excited to announce that I will be joining Gabler Investments as Senior Portfolio Manager,” Havnen announces on LinkedIn. “The official start is set for after New Year’s.” Havnen joined CARN Capital as a senior analyst in mid-2018 and transitioned to his current role as Head of Research two years later. The boutique fund manager was co-founded by Andreas Bomann-Larsen and Christer Bjørndal in 2015.
“After four wonderful years at CARN, I am excited to announce that I will be joining Gabler Investments as Senior Portfolio Manager.”
Harald Havnen started his career in the investment banking division of J.P. Morgan in 2004, specializing in mergers and acquisitions. In 2007, he joined the investment management division of Norwegian conglomerate Orkla ASA, Orkla Investment Management – a division with $3.5 billion in assets under management. In 2012, Havnen co-founded independent and actively managed investment firm Solsten AS, which was subsequently acquired by competitor firm Arctic Fund Management in the summer of 2016.
Norwegian asset manager CARN Capital currently manages two funds: long/short fundamental equity fund CARN Latitude and long-only equity fund CARN Longitude, a carve-out of Latitude’s long book. CARN Latitude is a concentrated, long-biased fund typically maintaining a net market exposure between 60 to 80 percent to sustainable Nordic medium-sized public companies. The fund has generated an annualized return of 8.8 percent since launching in late 2015 despite ending the first ten months of 2022 down about 18 percent.