- Advertisement -
- Advertisement -

Related

Mangold Buys More of KredFin

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Mangold AB has agreed to buy an additional 18.4 percent stake in KredFin, formerly Skandinaviska Kredifonden, to become the largest owner with an ownership stake of 45.6 percent. KredFin provides alternative financing to Nordic companies through alternative investment funds such as its flagship direct lending vehicle Scandinavian Credit Fund I.

With this agreement, Mangold is set to increase its ownership stake in KredFin from 27.2 percent to 45.6 percent. The purchase price for the additional stake of 18.4 percent amounts to about SEK 18.4 million, paid through newly-issued Mangold shares corresponding to about SEK 9.2 million and a cash payment of SEK 9.2 million. The acquisition is subject to the approval of the Swedish Financial Supervisory Authority.

“We have seen that KredFin has generated a good return and we have high hopes that we can continue to develop KredFin’s business.”

“Mangold has for a longer period intended to diversify the group’s income. Investments in associated companies are an important part of increasing recurring revenue that is not directly correlated with Mangold’s operations,” comments Per-Anders Tammerlöv (pictured), CEO at Mangold. “We invested in KredFin for the first time in 2016 and now see an opportunity to increase our ownership at an attractive price,” he continues. “We have seen that KredFin has generated a good return and we have high hopes that we can continue to develop KredFin’s business.”

KredFin’s two largest alternative investment funds include Scandinavian Credit Fund I and Nordic Factoring Fund. Scandinavian Credit Fund I offers direct lending to small and medium-sized companies that need financing for expansion, investment, restructuring, or other needs. Kreditfonden’s second fund, Nordic Factoring Fund, focuses on the Nordic market for factoring loans. KredFin oversees assets under management in excess of SEK 4.8 billion.

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

Opportunities Lie Beneath Aggregate Credit Spreads

Credit spreads across the United States and Europe have tightened to historically low levels, leaving limited reward for simply holding long credit positions. This...

European Alternative Investments Conference 2025

More than 200 practitioners, academics and thought leaders met in Copenhagen for the second European Alternative Investments Conference, hosted by Finansforeningen, CFA Society Denmark...

Playing ‘Moneyball’ for Investors

Having managed the opportunistic hedge fund Pensum Global Opportunities under the Pensum Asset Management umbrella since 2022, Sector co-founder Peter Andersland has now established...

One Big Winner Lifts Accendo Into the Top Ten

When your portfolio holds six names, one big winner can move the needle in a major way. For Accendo Capital, September proved just that....

Slim Nordic Line-Up at HFM Awards

With Intelligence has revealed the shortlist for the HFM European Performance Awards 2025, featuring an unusually small number of Nordic hedge funds among this...

Record Gold, Rising Momentum

The NHX CTA Index gained in September 2025, supported by a broad-based trend environment. Most of the profits came from precious metals, as gold...

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.