- Advertisement -
- Advertisement -

Related

Truepenny Appoints CEO in Launch Preparation

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Truepenny Capital Management founded by CIO Thomas Orbert, a former portfolio manager at Swedish hedge fund Nektar Management, has appointed Thomas Lönnerstam as Chief Executive Officer. The new appointment will support Truepenny Capital in the upcoming launch of Truepenny Global Macro, which is set to combine a set of strategies such as a fully systematic asset allocation strategy and a macro relative value strategy.

“I’m happy to share that I’m starting a new position as Chief Executive Officer and Partner at Truepenny Capital Management,” Thomas Lönnerstam (pictured) announced on LinkedIn. Lönnerstam brings extensive experience in the banking and insurance industry, having held various senior roles at Nordea Liv & Pension Sverige, Danske Bank Sverige, and Nordea. Most recently, he served as Head of Sales and Financial Crime Officer at Nordea Liv & Pension Sverige for over six years. Lönnerstam began his career at SEB in 1989, where he spent 16 and a half years in various roles.

“This is an important step toward launching and growing our fund Truepenny Global Macro.”

“We are very happy and excited to welcome Thomas Lönnerstam to Truepenny Capital Management as CEO and partner,” expressed the team at Truepenny Capital Management. “This is an important step toward launching and growing our fund Truepenny Global Macro.” After a career spanning over 20 years as a quant researcher and portfolio manager at leading banks and hedge funds, Thomas Orbert founded Truepenny Capital Management in 2020. Truepenny is in the process of launching Truepenny Global Macro, which aims to provide investors with stable risk and an inflation hedge by employing a diverse range of trading strategies. These strategies include fully systematic proprietary asset allocation, relative value strategies, and model-based macro strategies focused on inflation risks. The fund is scheduled to launch in the autumn of 2023.

Additionally, Truepenny Capital Management has hired Jonas Davis as a summer analyst focusing on monetary and liquidity research. “Super happy to welcome Jonas Davis as a summer analyst. Looking forward to working with you,” Truepenny announces on LinkedIn. “Truepenny is an early-stage hedge fund, currently operating in Stockholm, Sweden, and I look forward to continuing my work abroad,” comments Davis, a student at Vassar College in New York.

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

Tidan to Launch Confluence, Its Integrated Multi-Strategy Fund

Stockholm-based Tidan Capital is preparing to launch Confluence, a new multi-strategy vehicle that brings the boutique’s internally managed strategies under one umbrella. The fund,...

State Pension Fund of Finland Sees Strong Hedge Fund Gains

The first half of 2025 brought a complex market backdrop shaped by shifting macroeconomic trends, tariffs, geopolitical uncertainty, and volatile investor sentiment. Although returns...

Espiria Rolls Out Long-Only Fund Led by Staffan Östlin

After more than a decade of picking stocks on both the long and short side, veteran fund manager Staffan Östlin is now running a...

The “Magic of Three”: Protean Select Turns Milestone into Major Allocation

Reaching the three-year mark is a key milestone and often a turning point for any emerging hedge fund. For Protean Select, the opportunistic equity...

Twelve Years On, Nordkinn Expands with Two PMs and Advisor

Twelve years after its inception, Nordkinn Asset Management is entering a new growth phase, expanding its investment team with the appointments of Arian Kalantari...

Merger Cleared: Carlsson Norén to Transition Funds to UCITS

After nearly two decades as an independent fund manager, Carlsson Norén Asset Management is joining Meriti Capital, following regulatory approval from Finansinspektionen. Its two...

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.