- Advertisement -
- Advertisement -

Healthcare Specialist Departs St. Petri to Start Own Venture

- Advertisement -

Stockholm (HedgeNordic) – Less than three months after joining St. Petri Capital as Partner and Portfolio Manager, healthcare specialist Claus Johansen has decided to leave the Danish hedge fund boutique and launch his own firm Global Health Invest. Johansen’s move comes shortly after St. Petri Capital abandoned its plans to launch a long-only European small-cap fund due to fundraising challenges as an independent asset manager boutique.

Johansen, who has a nearly 20-year tenure as a healthcare-focused portfolio manager at Danske Bank, joined St. Petri Capital earlier this year to launch a global long-only healthcare fund. The St. Petri Global Healthcare Fund was expected to launch in the second half of 2023. Johansen has now opted to establish his own fund.

“…now it is time for a new adventure. I have chosen to run my very own fund under my own auspices.”

“Thanks to St. Petri Capital, Jens Wiberg Larsson, Henrik Dahlin, and Johann Grøndahl for the last few months of good sparring,” writes Johansen on LinkedIn. “But now it is time for a new adventure. I have chosen to run my very own fund under my own auspices.” With the new fund, Johansen intends to provide Danish investors with an investment alternative in the broad healthcare sector. “It’s a super concentrated portfolio where I also invest my own wealth. I have ‘my hand on the hob,’ so to speak,” according to Johansen.

Similar to the strategy planned for the St. Petri Global Healthcare Fund, Johansen will focus on identifying profitable businesses with management teams that excel in capital allocation and offer solutions benefiting patients and society. “I have invested in the global healthcare sector for the past 19 years, and have therefore seen and tried a little of everything. I have a thoroughly tested investment process,” he writes on LinkedIn. “The investment strategy has been tested for the last five years, and has continuously created the additional performance that I had hoped for but did not dare dream of.”

The planned launches of the European small-cap fund and the healthcare-focused fund of Claus Johansen were intended to complement St. Petri Capital’s existing core offering, consisting of a thematic-focused long/short equity fund. Managed by co-founders Michal Danielewicz and Jens Larsson, St. Petri L/S has achieved an annualized return of approximately 13 percent since its inception in early 2018 after recording a 98 percent gain in 2020. The fund recorded a gain of 4.7 percent in the difficult market conditions of 2022 and experienced a decline of 5.2 percent in the first four months of 2023.

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

Estlander Awaiting the Black Swan

Stockholm (HedgeNordic) – Finnish systematic asset manager Estlander & Partners has been in the business of providing so-called “crisis alpha” for decades through one...

Niche Opportunities in Private Credit Amid Record Dry Powder Levels

Stockholm (HedgeNordic) – The evolution of private credit as an asset class has been remarkable, attracting increasing allocations from investors. Assets under management by...

Tidan Readies Systematic Macro Launch with Linus Nilsson

Stockholm (HedgeNordic) – Stockholm-based fund boutique Tidan Capital is broadening its suite of strategies with the upcoming launch of its systematic macro initiative in...

Chelonia to Embrace Long-Biased Strategy

Stockholm (HedgeNordic) – Despite securing a spot among the top 15 best-performing Nordic hedge funds this year as a market-neutral fund, Chelonia Market Neutral...

Nykredit Hedge Funds Battle to Reverse Downtrend in Assets

Stockholm (HedgeNordic) – Despite showing improved performance, the fixed-income hedge fund trio at Nykredit Asset Management is struggling to reverse a downward trend in...

“Boring” Short Sellers Partner with Sector for Fund Launch

Stockholm (HedgeNordic) – Renowned short seller Andrew Left has been quoted as saying that short sellers are becoming “a dying breed.” Despite the departure...

Allocator Interviews

Latest Articles

In-Depth: High Yield


Request for Proposal

- Advertisement -