- Advertisement -
- Advertisement -

Related

Brummer & Partners Teams Up with Ex-Millennium Portfolio Manager

Latest Report

- Advertisement -

Stockholm (HedgeNordic) – Brummer & Partners is backing the launch of a fundamental long/short equity hedge fund managed by former Millennium Management portfolio manager, Priya Kodeeswaran. The soon-to-be-launched hedge fund under the umbrella of Katamaran Capital is set to launch in early 2024 and will receive a $350 million investment from Brummer Multi-Strategy (BMS) right from the outset.

Priya Kodeeswaran’s strategy will be supported by Brummer & Partners’ risk management infrastructure and the expertise of the BMS portfolio management team. “My prior strategies have always been focused on the philosophy of generating alpha out of change,” explains Kodeeswaran. “The current market environment is full of change and we plan to use our dispersion lens to generate returns which are alpha-dominated,” he elaborates. “We chose Brummer due to its partnership approach, longer duration horizon, and for the opportunity to truly diversify our investor base.”

“We chose Brummer due to its partnership approach, longer duration horizon, and for the opportunity to truly diversify our investor base.”

Kodeeswaran boasts 26 years of experience as a portfolio manager and trader, specializing in innovative companies. Before founding Katamaran Capital, he held portfolio manager positions with a similar focus at Millennium Management, Man GLG, and RWC Partners. After four years as a senior portfolio manager at Man GLG, Kodeeswaran launched an innovation/disruption-focused equity long/short strategy at Millennium Management in late 2020. Zhancheng Li, who worked with Kodeeswaran at Millennium and Man GLG, is also a co-founder of Katamaran Capital and serves as Head of Research.

Priya Kodeeswaran and Zhancheng Li will employ a fundamental long/short equity strategy with a focus on the technology, media and telecommunications, and consumer discretionary sectors in the United States and Western Europe. The team will pursue alpha by capitalizing on dislocations resulting from earnings or performance dispersion, often driven by change and innovation. Brummer Multi-Strategy, which maintains a well-diversified portfolio of strategies managed within Brummer & Partners, will allocate to Katamaran Capital’s strategy from day one.

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

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...

From Rocky Starts to Solid Returns and Milestones

Lynx Asset Management, best known for its flagship trend-following program Lynx, has in recent years expanded its product offering with the launch of Lynx...

Europe’s Infrastructure Transformation: Where the Smart Money is Going

Infrastructure is at the heart of Europe’s economic transformation. Richard Marshall, Head of Infrastructure Research at DWS, explores how subsectors like data centres, renewable...

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.