- Advertisement -
- Advertisement -

Related

KLP’s Simon Johannesen Steps Down for Next Career Move

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Simon Johannesen, the long-serving portfolio manager of KLP’s market-neutral equity fund specializing in the energy sector, has resigned from Norwegian pension provider KLP to pursue new opportunities. Johannesen had co-managed the KLP Alfa Global Energi fund alongside Torkel Aaberg since early 2015, with David Bhatti joining in August 2022 after Aaberg’s departure from KLP following 13 years at the firm. Bhatti continues to manage the fund as KLP searches for a new co-portfolio manager.

“After 10 years of outstanding performance at KLP, Simon has decided to pursue other opportunities,” confirms Eyvind Holt, Head of Active Management at KLP. Johannesen officially resigned during the summer but continued to support the portfolio management team through August. His next career move has yet to be disclosed. In addition to his decade-long tenure at KLP, Johannesen’s career includes roles as an equity analyst at the soon-to-be-closed hedge fund firm Oslo Asset Management, and as a corporate finance consultant at McKinsey & Company.

“After 10 years of outstanding performance at KLP, Simon has decided to pursue other opportunities.”

Eyvind Holt, Head of Active Management at KLP.

Johannesen was a part of KLP Kapitalforvaltning’s active management unit, which currently comprises nine managers focused on active mandates within equities and fixed income. KLP Alfa Global Energi, one of the two hedge funds managed by KLP, is a market-neutral equity fund specializing in the energy sector, covering the entire energy value chain from exploration and production to transport, transformation, and consumption.

The fund has delivered strong performance in recent years, generating an annualized return of 15.6 percent over the past five years. KLP Alfa Global Energi is currently enjoying its sixth consecutive year of positive performance, including a 16.4 percent gain in the challenging market conditions of 2022 and its best-ever annual return of 23.9 percent in 2020. Since Johannesen began co-managing the fund nearly a decade ago, KLP Alfa Global Energi has achieved an annualized return of approximately 10 percent.

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

Peter Andersland Stays Cautious, Adds Convexity

Fund manager Peter Andersland had maintained a bearish economic outlook in recent quarters, and the tariff-related uncertainty and market volatility triggered by U.S. President...

Sissener Taps Mads Andreassen as Investment Manager

Norwegian fund boutique Sissener AS has strenghened its investment team with the appointment of Mads Andreassen as an investment manager, effective from the beginning...

From Trade Idea to Settlement: Tuning the Operational Engine to Unlock Performance Alpha

By Frank Glock, CRO, MAIA Technologies: Undoubtedly, performance alpha is seen as the universal standard for measuring the success of an investment firm. But...

How to Deal With Slippage

For any asset manager, as for managed futures traders, every fraction of a percent counts. Strategies are honed, backtested, and stress-tested across decades of...

From Selloff to Snapback: Policy Swings Define April for CTAs

In April 2025, the NHX CTA Index was down amid a major market selloff following U.S. President Donald Trump’s announcement of new tariffs, followed...

Sweden’s Hedge Fund Industry: Still a Nordic Powerhouse, But No Longer the Largest?

When strictly looking at the domicile of the management company, Sweden has been seen as home to Europe’s second-largest hedge fund hub by assets...

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.