- Advertisement -
- Advertisement -

Related

Tessin Doubles Stake in Alfakraft Fonder

Industry Report

- Advertisement -

Stockholm (HedgeNordic) – Tessin, a Swedish digital investment platform for real estate financing, has agreed to double its stake in alternative asset manager Alfakraft Fonder by acquiring an additional 20 percent ownership. Pending regulatory approval, Tessin will hold a 40 percent stake in Alfakraft Fonder, solidifying its access to an institutional investor audience.

“By increasing our holding in Alfakraft, we ensure access to additional institutional capital, which is strategically important for us,” says Tessin’s CEO, Heidi Wik. “During the year, we strengthened our position as a lender to the property industry both through our acquisition of shares in Alfakraft and our agreement with Pollen Street Capital,” adds Wik. “We intend to continue on the path taken and further increase our access to capital through strategic agreements.”

“By increasing our holding in Alfakraft, we ensure access to additional institutional capital, which is strategically important for us.”

Tessin’s CEO, Heidi Wik.

Tessin and Alfakraft first partnered in 2021 to launch Fastighetsräntefonden, an open-ended, senior secured direct lending fund providing short-term financing for real estate projects. Building on this collaboration, Alfakraft plans to launch the Nordic Bridge Fund (SICAV Part II), a Luxembourg-based vehicle designed for both institutional investors and private individuals to invest in secured real estate loans. The new fund is set to open in the first quarter of 2025.

“Increasing our ownership in Alfakraft represents another step towards our goal of becoming a profitable growth company,” adds Heidi Wik. “There is a large and continuously increasing demand for real estate loans, which we can meet better with more and larger loans thanks to the fund and greater access to institutional capital,” she emphasizes. “The fund means that we can also provide better offers to our private investors.”

As a manager of alternative funds, Alfakraft houses several funds under its umbrella, including the hedge funds Brobacke Global Allokering and most recently Xcent Multi-Strategy. While hosted on Alfakraft’s platform, these hedge funds are operated independently by external portfolio managers.

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

Beyond Renewables: Coeli Fund Taps Into the Broader Electrification Race

Earlier this year, portfolio managers Vidar Kalvoy and Joel Etzler renamed their fund from Coeli Renewable Opportunities to Coeli Energy Opportunities – a move...

Three Danish Hedge Funds Recognized by the Hedge Fund Journal

Three Danish hedge funds have been recognized at the 2025 Hedge Fund Journal CTA and Discretionary Trader Awards. Two funds managed by Danske Bank...

Private Equity in Transition: Challenges and Opportunities

Private equity has matured into a mainstream – if not cornerstone – allocation for institutional investors. Following years of record fundraising and valuation expansion,...

Formue Highlights Private Credit’s Role in New Economic Era

Nordic wealth manager Formue has long prided itself on delivering institutional-grade investment solutions to high-net-worth individuals. As global economic conditions shift, Formue sees an important role...

Chelonia Select Builds on Solid 2024

Stock-picking hedge fund Chelonia Select is off to a strong start in 2025 with an 8.3 percent gain through the end of May, building...

CABA Capital Expands the Flex Series

Danish fixed-income boutique CABA Capital has launched the third vintage of its leveraged, closed-end fixed income strategy: CABA Flex3. The fund aims to deliver...

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.