Stockholm (HedgeNordic) – Stefan Skrimsjö has been appointed as the new manager of Kreditfonden’s Scandinavian Credit Fund I and Nordic Factoring Fund to replace founder and CIO Fredrik Sjöstrand, who will switch to working full time at Kreditfonden’s sister company Riddargatan Förvaltning. This sister company operates as an owner company of the loans where the two lending funds have realized pledged assets.

“Acting manager Stefan Skrimsjö has previously been involved in Scandinavian Credit Fund I’s management during the period 2016 to 2019. We now welcome him back,” announces Kreditfonden founder Fredrik Sjöstrand. Skrimsjö had been part of the investment management team running Scandinavian Credit Fund I as senior portfolio manager between January 2016 and August 2019.

“Acting manager Stefan Skrimsjö has previously been involved in Scandinavian Credit Fund I’s management during the period 2016 to 2019. We now welcome him back.”

Skrimsjö has extensive experience as a senior executive and as an entrepreneur primarily focusing on financial markets, having previously served as the CEO of Verdispar Securities in Sweden and CEO and founder of Shepherd Energy, a securities company in electricity trading. He was also director and founder of primary dealer in the Finnish bond market Evli Penningmarknad and sernior vice president at both Union Bank of Finland and Den norske Creditbank in Gothenburg.

Stefan Skrimsjö will be responsible for managing both Kreditfonden’s Scandinavian Credit Fund I and Nordic Factoring Fund. Kreditfonden has become a significant player in the market for direct loans to Nordic companies since launching its first direct lending fund, Scandinavian Credit Fund I, in 2016. Scandinavian Credit Fund I provides senior secured loans to small and mid-sized companies in Scandinavia. Kreditfonden’s second fund, Nordic Factoring Fund, focuses on the Nordic market for factoring loans.