Following two earlier additions this year, ALCUR Fonder continues to expand its portfolio management team at a notable pace. The Stockholm-based hedge fund boutique has announced the hiring of Eric Danckwardt-Lillieström as a portfolio manager, joining from Swedbank Robur.
“We are very pleased to welcome Eric to the ALCUR Fonder team,” the firm announces. Danckwardt-Lillieström spent nearly seven years at Swedbank Robur, including the past four as a portfolio manager with a focus on global equities. He most recently served as lead portfolio manager of the global equity fund Swedbank Robur Fokus.
“A new chapter! After seven fantastic years at Robur, I’m now incredibly happy to become part of the ALCUR team,” Danckwardt-Lillieström announces on LinkedIn. At ALCUR Fonder, he will maintain his focus on global equities. While the boutique runs three equity funds with a primary focus on the Nordic region, the mandate is not strictly limited to the Nordics.
“A new chapter! After seven fantastic years at Robur, I’m now incredibly happy to become part of the ALCUR team.”
ALCUR Fonder manages three investment vehicles with a combined €1.1 billion in assets as of year-end 2024. Its flagship fund, ALCUR Classic – a low-net long/short equity strategy focused on the Nordic region – accounts for roughly three-fifths of the total assets. ALCUR Select, a higher-risk, higher-return long/short equity fund, manages €382 million, while long-only equity fund ALCUR Grow oversees around €85 million.
Danckwardt-Lillieström’s arrival follows the recent addition of Karl Norén, who joined the team as a portfolio manager after three years as a Nordic small-cap analyst at SEB. Earlier this year, the firm also announced the appointment of veteran stockbroker Per Flöstrand as a portfolio manager for ALCUR Classic, following the departure of fund manager Erik Eikeland. With these recent hires, ALCUR Fonder is bolstering its investment team as it continues to build on the solid momentum of its equity strategies.