Fri, May 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

SEB merges Key A. M. with its Stockholm alternative investment team

Wednesday, February 08, 2012

From Komfie Manalo, Opalesque Asia Nordic financial services group SEB has merged its London boutique Key Asset Management unit with its Alternative Investment Team (AIT) in Stockholm.

The move is part of SEB’s efforts to strengthen its alternative investment offering, the company said in a statement. Key has one of the oldest track records in the fund of hedge funds industry while the SEB AIT brings competence within the seeding and incubation business.

The merged team will be headed by Mikael Spångberg who will act as the managing director in Stockholm while Chris Rule will act as the deputy and chief investment officer in London.

Spångber and Rule have collaborated informally for the past few years and SEB is optimistic that the synergy between the two investment teams would bring different specialities to the new venture.

The merging of the two units also coincided with the decision of Chris Jones to leave Key after seven years.

Background Other major announcement for SEB early this year was the launch of its Asian real estate UCITS-compliant fund, which was aimed at giving international and high net worth investors to tap the growing regional market.

In December last year, rating agency Standard & Poor's ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit