Fri, Oct 23, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Proxy P rolls out three new energy funds

Friday, March 29, 2019

Bailey McCann, Opalesque New York for New Managers:

Swedish energy-focused asset manager Proxy P Management AB recently launched three long/short equity funds to complement its suite of long-only products. The funds - Proxy Long/Short Energy, Proxy Global Energy and Proxy Renewable Long/Short Energy, are designed to offer unique, concentrated exposures to the energy market.

Proxy Long/Short Energy invests in the full spectrum of energy companies using a fundamental discretionary trading strategy. Proxy Global Energy and Proxy Renewable Long/Short Energy, are long-biased funds that offer more limited exposures. Proxy Global Energy invests in oil and natural gas companies. Proxy Renewable Long/Short Energy invests in renewable energy and energy tech.

The management team, which includes Hans Berglund and Dan Lindstrom first came together as proprietary energy traders at Fortum Generation, the Swedish energy utility company. Based on that experience, the team has created its energy strategies, which provide exposure to the energy market while aiming for low overall volatility in the portfolio.

For Proxy Long/Short Energy, the portfolio management team identifies its investment targets thematically, based on an assessment of macro factors that impact the energy market. "Our analysis always starts from the energy side of things," Dan Lindstrom says in an interview with Opale......................

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. PE/VC: Coronavirus triggers borrowing spree by private equity managers, Venture capital investments reach new high in Brazil, Private-equity giants are racing to sell assets before year-end[more]

    Coronavirus triggers borrowing spree by private equity managers From FT: Private equity managers are turning to specialist borrowing facilities to ensure their highly leveraged strategies can survive the coronavirus pandemic, but there are growing concerns that the use of these complex f

  2. What's behind Viking's strong gains[more]

    From Institutional Investor: Viking Global Investors had strong performance in its three main funds in the third quarter, bringing gains for the year into the mid-to-upper teens. The Tiger Cub hedge fund firm, co-founded by O. Andreas Halvorsen, is far outperforming the broad-market averages a

  3. PE/VC: A record number of private equity funds are in the market - but closing them won't be easy, PE firms must be prepared to face challenges across each fund vintage, Wall Street is helping private equity recycle its old assets[more]

    A record number of private equity funds are in the market - but closing them won't be easy From Institutional Investor: Although there are a record number of private equity funds in the market, they are raising money at a slower pace, delaying fund closes, according to new data from Pre

  4. Franklin Templeton creates new unit with QS Investors[more]

    Laxman Pai, Opalesque Asia: Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit. Effective Oct. 1, the combined business, called Franklin Templeton Investment Sol

  5. Opalesque Exclusive: A.W. Jones emerging manager fund of funds passes three year milestone, up +12.61% through August[more]

    Bailey McCann, Opalesque New York for New Managers: An emerging manager fund of funds from A.W. Jones has just passed its three-year milestone and is outperforming so far this year. The fund was up 3.29% in August a