Case Hedgefond, a multi-strategy Swedish hedge fund that once managed more than SEK15bn (€1.29bn), is set to merge into Case Fonder’s credit hedge fund, Case Credit Opportunity, after assets dwindled to just €100m.
Launched in 2004 by Catella, Case Hedgefond has historically blended long-short equity and fixed-income investing. The newly formed entity will offer investment strategies including equities, fixed income and alternative assets, co-led by Lars Andersson, former CEO of Case Hedgefond, and Anna Johansson, former Managing Director of Case Credit Opportunity.
In a statement, Johansson said: “This merger allows us to enhance our market position and provide our investors with access to a broader range of investment strategies. We are confident that the combined entity will be well-positioned to navigate the complexities of the global financial markets.”