Plenum Investments Hedge-Fund Adviser Wennberg Resigns
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Henrik Wennberg, who co-founded two Nordic electricity hedge funds at Plenum Investments Ltd., has resigned from the Zurich-based money manager, Plenum Chief Executive Officer Rainer Gruenig said.
Wennberg, 44, a senior fund adviser for the Plenum Power Surge fund and an electricity trader for more than 12 years, joined Plenum in 2005 from Markedskraft ASA, together with Torgeir Terjesen. They began trading for the Plenum Power Fund, which closed last March, and began the Power Surge fund in 2007. Wennberg stepped down for personal reasons and will leave Plenum at the end of next month, Gruenig said yesterday by e-mail.