Hedge Fund Brummer Allocates $500 Million to U.K. Managers
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Swedish hedge fund Brummer Multi-Strategy is partnering with two investment teams in the U.K. to explore opportunities in the industrial and financial sectors.
The Stockholm-based fund, which has $4.3 billion in assets under management, is handing $250 million to Kersley Street Capital LLP and Pantechnicon Advisors LLP each, said Mikael Spangberg, who oversees Brummer & Partner’s flagship fund along with its founder Patrik Brummer.