At a glance
- Wallentin said the decision comes as Mercurius Credit Fund has become an increasingly central part of OQAM's business.
- For allocators in Mercurius Credit Fund, the open diligence question is the credit team's own key-person and succession terms.
- Mercurius Credit Fund targets the Nordic BBB segment and passed its three-year track record this summer.
Thorbjörn Wallentin, co-founder and chief investment officer of Malmö-based OQAM, is stepping away from his operational role after more than a decade. He will stay on OQAM's board and remain a shareholder, he said in remarks reported by HedgeNordic. No successor was named.
Wallentin said the decision comes as Mercurius Credit Fund has become an increasingly central part of OQAM's business. His investment background is in quantitative and absolute-return multi-asset strategies.
For allocators in Mercurius Credit Fund, the open diligence question is the credit team's own key-person and succession terms.
Mercurius Credit Fund targets the Nordic BBB segment and passed its three-year track record this summer. It was launched in partnership with a large single-family office that outsourced its credit portfolio to OQAM.
“After more than a decade building OQAM from the ground up, it is time for me to close one chapter,” Wallentin said. “OQAM is now entering a new phase, with Mercurius Credit Fund becoming an increasingly central part of the business.”
OQAM is now entering a new phase, with Mercurius Credit Fund becoming an increasingly central part of the business.Thorbjörn Wallentin, co-founder and chief investment officer of OQAM
Reported by the Hedge Funds & Liquid Alts desk from HedgeNordic. Published . Corrections