Madrague enters into a partnership with Nordea Asset Management

Nordea Asset Management Holding AB (NAM) has signed an agreement to purchase a 40% stake in Madrague Capital Partners (MCP). In connection with the purchase NAM will also inject working capital for future expansion. MCP and NAM is a very good match as it will combine our hedge fund competence with Nordea’s distribution network, while at the same time maintaining the boutique spirit of MCP. Investor AB, through Patricia Industries, is supporting the deal and will remain as an anchor investor in the fund and as a shareholder in MCP.

NAM plans to start a Madrague-managed fund on their UCITS-platform. The new fund will be a Madrague Long/Short Equity look-alike UCITS, mirroring the original fund without affecting the original strategy.

The partnership with Nordea has several advantages for Madrague and its current investors: NAM will be our distributor and we will be able to focus even more on our core: making investment decisions in order to create competitive returns for our investors. The injection of working capital will also boost the balance sheet in a period of expansion.

We are very excited to be able to announce this partnership and we are confident that the agreement will be beneficial to our investors as well as the long term prosperity of our company.

For any questions please do not hesitate to contact us.

Sincerely the Partners at Madrague,
Niclas Erneholm
Lars Frånstedt
Martin Persson
Daniel Pettersson
Mattias Sjödin

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