Nordic specialist Mermaid eyes growth after enjoying a robust showing in 2008 and 2009
Tue Apr 20, 2010
Copenhagen-based hedge fund boutique aims to extend its reach to new investor markets after a long run of good performance
Mermaid Asset Management, the Copenhagen-based hedge fund
boutique focused exclusively on long/short Nordic equity
investing, is aiming to grow its asset base and extend its
reach to new investor markets after a long run of good
The firm was founded in 2007 by Thomas Juul-Larsen and Ulrik
Jonsen, two specialist Nordic stock-pickers who had worked
together at ABN Amro in New York. Since launching the Mermaid
Nordic Hedge Fund in September 2007, the strategy has produced
an annualised return of 11.03% to the end of February this
It made a respectable 3.48% in 2008 - in a year when few
ISSN: 2151-1845 / CDC10004H
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