Nektar Special Opportunity, one of Stockholm-based
multi-strategy hedge fund group Brummer &
Partners’ successful fixed-income offerings
managed by its affiliated Nektar Asset Management team, is
being wound down ahead of time after two years of trading, with
its managers declaring mission accomplished.
Nektar Special Opportunity is a sister fund to the
firm’s long-running and well-performing Nektar
fixed-income fund, and was set up specifically to exploit the
investment opportunities arising from the financial crisis.
The fund was rolled out with $500 million in April 2009, at
a time when very few investors would commit to a new hedge fund