People moves

Uttrup lines up replacement for long-term partner Petersen

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Uttrup Financial Advisors, the Copenhagen long/short equity firm led by well-regarded manager Jesper Uttrup, is losing long-standing co-fund manager Jakob Petersen and has already lined up his replacement to join the firm in March.

Petersen has been with the hedge fund shop since it opened its doors in mid-2007, and has co-managed the European long/short Cresco Fund with Uttrup since the beginning. The pair have worked together since 2000 and previously ran the same strategy at Danske Bank. A firm announcement said Petersen was leaving UFA “to seek new and different challenges”.

Petersen’s replacement will be Lars Møller Pedersen, who