Hedge Funds Performance

Explora Active flies, to rebrand as Taiga

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Explora Active, a Nordic activist fund that launched in May 2008, has earned strong returns since launch - up by over 50% this year after losing only 7% last year.

The fund uses a concentrated and value-oriented activist approach and is run with a long bias. It generally has a strong Nordic focus - typically holding 8-10 core long positions.

It is managed by Ola Wessel-Aas and Andreas Petteroe, who launched the fund out of the offices of Oslo-based Explora Group but are now changing the fund's name to the Taiga Fund and the business name to Taiga Fund