Brummer & Partners

Read About Hedge Funds

Key Facts

HeadquartersStockholm
AUM$4.4 billion
AUM as ofJanuary 1, 2007
StrategiesMulti Strategy

Overview

Brummer & Partners is a hedge fund based in Stockholm. It was founded by Patrik Brummer, one of the largest Nordic fund managers. They hold $4.4 billion in assets under management as of January 1, 2007. In 2006 the $1bn Latitude macro fund shut down after losses on British rates trades put them down 31%.http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf

Historical Performance

Zenit fund returned 16.32% in 2006http://media.ft.com/cms/02fd5a42-f338-11db-9845-000b5df10621.pdf