Subject to approval from CSSF, the Multi Management Team in Stockholm will take over management of the portfolios in May 2013. Until then the Alternative Solutions team will continue to manage the portfolios. During the transition period, the two teams will collaborate to transfer knowledge and expertise. There will be no alteration in the mandate or risk/return targets for the portfolios.
Due to changing client demands SEB Investment Management AB will consolidate the majority of its hedge fund expertise in Stockholm. This includes transferring management responsibility for the funds SEB Alternative Investment - SEB Hedge and SEB Fund 2 - SEB Key Select to the Multi Management Team, under the leadership of Mårten Gabrielsson.