Hedge Funds

Brummer backs Rising Star on long/short hedge fund

Stockholm-based group backs ex-Millennium portfolio manager in launch of new European equities fund

London's Mayfair is home to several hedge funds
London's Mayfair is home to several hedge funds Photo: iStockPhoto

Stockholm-based manager Brummer & Partners is backing an FN Hedge Fund Rising Star as he launches a new European long/short equity fund, according to a person familiar with the move.

The group has agreed to take a stake in Talarium Capital, which is being launched in London in 2016 by Marko Soldo, formerly a portfolio manager at Izzy Englander's Millennium Management.

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