Lodbrok Capital, a specialised investment manager focused on the European credit market, has appointed Adam Sorab as Partner. This follows a period of growth and the launch of the Lodbrok European Credit Opportunities Fund in May 2017. Sorab joins from hedge fund CQS, where he spent the last 13 years and where he held various senior roles including Head of Investor Relations.
Lodbrok Capital has hired Sorab to lead the company’s investor relations with responsibility for managing client relationships. He brings over 30 years’ investment industry experience to the firm. Prior to CQS, Sorab was Head of Distribution in Europe for DB Absolute Return Strategies at Deutsche Asset Management. Before that, he was one of the founding members of Credit Suisse First Boston’s in-house hedge fund management operation as Director responsible for client service and distribution in the CSFB Leveraged Funds Group.
Adam Sorab, Partner and Head of Investor Relations & Sales at Lodbrok Capital, said: “I am thrilled to join Lodbrok Capital at such an exciting time in its development. I believe its fundamentally driven and specialised investment approach puts Lodbrok in an excellent position to continue to take advantage of the tangible mispricings which arise in European credit markets.”
Mikael Brantberg, CIO and Managing Partner at Lodbrok Capital, said: “We’ve spent the last year building up the right investment team and infrastructure to capitalise on the inefficiencies we see in European credit, a market that has increased five-fold in size since the financial crisis. We are pleased that Adam has come aboard. He brings a wealth of experience and a longstanding track record in value-added investor relations. We expect the establishment of a dedicated IR function will provide our investors with a valuable client service resource and support our investment team in their continued focus on generating high quality returns for our investors.”