Key Takeaways
- • Alcur Fonder appoints Per Flöstrand as Chief Investment Officer following just over one year at the stock-picking boutique, having joined in January 2025 as portfolio manager overseeing the low-risk hedge fund Alcur Classic.
- • Flöstrand brings 15+ years of buy-side and sell-side experience, including senior management tenure at ABG Sundal Collier where he served as Head of Equity Sales Sweden and International and held a position on the group executive management team.
- • Co-founder Johan Klevby transitions from CIO role but remains actively involved in portfolio management, reflecting organizational restructuring rather than a departure as the firm formalizes internal hierarchy and investment responsibilities.
- • The promotion underscores Alcur Fonder's strategic focus on recruiting leadership talent capable of clarifying organizational roles and infrastructure as the firm scales its operations.
Summary
Alcur Fonder has promoted Per Flöstrand to Chief Investment Officer in a leadership transition that reflects both internal development and organizational formalization at the stock-picking boutique. Flöstrand assumes the role from Johan Klevby, the firm's co-founder and long-serving CIO, in a restructuring that emphasizes continuity over turnover. The appointment comes approximately 13 months after Flöstrand joined Alcur Fonder as a portfolio manager responsible for Alcur Classic, the firm's low-risk hedge fund offering.
Flöstrand's career trajectory demonstrates substantial institutional experience spanning both sell-side and buy-side operations. Over more than 15 years at ABG Sundal Collier, a Nordic investment bank, he progressed to Head of Equity Sales for Sweden and International markets while serving on the group's executive management committee. His promotion to CIO marks a significant expansion of responsibilities in a compressed timeframe, transitioning from portfolio management into firm-wide investment strategy and oversight.
Klevby's transition preserves institutional knowledge while redistributing leadership bandwidth. The founder remains engaged in active portfolio management but will redirect capacity toward investment infrastructure development—a deliberate separation of operational roles that the organization has identified as a growth requirement. According to Petter Mattsson, Alcur Fonder's COO, the appointment reflects the firm's long-standing strategic objective to recruit talent capable of formalizing organizational structure. "We have long had the ambition to bring in individuals who can take responsibility for clarifying and formalizing roles within the company," Mattsson stated, characterizing the transition as arriving at "the strongest team ever" as the business scales.
The restructuring aligns with broader patterns among growth-stage investment firms establishing clearer governance separation and professional management infrastructure, particularly as assets under management expand and operational complexity increases.
Flöstrand's career trajectory demonstrates substantial institutional experience spanning both sell-side and buy-side operations. Over more than 15 years at ABG Sundal Collier, a Nordic investment bank, he progressed to Head of Equity Sales for Sweden and International markets while serving on the group's executive management committee. His promotion to CIO marks a significant expansion of responsibilities in a compressed timeframe, transitioning from portfolio management into firm-wide investment strategy and oversight.
Klevby's transition preserves institutional knowledge while redistributing leadership bandwidth. The founder remains engaged in active portfolio management but will redirect capacity toward investment infrastructure development—a deliberate separation of operational roles that the organization has identified as a growth requirement. According to Petter Mattsson, Alcur Fonder's COO, the appointment reflects the firm's long-standing strategic objective to recruit talent capable of formalizing organizational structure. "We have long had the ambition to bring in individuals who can take responsibility for clarifying and formalizing roles within the company," Mattsson stated, characterizing the transition as arriving at "the strongest team ever" as the business scales.
The restructuring aligns with broader patterns among growth-stage investment firms establishing clearer governance separation and professional management infrastructure, particularly as assets under management expand and operational complexity increases.
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