Key Takeaways
- • ALCUR Fonder, a Stockholm-based stock-picking boutique, has appointed three senior professionals to strengthen investment, trading, and compliance operations: Isak Lenholm (investment team), Milan Simonovic (trader), and Mikael Hallberg (Chief Compliance Officer).
- • Lenholm joins from Carnegie Fonder after 5.5 years, where he managed small- and micro-cap portfolios, and will primarily manage ALCUR Classic, the firm's lower-risk hedge fund strategy.
- • Simonovic brings 3.5 years of algorithmic trading and trade monitoring experience from SEB and holds a degree from KTH Royal Institute of Technology; he will oversee fund asset trading and develop the boutique's trading systems.
- • Hallberg's appointment as Chief Compliance Officer marks ALCUR Fonder's decision to bring its compliance function in-house, strengthening internal control frameworks.
- • These hires follow Per Flöstrand's promotion to Chief Investment Officer earlier in 2026, succeeding co-founder Johan Klevby in the role.
Summary
ALCUR Fonder, a Swedish stock-picking boutique headquartered in Stockholm, has announced three strategic appointments designed to reinforce its investment management, trading, and governance infrastructure. The triple hiring reflects the firm's growth strategy and organizational development following recent leadership transitions within its investment division.
Isak Lenholm has joined the investment team with a mandate to primarily manage ALCUR Classic, the firm's lower-risk hedge fund offering. Lenholm arrives with substantial experience in small- and micro-cap equity selection, having spent the past five and a half years as a portfolio manager at Carnegie Fonder. He also brings exposure to large-cap and international equity markets, broadening the skill set available to the ALCUR Classic strategy. His appointment follows the promotion of Per Flöstrand to Chief Investment Officer earlier in 2026, a role that superseded co-founder Johan Klevby's long-standing tenure in that position.
Milan Simonovic has been hired as the firm's trader, responsible for executing fund trading operations and developing ALCUR Fonder's trading technology infrastructure. Simonovic brings three and a half years of professional experience from SEB, where he specialized in algorithmic trading and trade monitoring systems. A graduate of KTH Royal Institute of Technology, he will leverage his systematic trading background to enhance the boutique's operational efficiency and trading capabilities.
In a structural governance move, Mikael Hallberg has been appointed Chief Compliance Officer, bringing the compliance function in-house. This decision signals ALCUR Fonder's commitment to strengthening internal control mechanisms and regulatory oversight as the organization scales. The firm stated that these three appointments collectively "strengthen our management, trading and internal control and thus create further conditions for ALCUR Fonder to continue to develop," positioning the boutique for sustained growth in a competitive hedge fund landscape.
Isak Lenholm has joined the investment team with a mandate to primarily manage ALCUR Classic, the firm's lower-risk hedge fund offering. Lenholm arrives with substantial experience in small- and micro-cap equity selection, having spent the past five and a half years as a portfolio manager at Carnegie Fonder. He also brings exposure to large-cap and international equity markets, broadening the skill set available to the ALCUR Classic strategy. His appointment follows the promotion of Per Flöstrand to Chief Investment Officer earlier in 2026, a role that superseded co-founder Johan Klevby's long-standing tenure in that position.
Milan Simonovic has been hired as the firm's trader, responsible for executing fund trading operations and developing ALCUR Fonder's trading technology infrastructure. Simonovic brings three and a half years of professional experience from SEB, where he specialized in algorithmic trading and trade monitoring systems. A graduate of KTH Royal Institute of Technology, he will leverage his systematic trading background to enhance the boutique's operational efficiency and trading capabilities.
In a structural governance move, Mikael Hallberg has been appointed Chief Compliance Officer, bringing the compliance function in-house. This decision signals ALCUR Fonder's commitment to strengthening internal control mechanisms and regulatory oversight as the organization scales. The firm stated that these three appointments collectively "strengthen our management, trading and internal control and thus create further conditions for ALCUR Fonder to continue to develop," positioning the boutique for sustained growth in a competitive hedge fund landscape.
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