Lodbrok Capital - any street insights?

Hi monkeys

Has anybody got some street gossip about Lodbrok (culture, progression, comp, etc.); any insight is welcome! Unfortunately, google doesn't reveal a lot apart from their strategie.

Cheers!

 

Small team, very sharp guys, deep fundamental approach.  People are pleasant and I assume given the AUM per head and calibre of the people they will pay well to retain their 3 analysts.  CIO is very strong and they've put up solid to strong returns over the past 5 years.

 

Wouldn't hold my breath on comp. CIO is not known to be generous if you aren't among the founding team. Recently had an analyst departure as well. Regarding returns I heard it's a mixed bag, some good years, some not so good years, but haven't seen hard numbers. If they are still in the $1-1.5bn AuM ballpark, then they haven't been able to grow meaningfully for a couple years now. They already were around $1bn pre-COVID.

That being said, they seem to get involved in interesting situations and given the small team size it should be a good seat to learn for someone early in their career. 

 
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