Harvest has advised Truepenny Capital Management AB on its application for authorisation as an investment firm. The company has been granted a license to provide portfolio management and will manage the fund Truepenny Global Macro.

Truepenny's CEO, Thomas Lönnerstam: " Truepenny Global Macro is using an absolute return strategy focusing on stable risk and inflation. The objective is for the returns to have a low correlation with other asset classes including other hedge funds. We would like to thank Harvest for their thorough work and dialogue."

The license was granted by the Swedish Financial Supervisory Authority on 18 April 2024.

Harvest's team consisted of Gustav Sälgström, Advokat/Partner, Rico Benavides, Advokat/Senior Associate, David Bergin, Senior Associate, and Axel Schelén, Associate.