Research Powered Fund Management

INVEST IN MICRO CAPS BACKED BY THE NORDICS' LARGEST RESEARCH TEAM

The fund Redeye Nordic Hidden Champions AIF A leverages the proven quality rating model and niche expertise of Redeye’s equity research team of ~25 analysts - a recipe that has resulted in net returns of 95% since inception in May 2020, as of August 31, 2025.

Disclaimer: Investing in funds always involves a risk. The value of your investment may go up or down. Historical returns are not a guarantee of future returns. The money invested in the fund can both increase and decrease in value, and there is no guarantee that you will get back part or all of the invested capital

Redeye Nordic Hidden Champions AIF

Primary investment focus on Nordic high-quality growth companies, emphasizing disciplined selection and rigorous research. With a priority on small- and micro-cap stocks, providing attractively priced investment opportunities and long-term growth potential.

  • Fee: Class B: 0.85% fixed fee & 25% performance fee with a hurdle rate of 4.15%. Class A: 0.6% fixed fee & 25% performance fee with a hurdle rate of 4.4%
  • Minimum investment: 1 000 SEK (B class) & 5 000 000 (A class)

Fund Size

Soft close 500 MSEK

20%
LEARN MORE & INVEST

Redeye Capital Investment Committee

An introduction

The fund seeks to compound wealth at a superior rate over the long term, while minimizing the risk of permanent losses of capital. The edge comes from being focused, disciplined and specialised on select sectors in the small and micro cap space. The fund has a quality first approach to our stock selection. GRIT Fund Management Company Ltd (GRIT) is the fund manager of the fund Redeye Nordic Hidden Champions AIF. GRIT has outsourced the portfolio management of the fund to Redeye Capital. The portfolio management decisions are made by the investment committee of Redeye Capital, which consists of Toru Ueda and Viktor Westman. The founder of Redeye Capital, Björn Fahlén, is a senior adviser to the investment committee.

Learn more

Björn Fahlén

  • Senior Advisor - Redeye Capital Investment Committee

    Founder – Redeye Capital

  • Toru Ueda

  • Senior Investment Manager – Redeye Capital

    Chairman of Investment Committee - Redeye Capital

  • Viktor Westman

  • Investment manager – Redeye Capital

    CEO - Redeye Capital

  • The fund's high-touch, primary research-based approach provides an investing edge. It involves engaging with individuals who possess greater knowledge about the company or its industry, enabling the fund to discover qualities not found in corporate filings, presentations, or standard industry research. This comprehensive strategy sets the fund apart, as most analysts either don't or can't adopt it.

    Björn Fahlén

    Founder of Redeye Capital

  • The Most Essential Investor Quality
  • This article is an excerpt from my book, Quality First Investing. It is a book I wish I had read 20 years ago myself as a budding investor. It is primarily a practical guidebook to quality investing through in-depth, on-the-ground research.

    Patience
    2024-02-26
  • Competitive Moats - Part 3
  • This is the third article of Redeye's series covering competitive moats, a key pillar for how companies can sustain advantages over their competitors.

    Moats
    2024-01-29
  • Competitive Moats - Part 2
  • This is the second article of Redeye's series covering competitive moats, a key pillar for how companies can sustain advantages over their competitors.

    Moats
    2024-01-15

    stay updated

    Sign up to our newsletter to stay in the know with the latest market news and insights

    Your email address
    Yes, I agree to the terms and conditions