About us

Qblue Balanced A/S is a Copenhagen based asset manager founded in 2018 by Bjarne Graven Larsen, former CIO at ATP and Ontario Teachers’ Pension Plan.

Co-founded by a team of experienced pension fund investment professionals with a long and successful history together. 

We are systematic and process oriented in nature and approach.

Our story

Qblue Balanced was established on a distinct idea:

Based on our collective experience, help institutional investors achieve their objectives by providing solutions to obtain more diversified, more robust portfolio construction designs.

Mission

“We help our clients to achieve their goals by developing and delivering robust and sustainable investment solutions with superior risk-adjusted returns at an attractive price”

Vision

“A global leader that defines the industry standards in the field of systematic investments”

Meet the board of Directors

Casper Kirk Johansen

Member of the Board of Directors

Casper Kirk Johansen has worked with private equity investments for almost 20 years. During his career, he has held numerous board positions and served as Chairman of the Board of Kirk Kapital, the Kirk Johansen families’ holding and investment company. Previously, Casper was associate at Axcel and partner at LD equity. He is currently partner at Kirk & Thorsen. Casper holds a Degree from Aarhus University School of Business & Social Sciences. Casper Kirk Johansen assumed the Chairmanship of the Board of Directors in November 2019.

Lotte Mollerup van Hauen

Member of the Board of Directors

Lotte has worked in the financial sector for more than 30 years. She has been Managing Partner in a Danish consulting firm in the capital markets area and has also worked at “Big Four” in the Financial Services & Risk Management team. Prior to this, Lotte was Executive Director for Asset Management & Tax at a financial branch association. Previous work experience includes the Ministry of Economy, Denmark’s central bank and the Danish EU representation in Brussels. During her career, Lotte has participated in the preparation of financial legislation, such as the implementation of EU regulation in the Danish legislation, and she has expert knowledge within the area of financial regulation, risk management, compliance, corporate governance and capital market affairs. Lotte holds a Master of Law from the University of Copenhagen as well as an MBA in Professional Communication from Roskilde University.

Bjarne Graven Larsen

Founder & Chief Executive Officer, Member of the Board of Directors

Bjarne Graven Larsen is a pension fund and financial veteran with more than 30 years of experience in the industry. He is the former Chief Investment Officer and executive board member of Ontario Teachers’ Pension Plan (OTPP), one of the world’s largest and most sophisticated pension plans, headquartered in Toronto, Canada. From 1999 to 2011, Bjarne was the Chief Investment Officer and executive board member of ATP, Denmark’s largest and Europe’s fourth largest pension fund. Before joining OTPP, Bjarne was CFO at Novo A/S and prior to that he was the CEO of FIH Erhvervsbank A/S (FIH). Bjarne has also held positions at Realkredit Denmark, the country's largest Mortgage Bank, now part of Danske Bank, in Denmark's Central Bank, and in the Ministry of Finance.

Jens Peter Neergaard

Chairman of the Board of Directors

JP has more than 35 years of experience in the financial sector. For more than 20 years JP worked for Danske Bank in various positions all over the world, including Global Head of Markets and Global head of International Banking. During his career, JP has held a range of Board positions, and he served as deputy chairman of the International Capital Markets Association. Currently, he is partner at the Copenhagen based family office Leschly & Neergaard International. JP holds a Degree in International Business from Copenhagen Business School as well as Advanced Management qualifications from prominent business schools in Europe and the U.S.A., including INSEAD and Harvard.

Fredrik Martinsson

Co-Founder & Chief Investment Officer, Member of the Board of Directors

Fredrik Martinsson has many years of experience within the financial industry. He spent 15 years at ATP, the last five years of which as CIO Investments. During this period, Fredrik was responsible, among other things, for building, developing, and implementing ATP’s proprietary Alternative Risk Premia (ARP) program across assets and internal teams. During the period 2005-2011, under the leadership of Bjarne Graven Larsen, Fredrik was responsible for building, developing, and manage ATP Alpha, ATP’s multi-team and multi-asset in-house alpha operation. Fredrik joined ATP in 2001 as an equity portfolio manager and was promoted by Bjarne Graven Larsen in 2004 to become Head of Equities. Prior to ATP, Fredrik was an equity analyst for almost 10 years, working for Danske Bank, Goldman Sachs, and Hagströmer & Qviberg.

Meet the team

Bjarne Graven Larsen

Founder & Chief Executive Officer, Member of the Board of Directors

Bjarne Graven Larsen is a pension fund and financial veteran with more than 30 years of experience in the industry. He is the former Chief Investment Officer and executive board member of Ontario Teachers’ Pension Plan (OTPP), one of the world’s largest and most sophisticated pension plans, headquartered in Toronto, Canada. From 1999 to 2011, Bjarne was the Chief Investment Officer and executive board member of ATP, Denmark’s largest and Europe’s fourth largest pension fund. Before joining OTPP, Bjarne was CFO at Novo A/S and prior to that he was the CEO of FIH Erhvervsbank A/S (FIH). Bjarne has also held positions at Realkredit Denmark, the country's largest Mortgage Bank, now part of Danske Bank, in Denmark's Central Bank, and in the Ministry of Finance.

Fredrik Martinsson

Co-Founder & Chief Investment Officer, Member of the Board of Directors

Fredrik Martinsson has many years of experience within the financial industry. He spent 15 years at ATP, the last five years of which as CIO Investments. During this period, Fredrik was responsible, among other things, for building, developing, and implementing ATP’s proprietary Alternative Risk Premia (ARP) program across assets and internal teams. During the period 2005-2011, under the leadership of Bjarne Graven Larsen, Fredrik was responsible for building, developing, and manage ATP Alpha, ATP’s multi-team and multi-asset in-house alpha operation. Fredrik joined ATP in 2001 as an equity portfolio manager and was promoted by Bjarne Graven Larsen in 2004 to become Head of Equities. Prior to ATP, Fredrik was an equity analyst for almost 10 years, working for Danske Bank, Goldman Sachs, and Hagströmer & Qviberg.

Thomas Stryger Olsen

Co-Founder & Senior Portfolio Manager

Thomas served four years as senior portfolio manager in Global Equities and Volatility team at ATP. In this position he worked with designing, implementing and managing systematic equity risk premia strategies. As part of this work he designed and implemented a proprietary risk model for performance attribution and risk factor exposure monitoring. Thomas was also portfolio manager at ATP Alpha developing and trading a portfolio of global long/short equity quant alpha strategies. Before that, Thomas worked for 15 years in the software industry as a consultant, manager, and system developer. Thomas holds an M.Sc. In Engineering (Computer science) from the Technical University of Denmark.

Martin Richter

Co-Founder & Senior Portfolio Manager

Martin spent five years at ATP Alpha as Senior Portfolio Manager, developing and implementing a portfolio of quantitative FX trading strategies and risk management systems for both systematic and discretionary trading. From 2013 to 2016 Martin served as quantitative strategist at Nordea Markets. Prior to joining ATP Martin spent five years as Senior Analyst at Danske Markets. From 2003 to 2008 he was senior analyst at Danske Markets. Martin has a Ph.D. in Finance from Copenhagen Business School, an M.Sc. in Statistics and B.Sc. in Mathematics from University of Copenhagen.

Lars Voss Toft

Co-Founder & Senior Portfolio Manager

Lars worked for four years as senior portfolio manager at ATP, being responsible for the development and management of purely systematic alternative risk premia strategies in equities, both long/short and long only with special focus on efficient and low-impact market implementation. Previously, from 2009 to 2013, Lars was portfolio manager at ATP Alpha, developing and implementing systematic long/short alpha strategies in equities. Additionally, Lars has 15 years of experience from the software industry, both as consultant, technical architect and software developer. Lars holds an M.Sc. In computer science from the Technical University of Denmark.

Lars Hougaard Nielsen

Co-Founder & Senior Portfolio Manager

Lars spent six years as senior portfolio manager at ATP. Here, he developed and traded ATP’s alternative risk premia and beta portfolio in commodities and headed ATP’s cross-asset alternative risk premia forum. Prior to joining ATP, he worked for four years in the insurance industry as an actuary focusing on liability modelling and risk management. Since 2009, Lars has maintained a role as statistical researcher and advisor at University of Copenhagen. Lars holds a M.Sc. In mathematical statistics and probability theory and a Ph.D. in applied statistics from the University of Copenhagen.

Andreas Papadopoulos Wulff

Risk Manager

Andreas spent 8 years working at ATP as Senior Operations Manager, being responsible for the overall back office and working to optimize transaction management and enhance operation processes. Furthermore, Andreas has been instrumental in the implementation of a new clearing platform, focusing on trading derivatives and commodities with multiple counterparts, markets and clearing brokers. Prior to joining ATP, Andreas worked for Nordea in Copenhagen and as Product Manager for Citigroup in London, where he managed the Nordic product portfolio with responsibility to grow revenue as well as lead the regional strategy and product development. Andreas holds a Degree in Business Administration in Finance from the European School of Economics in London.

Alexandra McGuigan

APAC Consultant

Alexandra was the Head of Investor Relations at Tribeca Investment Partners, developing and implementing the sales and marketing strategy for Tribeca’s global IP products and new business opportunities. During her career, she has held several positions within banking and asset management. Alexandra is a Chartered Alternative Investment Analyst, holds an MBA majoring in International Business from UTS and has a BA Media Communications, Sydney University. She has studied in Australia, France and the USA.

Kevin Mitchell

Co-Founder & Portfolio Manager

Prior to becoming Co-founder and Portfolio Manager at Qblue Balanced, Kevin spent three years as a student analyst at Mermaid Asset Management, a Nordic focused multi-family office, where he was responsible for developing and implementing the reporting and management systems. Kevin graduated first in class with an M.Sc. and B.Sc. in Business Administration and Mathematical Business Economics from Copenhagen Business School in 2017 and 2015 respectively. Kevin also teaches at Copenhagen Business School, in Probability theory and Statistics.

Julie Helene Lauritzen

Finance and Compliance Manager

Prior to joining Qblue Balanced, Julie spent a few years in Spain working for Mærsk as a Custom and Manifest agent, responsible for monitoring and controlling import and export procedures and ensuring compliance with Spanish and international maritime legislation. Julie holds a M.Sc. in Business & Development Studies from Copenhagen Business School.

Career

We are always looking for new talents

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