Lodbrok Capital LLP is a London-based alternative investment manager founded in 2016 by Mikael Brantberg, whose experience includes roles at Farallon Capital Management, OchZiff Capital Management and Goldman Sachs. Authorized by the UK Financial Conduct Authority and registered as an exempt reporting adviser with the U.S. Securities and Exchange Commission, the firm applies a fundamental research approach to identify mispriced opportunities across the capital structure and generate idiosyncratic mid-teen returns through a concentrated portfolio of long-term positions.
With a capacity of roughly $1.5 billion, Lodbrok focuses on European corporate credit instruments such as investment-grade and distressed bonds, syndicated bank loans, asset-backed securities, structured products and mezzanine debt. The firm targets companies that demonstrate strong business models, pricing power or strategic value, often engaging directly with management teams to drive operational improvements. Lodbrok also serves as delegated portfolio manager for external alternative investment funds and caters to institutional investors and high-net-worth individuals. As a signatory to the Principles for Responsible Investment, the firm integrates environmental, social and governance factors into its decision-making and maintains a dedicated stewardship committee to oversee responsible business practices and active engagement.
Although Lodbrok holds a significant stake in REC Silicon ASA, which produces polysilicon and silane gas essential for solar panels and battery anode materials. By working closely with the board of REC Silicon, the firm supports growth initiatives in Western solar and battery supply chains, reflecting a direct interest in essential components of the clean energy transition and underscoring its capacity-constrained approach to value creation through active stewardship.
