Mizuho Vets Launch Multi-Strategy Fixed Income Hedge Fund

Feb 3 2011 | 12:31pm ET

Curtis Adams and Nick Williams, formerly of Mizuho Corporate Bank London, have launched the London-based Ovington Multi-Strategy Fixed Income Hedge Fund.

Adams is a 20-year vet of Mizuho where he headed the profitable diversified trading group. He brings his Mizuho team— drawn from financial institutions including BNP Paribas, Soros Fund Management and Dresdner Bank—with him to the new fund.

The Ovington fund will launch initially on the Mirabella Financial Services platform with the aim of delivering “stable absolute returns over a broad range of market conditions through a diversified portfolio of strategies.” The fund will concentrate on highly liquid instruments including government bonds, swaps, futures and currencies. The team's trading style encompasses a combination of macro and relative value strategies within the G7 fixed income arena.

The Ovington Fund is seeded by SEB’s Luxembourg based Manager Catalyst Fund.

Said Adams, “Our vision is to build a scalable investment management group under the Ovington franchise with leading edge technology and institutional quality operations. This is an established team working together across a combination of macro, directional and relative value trading strategies and is ideally placed to take advantage of the massive reduction in risk appetite coupled with increased government bond issuance.”


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...