Launches & Closures

SEB seeds ex-Mizuho fixed-income team in Ovington launch


An experienced fixed-income trading team led by Curtis Adams has spun out from Mizuho Corporate Bank to launch a new London-based multi-strategy fixed-income hedge fund called Ovington.

Ovington – which is led by Adams and his founding partner, Nick Williams – is initially launching on the Mirabella Financial Services platform and the fund has been seeded by SEB’s Luxembourg-based Manager Catalyst Fund.

The Ovington team has over 100 years of experience in the fixed-income markets and claims to have delivered consistently high returns – particularly during the extreme market volatility in 2008 – with its diversified portfolio of