Hedge Funds

New fund groups Cayuga, Ovington add service providers


New European-based hedge funds Cayuga Capital Partners, a global macro fund led by former Hermes and Cornell hedge fund investment chief James Walsh, and Ovington Capital, formed by a highly experienced group of former G7 fixed-income traders at Mizuho Bank, have announced the selection of additional service providers.

Dublin-based administrator Quintillion has been chosen to provide administration services to the Cayuga Global Macro Fund, Cayuga’s $150 million flagship global macro strategy, while Ovington has selected TFG Systems to provide real-time risk, portfolio and cash management services for its flagship fixed-income trading strategy.

Rowan Levy, chief operating officer with