European equity-focused event-driven shop OVS Capital has hired Nick McEwen as a partner. He was previously a managing director at Revere Capital Advisors, where he established the firm’s London office with responsibility for European sales and marketing.
OVS was set up last year by Sam Morland, the former head of US hedge fund group HBK’s London unit. It launched the OVS Capital Fund in October. The fund made 3.26% in the last three months of 2010 and has weathered the storm so far this year, returning 1.07% to the end of June. Assets under management are now close