Launches & Closures

Ex-HBK London head Morland lines up OVS launch


Sam Morland, the former head of US-based multi-strategy hedge fund group HBK's London office and the head of its sizeable European equities business for more than 10 years, is poised to return to the industry with his new firm OVS Capital.

Andrea Morrall and Sam Morland

OVS will launch its event-driven European equity fund at the start of October, having received FSA approval in August, and will start with a core team of five people - several of whom previously worked together at HBK for many years.

Morland, the firm's CEO, was at HBK from 1998 to