One of four founding partners of now defunct hedge fund Edoma Partners is understood to be joining Indus Capital, a $4.4bn hedge fund manager set up by former partners at Soros Fund Management, Financial News has learned.

Ali Hedayat, a former proprietary trader at Goldman Sachs, is joining Indus in London as a partner to launch a global special-situations fund, according to two people familiar with the situation. He is joining next week and the fund will launch in the next few months, one of the sources said. A spokesman for Indus was not immediately available for comment.