Wence von Liechtenstein, the new chief executive at UK fund management boutique Dalton Strategic Partnership, has snapped up a small equity hedge fund in his first deal since arriving at the company last July.

The firm is acquiring London-based MSK Capital Partners, which manages $230 million in global equity long-short portfolios. In a statement on March 30, the company said the deal would help with its growth plans, which are particularly focused on building its presence in liquid absolute return funds.