The old London boss of Steven Cohen’s now defunct hedge fund SAC Capital Advisors has teamed up with the former head of private equity firm EQT Partners in Finland to launch a new long-only fund.

Andrew Lubin and Jussi Nyrölä have set up Talomon Capital, an investment manager focusing on absolute return and long-only equity funds, in London's St James's. The firm received approval from the UK's Financial Conduct Authority in April.