Hedge fund Davide Leone & Partners has appointed Graham O'Mahony, a long-serving trader at hedge fund-turned-family office Adelphi Capital, as the firm's new head of trading, according to a report by the Trade.

The report cites a social media update as confirming that O'Mahoney has made the switch to the Saville Rowe-based hedge fund after 13 years at Adelphi. Prior to that, he spent two and a half years at Metage Capital.

In April of this year, the Financial Times reported that Adelphi, one of London's oldest hedge funds, was planning to covert to a family office following a run of poor performance.