Lombard Odier's asset managment division has expanded its 1798 hedge fund platform through a liftout of AlphaGen Capital’s Volantis investment management team. The Volantis unit manages more than $1 billion in assets in UK equity long/short and long-only strategies. The team of eight will join Lombard Odier Investment Management's operations in London, manage a niche strategy focused on UK small-caps, and benefit from full access to the firm’s asset management platform. AlphaGen Capital manages approximately $15 billion in alternatives and is a unit of Henderson Global Investors. Terms of liftout were not disclosed. Subject to fund board approvals, applicable regulatory...