Hawksmoor Investment Management has separated its fund and private client management businesses to promote its fund management capability.

As part of the move, Hawksmoor Fund Managers (HFM) has been launched as a separate unit, which will be led by fund management CIO Daniel Lockyer.

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The HFM team will now include five portfolio managers namely Richard Scott, Ben Conway and Daniel Lockyer, Hannah Isaac and James Clark.

Additionally, the firm has hired Toby Hine-Haycock from Kames Capital as a sales manager to promote the Hawksmoor funds.

The HFM team will continue to support Hawksmoor’s private client business, working with CIO Jim Wood-Smith and his Research Team and will offer buy and hold lists of funds for the private client investment managers.

The team will also oversee the firm’s £51m Distribution and £65m Vanbrugh funds and model portfolios.

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The new HFM brand will help differentiate the two sides of Hawksmoor’s business and will allow the firm to develop closer relationships with financial advisors.

Hawksmoor CEO John Crowley said: "The contribution of the Fund Management team at Hawksmoor has been critical to our development and growing success.

"A distinct identity and brand for Hawksmoor Fund Managers will help the team develop its Funds and Model Portfolio Services to a growing number of supporters and investors."