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Geordie Hebard and Aria Vossoughi plan to launch a new activist hedge fund in 2020, after teaming up to form Ziba Capital.

Hebard was a partner and director of research at Barington Capital Group until last month, most recently working on the fund’s settlement with L Brands in which it was hired by the company as a special adviser.

Before Barington, Hebard was a partner and managing director at Blue Harbour Group and a managing director at Icahn Capital, two activists known for being at the more collaborative and aggressive ends of the spectrum, respectively.

Vossoughi was a research analyst at Elliott Management between 2014 and 2016, leaving to found and run mobility startup Citifyd. He will be the new firm’s director of research, while Hebard will be its chief investment officer.

The pair will be joined by Mason Capital’s former general counsel, Meredith Simmons, as chief operating officer and general counsel.

While Barington’s activism was heavily focused on consumer and industrial stocks, Ziba will cover all sectors.

“We believe the opportunities for activism are abundant, and we are excited to bring our collective experiences to the market in 2020,” Hebard told Activist Insight Online.