Cheyne Capital is one of Europe’s leading alternative investment fund managers. Cheyne launched its first fund in 2000 and today manages net assets of approximately $6.5 billion.
Cheyne Capital is a diversified alternative investment fund manager with expertise in the following areas:
Cheyne’s Corporate Credit team specialises in Investment Grade and Crossover corporate credit on a global basis. Cheyne manages both long-only and long/short strategies investing in CDS and bonds. The team determines relative value in credits using comprehensive fundamental analysis in order to avoid defaults and generate trading gains.
Real Estate Debt: Cheyne’s Real Estate Debt team capitalises on opportunities in direct real estate lending, securitised European real estate debt (CMBS and RMBS) and selective special situations including CMBS workouts and loan-to-own investments. The investment approach combines a comprehensive valuation of the underlying property assets with a detailed analysis of the debt structure in order to identify investments offering attractive yields and robust downside protection.
Event Driven: Cheyne’s Event Driven team invests in European event driven strategies including merger arbitrage, mixed arbitrage (e.g. dual listed companies and holding company arbitrage) and special situations. The investment team focus on complex situations with attractive risk-reward propositions, dynamically allocating capital between hard and soft catalyst opportunity sets.
High Yield: Cheyne’s High Yield strategy focuses on European high yield bonds and leveraged loans on an absolute return basis.
Convertible Bonds: Cheyne’s Convertible Bond team aims to capitalise on the compelling combination of downside protection and upside participation inherent in convertible securities. The team manages global absolute return and long-biased strategies.
Equities: Cheyne’s Equity teams combine fundamental investing in research-driven opportunities and undervalued companies with a pro-active approach to trading. The teams manage strategies including global long/short, South East Asian long/short and European mid cap.
Multi-Strategy: Cheyne’s multi-strategy offering provides investors with diversified exposure to Cheyne’s investment strategies with active asset allocation and portfolio management by Cheyne’s CIO.