Cheyne's SVC employs a value-oriented credit strategy seeking to capture value in European mid-market corporate credit.
Established in 2017 by Anthony Robertson and Kerry Hugh-Jones, the SVC division comprises over 20 investment professionals, based in London, Paris, Madrid and Munich.
The team represents a broad range of European nationalities and languages, with an extensive track record in special situations and complex credit investments.
The division manages two adjacent strategies:
The SVC strategy seeks to capture value opportunistically in European credit, capitalising on secondary disposals of mid-market corporate risk by fatigued lenders at attractive discounts to par, and the provision of holistic capital structure solutions to over-leveraged but fundamentally sound businesses
The SVC Hybrid Credit strategy provides bespoke and flexible capital solutions to support the growth and development capital needs of predominantly non-sponsored enterprises, where shareholders express a strong preference for debt-based financing as an alternative to minority equity
Both strategies provide constructive capital solutions to help address the observable funding gap in European mid-market corporates, with a robust deal pipeline sourced through our thriving origination network across Europe.