Cheyne Capital's real estate debt fund has produced
impressive numbers since launching in 2009, by targeting
undervalued credits in the sector via three innovative
sub-strategies that are offered individually to investors.
And the Cheyne Real Estate Debt Fund's portfolio managers,
Shamez Alibhai and Ravi Stickney, believe opportunities are
still ripe for the fund despite a general post-crisis recovery
in many other asset classes.
Alibhai joined Cheyne in April 2006 having previously spent
two years with Credit Suisse, where he traded residential whole
loans. Before that, he worked at Barclays Capital, structuring
and placing deeply subordinated real estate credits.
Stickney worked at Lehman Brothers until 2005, when he left
to run ING's proprietary long/short real estate debt trading
desk. He joined Alibhai at Cheyne in 2008, at which point the
duo were seeing plenty of opportunities to take advantage of a
dislocated and dysfunctional debt...