Hedge Funds

Cheyne builds momentum again with emphasis on core skills and strengths


Twelve years on from its inception and after a post-crisis rejuvenation, credit-based specialist Cheyne Capital is seeing growth across all five of its key investment areas

Chris Goejkian, Jonathan Lourie and Stuart Fiertz
Cheyne Capital, the London-based firm founded by ex-Morgan Stanley duo Jonathan Lourie and Stuart Fiertz that is now 12 years old, has proved itself many times over as a survivor and an innovator in the fast-changing and often turbulent hedge fund world.

Having overcome a number of setbacks around the credit crisis in 2008 and 2009 and the resulting industry-wide problems, the firm is on a roll again.

Most of its mainline funds are performing well – several of them very well. Net assets are around $6 billion