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Cheyne Capital is one of Europe’s leading alternative asset managers. Cheyne launched its first fund in 2000 and today manages net assets of approximately $6.7 billion.

History of Stornoway House History

Cheyne Capital is a diversified alternative investment manager with expertise in the following areas:

Corporate Credit: 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 rigorous fundamental analysis in order to avoid defaults and generate trading gains.

Real Estate Debt: Cheyne’s Real Estate Debt team capitalises on opportunities in securitised European real estate debt (CMBS and RMBS) and direct mezzanine real estate lending. The investment approach combines a rigorous valuation of the underlying residential or commercial property and 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 predominantly-European, liquid, event driven situations with defined short-term catalysts. The team has particular expertise in the mid cap space and invests in credit as well as equity.

 

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-only 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.