Skip to main content Skip to footer

Who We Are

Cheyne Capital Management was founded in 2000 by Jonathan Lourie (CEO & CIO) and Stuart Fiertz (President). Cheyne is a leading alternative investment fund manager investing across the capital structure, with a primary focus on corporate and real estate assets.

Cheyne is known for its innovative approach and has been early and successful at delivering value to global investors from important dislocations and inefficiencies in the marketplace.

Cheyne Capital, a global alternative asset manager — Who We Are
Cheyne Capital at a glance overview graphic
CHEYNE AT A GLANCE

14.8bn

USD AUM

Data as of 30th June 2026

26

YEAR TRACK RECORD

11

OFFICES WORLDWIDE

179

EMPLOYEES WORLDWIDE

Our Clients

Our investors are our most valued partners. Over our 20+-year history, Cheyne has developed long-standing relationships with some of the world’s leading institutional investors and private clients. We believe in providing investors with a high level of service and transparency through active engagement. 

Cheyne has a predominantly institutional investor base, with over 80% of our assets from pension funds, insurance companies, sovereign wealth funds, endowments and foundations. The remainder of our assets is managed on behalf of our valued relationships with family offices and HNWI.

Cheyne Capital – Our Clients, institutional investors

Our Mission

  • To identify investable dislocations and market inefficiencies
  • To discover, attract and nurture world-class investment talent to capture those opportunities
  • To connect these attractive investments to investors via transparent and efficient structures
  • To generate long-term attractive risk-adjusted returns to meet investor aspirations

Across multiple cycles, Cheyne’s conservative risk-management approach to extracting value has been reinforced. We have demonstrated that investors can compound returns at attractive levels over the long term, with downside protection and comfort provided by robust risk-mitigation techniques.

Cheyne Capital our mission and investment strategies

The Cheyne Capital Group

Cheyne has four regulated entities:

  • Cheyne Capital Management (UK) LLP (London)
  • Cheyne Capital SMC Limited (Dublin)
  • Cheyne Capital (MENA) Limited (Dubai)
  • Cheyne Capital International Limited Partnership (Bermuda)

The firm has offices in London, Berlin, Bermuda, Dubai, Dublin, Madrid, Munich, New York, Paris, Sydney and Zurich.

Cheyne Capital London office, the firm's headquarters
Cheyne Capital Logo

Disclaimer

Cheyne Capital Management (UK) LLP is authorised and regulated by the FCA and is an Alternative Investment Fund Manager (AIFM). The firm is also registered in the United States with the SEC as an Investment Adviser. Cheyne was one of the initial signatories to the Standards Board for Alternative Investments and is a signatory to the United Nations-supported Principles for Responsible Investment (PRI).

Cheyne Capital SMC Limited is authorised by the Central Bank of Ireland under the European Communities Undertakings for Collective Investments in Transferable Securities (UCITS) Regulations 2011 as UCITS Manager and the European Union (Alternative Investment Fund Managers) Regulations 2013 as Alternative Investment Fund Manager (AIFM).

Cheyne Capital Internal Limited Partnership is registered with the Bermuda Monetary Authority (BMA) as a Class B Registered Person under the Investment Business Act 2003 and has been approved by the Bermuda Minister of Finance to carry on restricted business activities in accordance with the Companies Act 1981.

Cheyne Capital MENA Limited is regulated by the Dubai Financial Services Authority.

Our Executive Committee

Portrait of Jonathan Lourie, Founder, CEO and CIO, Cheyne Capital

view

Jonathan Lourie

Founder, Chief Executive Officer and Chief Investment Officer

Portrait of Stuart Fiertz, Co-Founder, President, Head of Responsible Investment and Director of Research, Cheyne Capital

view

Stuart Fiertz

Co-Founder, President, Head of Responsible Investment and Director of Research

Portrait of Sandra C. Wittmann, General Counsel, Cheyne Capital

view

Sandra C. Wittmann

General Counsel

Portrait of David D'Netto, Chief Finance Officer, Cheyne Capital

view

David D'Netto

Chief Finance Officer

Portrait of Sean Macdonald, Chief Operating Officer, Cheyne Capital

view

Sean Macdonald MBA

Chief Operating Officer

Portrait of Donna Phlora, Head of Business Development, Cheyne Capital

view

Donna Phlora

Head of Business Development