Cheyne Capital is a London-based alternative asset

Alternative asset

An alternative asset is a newer type of asset that has not been traditionally considered part of an investment portfolio. Historically, examples include real estate, commodities, as well as rare coins and stamps, artwork or trading cards...

 manager. The firm launched its first fund in 2000 and today specializes in corporate credit, event-driven, equity, and equity-linked funds. It is one of the largest alternative asset managers in Europe with mandates from pension funds, foundations, family offices, and funds of funds. The Cheyne group currently employs approximately 140 people with its offices in London

London

London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

, Switzerland

Switzerland

Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....

 and Bermuda

Bermuda

Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...

. It was founded in 1999 by Jonathan Lourie and Stuart Fiertz who are currently the CEO and President of Cheyne Capital Management (UK) LLP respectively.
Cheyne Capital Management (UK) LLP is authorised and regulated by the U.K. Financial Services Authority

Financial Services Authority

The Financial Services Authority is a quasi-judicial body responsible for the regulation of the financial services industry in the United Kingdom. Its board is appointed by the Treasury and the organisation is structured as a company limited by guarantee and owned by the UK government. Its main...

 (FSA).

The firm's co-founder, Stuart Fiertz, was a member of the 14-person Hedge Fund Working Group, which devised best practice policies regarding financial valuation, transparency, and risk management. Those guidelines evolved into what is now the Hedge Fund Standards Board, a self-regulatory body of which Cheyne is a member. It is also a member of the Alternative Investment Management Association (AIMA).

2011

• Hedge Fund Review - European Performance Awards – Best Event Driven Hedge Fund (Cheyne European Event Driven Fund)
• UCITS Hedge Awards – Best Relative Value Fixed Income -inc Credit- Fund (Cheyne Convertibles Absolute Return Fund)

2008

• Creditflux Manager Awards – Manager of the Year (Cheyne Capital Management)
• Creditflux Manager Awards – Best Synthetic Equity CDO (Cheyne CSO prog series 6-1)
• Creditflux Manager Awards – Best Long Short Credit Hedge Fund/Multi-Strategy (Cheyne Long Short Credit Fund)

2007

• Creditflux Manager Awards – Best Synthetic Equity CDO (Cheyne CSO Programme CDO5)
• Creditflux Manager Awards – Best Structured Credit Fund/Correlation (Cheyne Total Return Credit Fund)