Cheyne Capital Management (Uk) LLP (London)


Cheyne Capital Management (Uk) LLP is a large advisory firm based in London. It manages $22.52 billion of regulatory assets for 28 client accounts. It has been registered with the SEC as an adviser since 2008.

Cheyne Capital Management (Uk) provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cheyne Capital Management (Uk): assets under management

The assets under management (AUM) of Cheyne Capital Management (Uk) LLP is $22.52 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 105% since the beginning of its operation, and $22.52 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $22.52 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $804.37 million each.

Investments

The firm invests in exchange traded securities the most. They account for 52% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 28% of the firm’s portfolio. Investments in investment grade corporate bonds form 20% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cheyne Capital Management (Uk) LLP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cheyne Capital Management (Uk) serves?

The only and largest group of clients of Cheyne Capital Management (Uk) is pooled investment vehicles with 23 clients and $21.18 billion of assets under management. Among the 10 most similar advisory firms, Cheyne Capital Management (Uk) has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $21.18 billion for 23 clients. None of the firm’s clients are foreign persons or businesses.

Cheyne Capital Management (Uk) also advises several private funds. Namely, nine hedge funds, one real estate fund, and two securitized asset funds. The minimum investment commitment required of non-related persons ranges from $100,000 to $5,000,000.

Careers at Cheyne Capital Management (Uk) LLP

The company employs 142 people that are either part- or full-time employees. 30 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Stuart Chapin Fiertz Limited partner, president & director of research 1 Dec 1999 Other 1615443
Jonathan Harry Lourie Limited partner, chief executive officer 1 Dec 1999 Other 1232339
Gary John Ibbott Limited partner, chief finance officer 1 Dec 2001 Other 5062703
Simon David James Chief compliance officer 1 Sep 2005 Other 5062704
Cheyne Capital Management Limited General partner & parent 1 Jan 2007 75% - 100% foreign
Jeffrey Martin Bronheim Limited partner, chief legal officer 1 Sep 2007 Other 6008340
Chris Goekjian Limited partner, chief investment officer 1 Apr 2009 Other 2657945
Peter Charles Head Limited partner, chief compliance officer 1 Aug 2010 Other 6008353
Xavier Himmer Limited partner, chief operations officer 1 Sep 2011 Other 6008356
Christopher David Hill Chief finance officer 1 Jan 2019 Other 6271221

Indirect Owners

The SEC currently registers 14 indirect owners.

Name Entity Date acquired Ownership Employer ID
Anthony John Olsen Shareholder 1 Sep 1999 25% - 50% 5075935
John Daniel Kelleher Shareholder 1 Sep 1999 25% - 50% 5075936
Alexander Anders Ohlsson Shareholder 1 Sep 1999 25% - 50% 5075938
Paul Birkby Sugden Shareholder 1 Sep 1999 25% - 50% 5075940
Jalner International Limited Shareholder 1 Dec 1999 75% - 100% foreign
Galilee Trust Shareholder 1 Dec 1999 75% - 100% foreign
Dominion Fiduciary Holdings Limited Shareholder 1 Jul 2001 75% - 100% foreign
Obd Investments Limited Shareholder 1 Jul 2001 75% - 100% foreign
Benjamin Nicholas Cooke Shareholder 1 Jul 2001 25% - 50% 5042524
Dominion Employee Benefit Trustees Limited Shareholder of class c shares 1 Jul 2001 75% - 100% foreign
Cheyne Capital Holdings Limited Shareholder 1 Mar 2006 75% - 100% foreign
Novatrust Limited Trustee 1 Mar 2006 75% - 100% foreign
Stonehage Financial Services Limited Shareholder 1 Mar 2006 75% - 100% foreign
Stonehage Financial Services Holdings Limited Shareholder 1 Mar 2006 75% - 100% foreign

Based in London

The principal office where Cheyne Capital Management (Uk) LLP performs its advisory services is located at Stornoway House, 13 Cleveland Row,, London, Sw1 A 1 Dh, which is also the mailing address of the firm. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number 44 (0) 207 968 7450 or by fax 44 (0) 207 968 7650. The normal business hours are 9-5 (uk) on Monday - Friday. You can find more information about the New York firm at cheynecapital.com.

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