Cheyne Capital Management (UK) LLP manages private investment funds for institutional clients. The firm offers discretionary investment management services to Cheyne Funds, which are established outside the United States. These funds invest in a range of asset classes and market sectors, including equities, fixed income, real estate, and derivatives. Cheyne Capital Management does not provide individual investment advice to investors in the funds.
Fee Structure
Cheyne Capital Management (UK) LLP manages private investment funds, and fees are described in each fund's offering documents. Generally, these include:
- Management Fee: 1% - 2% of the fund's net asset value (NAV) annually.
- Performance Fee: 10% - 20% of the increase in NAV.
These fees are typically paid to Cheyne Capital Management or its affiliates. Fees are generally non-negotiable, and investors in the same fund typically pay fees based on the same rate schedule.