Kynance Cove Capital LLP provides investment management services exclusively through private investment funds, specifically the Kynance Cove Master Fund Ltd and Kynance Cove Fund Ltd. The firm employs a market-neutral global convertible arbitrage strategy, seeking to generate long-term capital appreciation by investing in convertible bonds, equities, credit default swaps, and related derivative instruments. Kynance Cove focuses on exploiting pricing discrepancies between credit and equity markets while managing risk through hedging techniques. The firm primarily serves institutional investors, pension plans, endowments, and high-net-worth individuals who meet specific financial sophistication requirements. Kynance Cove operates out of London and manages assets on a discretionary basis.
Fee Structure
Portfolio-Based Fees (Flat)
| Portfolio Value | Annual Fee |
|---|---|
| Any | 1.50% |
Management fees range from 1.5% to 1.75% per year depending on the fund and share class. A performance fee of 18% to 20% also applies.