Cheyne Capital Management (UK) LLP
Stornoway House 13 Cleveland Row
London SW1A 1DH
Tel: +44 (0)20 7031 7450
Fax: +44 (0)20 7031 7650
Cheyne Capital Management (UK) LLP is a limited liability partnership registered in England (Registered no. OC321484)
Registered Office: Stornoway House, 13 Cleveland Row London SW1A 1DH
Authorised and Regulated by The Financial Services Authority
Cheyne Capital wins three major credit awards
Cheyne Capital, a leading alternative asset manager, won three major awards for its credit fund
business at the Creditflux industry awards in London. LONDON, 11th September 2008. Cheyne won
the prestigious Manager of the Year award, as well as the awards for the Best Long/Short Credit
Hedge Fund and Best Synthetic Equity CDO. These awards, together with a further five nominations,
demonstrate Cheyne's wide-ranging expertise and continued leadership across the Credit space.
The Creditflux winners are selected based on clear quantitative criteria, and nominees include the
leading credit managers world-wide. The Manager of the Year award specifically recognises Cheyne's
consistent performance across different credit products. Cheyne's Corporate Credit team of 18
investment professionals oversees about $3 billion of equity in long only and long/short
creditrelated strategies. John Weiss, co-head of Corporate Credit at Cheyne said, "We are delighted
to have won these major awards which recognise the strength of our risk management and the good
performance we continue to deliver to our clients despite the current market turmoil." Jonathan
Lourie, founder of Cheyne added, "These awards underline the fact that the credit market is still
alive and kicking and superior returns remain available. Our corporate credit team is generating
strong performance for our investors and seeing inflows of assets. Despite difficult market
conditions, our Long/Short credit strategies are up between 9% and 13% for 2008. Credit is one of
Cheyne's core businesses and we are delighted