Cheyne Capital Management (Uk) Llp
- Regulatory AUM
- $39.9B
- Discretionary
- $39.9B
- Clients
- 49
- Avg AUM / client
- $815M
- Accounts
- 49
- Employees
- 152
AUM over time
Annual snapshots from Form ADV filings · as of Jun 03, 2026
Asset allocation (SMA assets by investment type)
as of Jun 03, 2026Share of SMA assets by investment vehicle type, as filed in Form ADV Item 5.K. Dollar figures are percentages applied to total regulatory AUM.
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 34 | $29.2B | 73.2% |
| Other | 15 | $10.7B | 26.8% |
Private funds (21)
View all →Reported in Form ADV Section 7.B.(1), filing of Oct 2024 · $20.9B combined gross assets
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Fiertz, Stuart, Chapin | Limited Partner, President & Director Of Research | Dec 1999 (27y) | Less than 5% | |
| Lourie, Jonathan, Harry | Limited Partner, Chief Executive Officer | Dec 1999 (27y) | Less than 5% | |
| Head, Peter, Charles | Limited Partner, Chief Compliance Officer | Aug 2010 (16y) | Less than 5% | |
| Wittmann, Sandra | Partner And General Counsel | Jan 2018 (9y) | Less than 5% | |
| Hill, Christopher, David | Chief Finance Officer | Jan 2019 (8y) | Less than 5% | |
| Sean, Macdonald | Chief Operating Officer | Apr 2020 (6y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Cheyne Capital Management Limited | General Partner & Parent | Jan 2007 | A | 75% or more |
| Cheyne Capital Holdings Limited | Shareholder | Mar 2006 | B | ≈ 56.25% – 100% via Cheyne Capital Management Limited |
| Jalner International Limited | Shareholder | Dec 1999 | B | ≈ 42.19% – 100% via Cheyne Capital Holdings Limited |
| Galilee Trust | Shareholder | Dec 1999 | B | ≈ 31.64% – 100% via Jalner International Limited |
| Novatrust Limited | Trustee | Mar 2006 | B | ≈ 23.73% – 100% via Galilee Trust |
| Stonehage Financial Services Limited | Shareholder | Mar 2006 | B | ≈ 17.8% – 100% via Novatrust Limited |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Cheyne Capital Holdings Limited: 75% – 100% of Cheyne Capital Management Limited × 75% – 100% direct ≈ 56.25% – 100% of the firm
- Jalner International Limited: 75% – 100% of Cheyne Capital Holdings Limited × 75% – 100% of Cheyne Capital Management Limited × 75% – 100% direct ≈ 42.19% – 100% of the firm
- Galilee Trust: 75% – 100% of Jalner International Limited × 75% – 100% of Cheyne Capital Holdings Limited × 75% – 100% of Cheyne Capital Management Limited × 75% – 100% direct ≈ 31.64% – 100% of the firm
- Novatrust Limited: 75% – 100% of Galilee Trust × 75% – 100% of Jalner International Limited × 75% – 100% of Cheyne Capital Holdings Limited × 75% – 100% of Cheyne Capital Management Limited × 75% – 100% direct ≈ 23.73% – 100% of the firm
- Stonehage Financial Services Limited: 75% – 100% of Novatrust Limited × 75% – 100% of Galilee Trust × 75% – 100% of Jalner International Limited × 75% – 100% of Cheyne Capital Holdings Limited × 75% – 100% of Cheyne Capital Management Limited × 75% – 100% direct ≈ 17.8% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (21, $20.9B gross assets)
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/03/2026 | 5.94 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- BNY Mellon $5.0B (12% of AUM) Jun 2026
- Morgan Stanley $1.0B (3% of AUM) Jun 2026
- RBC $237M (1% of AUM) Sep 2022
- Hsbc Institutional Trust Services (Asia) Limited $217M (1% of AUM) May 2021
- Bank Gutmann $110M (0% of AUM) Jun 2021
- Citco Custody Ltd $58.0M (0% of AUM) May 2020
- Caceis Bank $44.6M (0% of AUM) Jun 2026
- Hedgeserv Corporation $43.6M (0% of AUM) Jun 2021
- State Street $6.0M (0% of AUM) Sep 2022
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 03, 2026.
View current Form ADV (SEC/IAPD) ↗