Hedge Fund | Cheyne Hires Former Banker Morgan Stanley

What was the loss of Cheyne Capital is s' Japanese bank Nomura s rise as a former Morgan Stanley banker joins the hedge fund in London.

Cheyne Capital Management has appointed John Hyman as a partner. Hyman has over 23 years of industry experience and joins the shares of Morgan Stanley, where he worked for 17 years as co-director of global capital markets, co-director of global equity markets and oversaw all Shares of Morgan Stanley 's operations in EMEA and Asia from 2005 to 2009. Cheyne Capital manages net assets of over $ 6 billion through a diversified range of products.

John Hyman Cheyne joins as a partner, the company said in a statement.

Hyman was co-head of global capital markets at Morgan Stanley before leaving the bank earlier this year.

He was supposed to go to Nomura in the spring, but reports at the time, said the Financial Services Authority wouldn 't give the necessary approvals. These reports may have been misplaced, because the regulator has given its blessing to the movement Cheyne.

In England, members of senior management and board of a company is authorized, including hedge funds, must be approved by the FSA.

Cheyne has been in expansion mode, raising $ 100 million for a fund focused on events in September. This fund is currently $ 180 million in AUM.

The firm has also done well with a real estate fund of debt, raising more than $ 600 million since its launch in August 2009.

Cheyne Capital is a manager with London-based alternative assets. The firm launched its first fund in 2000 and now specializes in corporate credit, event driven, equity, and equity funds. It is one of the largest alternative asset managers in Europe with the mandates of pension funds, foundations, family offices and funds of funds. Cheyne group currently employs around 140 people, headquartered in London, New York and Bermuda. Founded in 1999 by Jonathan Lourie and Stuart Fiertz that are currently the CEO and President of Cheyne Capital Management (UK), respectively, LLP. Cheyne Capital Management (UK) LLP is authorized and regulated by the Financial Services Authority (FSA).