Cheyne Capital has promoted Rebecca Lawley to chief investment officer, multi-strategy, as the firm launches a new mandate in the area spanning private and liquid credit strategies.
The asset manager said Lawley will oversee investment strategy, asset allocation and the development of Cheyne’s multi-strategy capabilities, while retaining her existing responsibilities as head of product development.
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Announcing the appointment on LinkedIn, the firm said the timing of the new role coincides with the launch of a new multi-strategy mandate across Cheyne’s private and liquid credit strategies.
The mandate takes assets under management in the firm’s multi-strategy vehicles to more than $1bn (£746m), it stated.
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Lawley has spent the past 15 years at Cheyne in a variety of roles. Before joining the firm, she held positions at EIM Group, LGT Capital Partners and Lazard.
Founded in 2000, Cheyne is an alternative asset manager that invests across the capital structure, with a primary focus on corporate and real estate assets. The firm manages $13.7bn in assets under management.
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