Cheyne Capital Hedge fund overhauls Queen’s Walk debt fund
Cheyne Capital is overhauling its Queen’s Walk Investment fund, hit hard by the U.S. subprime crisis, by cutting its payouts and raising cash to spend on less risky assets to widen its appeal. Cheyne Capital’s Hedge fund, which will change its name to Real Estate Credit Investments, plans to raise nearly 25 million euros ($32 […]