Cheyne European Event Driven Fund: Cheyne Capital Management (UK)

Volatility offers opportunities


Although many people would take one look at Europe and turn away, Simon Davies (pictured), head of the event driven division at Cheyne Capital, sees a wealth of opportunities. As one of a team of nine for the European Event-Driven Fund, Davies is surprisingly upbeat about European merger and acquisition (M&A) activity.

“For us, I have always said we have never needed a large-cap M&A boom to be able to make money. Our fund is nimble enough to be able to invest in mid-cap M&A situations and credit