Ex-Cheyne Manager Khadjenouri Founds Hedge Fund

Sep 9 2010 | 1:54am ET

A former star manager at Cheyne Capital Management and a co-founder of Centaurus Capital has founded her own hedge fund with another former Cheyne executive.

Massi Khadjenouri has teamed up with Jan Lernout to set up Kite Lake Capital Management. The new firm is readying a special situations hedge fund, Financial News reports.

Khadjenouri launched a special situations fund at Cheyne in 2003, enjoying an 18.8% annualized return through late 2007. She left Cheyne at the end of 2008.

Lernout was a partner at Cheyne’s collateralized loan obligations business before leaving the firm last May. In December, he settled a lawsuit he filed against Cheyne alleging that the hedge fund withheld his share of the group’s profits.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR