Cheyne Loses Two More Event-Driven Partners

Jul 18 2014 | 11:12am ET

Two more members of Cheyne Capital Management’s event-driven team have left the firm, bringing to four the number of event-driven managers to depart in the last two months.

Joseph Gebran and Anooj Unarket stepped down on July 4, about two weeks after news broke of event-driven head Simon Davies’ plan to retire from the firm in September. Both Gebran and Unarket were partners at the hedge fund, which they joined in 2010.

In May, Michel Massoud, Davies’ former co-head of event-driven, also left Cheyne. The group is now led by Pierre-Marie di Maria Laval, who joined Cheyne from Meditor Capital Management in March.

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