Cheyne hires derivatives specialist in Hong Kong

Pradeep Swamy joins the multi-strategy hedge fund in Hong Kong from Och-Ziff Capital Management.

Pradeep Swamy has been hired by Cheyne Capital Management as a portfolio manager in Hong Kong, bringing with him a track record in derivatives and arbitrage strategies that should allow the expanding hedge fund to invest in volatility as an asset class.

He will invest for the Cheyne Fund and CheyneÆs leveraged funds in the pan-Asian markets. The scope of his investing activities will include convertible bonds, volatility and credit relative-value strategies.

This is a new position following the companyÆs...

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