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Senior staff at Cheyne split £37m bonuses as hedge fund's profits increase by 80pc

Jan 02, 2019 - The Daily Telegraph (London)

PAYOUTS for top staff at hedge fund Cheyne Capital almost doubled to £37m last year as profits boomed.

Senior management and other "risktakers and control functions [staff ]" at the investment firm took home the combined windfall, up from £19m the year before Cheyne's highest-paid member bagged a £7m payout as profits rocketed by around 80pc to £44m and turnover increased from £46m to £72m. The company, which specialises in alternative investments, has been capitalising on unmet dema...