Cheyne Capital Management (UK) has appointed Chris Goekjian as partner and chief investment officer reporting to Jonathan Lourie, chief executive.
Goekjian (pictured) will have overall responsibility for risk management of all Cheyne funds and investment products, oversight of portfolio management teams and development of new investment products.
'Chris Goekjian's appointment is an important strategic addition to our investment and risk management capabilities at Cheyne and we are pleased that he is joining our strong team of investment professionals,' says Lourie.
Goekjian says: 'It is a great privilege to be joining Cheyne, one of the leading alternative asset managers in Europe. The firm has a reputation for innovation and 2009 is going to be a very exciting time to be at the forefront of change in the alternatives industry.'
Goekjian has over 25 years' experience in investment and risk management. His previous experience includes serving as head of the global fixed income division of Credit Suisse's investment bank where he oversaw more than USD300bn of trading positions.
Most recently, Goekjian was chief executive and chief investment officer of Altedge Capital (UK), a London based fund of funds manager he founded in 2001 and whose business is intended to be integrated into Cheyne over the next six months, subject also to legal and regulatory approvals.