Kevin Patrick Cope

HCM’s investment philosophy emphasizes capital preservation while providing competitive risk-adjusted returns. Their investment approach is characterized as a value style in that they source investment candidates among companies with stocks trading at a discount to intrinsic value. The firm typically invests in individual equity, fixed-income and cash equivalent marketable securities for separately managed accounts. Additionally, for certain accounts and at its discretion the firm also invests in exchange traded funds and mutual funds. Their decision to sell a portfolio holding generally occurs for several reasons; if the stock reaches their intrinsic value, they may sell all or a portion of it; if the position grows to become larger than 10% of their equity portfolio, they typically will reduce it. If conditions change, and the firm’s investment thesis proves invalid or impractical, they may sell it.

Cheyne seeks to generate above-average, risk-adjusted absolute rates of return for clients. Central to their investment methodology is the combination of fundamental analysis with a pro-active approach to trading. The flow of timely and actionable information is enhanced by the close integration of portfolio managers, research analysts and Cheyne's independent risk management team. The firm invests across the capital structure, from credit to equity, in both corporate and real estate assets.

Functions as a College/University