{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/670031fd8071cc42a673844d/670031ff3b7964bedecd1950?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Episode 9 - Stuart Fiertz on Cheyne's shift, UK outlook and future of alternatives","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/670031fd8071cc42a673844d/670031ff3b7964bedecd1950.jpg?height=200","description":"In the ninth episode of Alternative Fund Insight, Will Wainewright is joined by Stuart Fiertz, co-founder and president at $10bn London firm Cheyne Capital Management.\n\nOne of the leading figures in the European alternatives industry, Fiertz co-founded Cheyne Capital with Jonathan Lourie in 2000. Since the financial crisis the firm has pivoted towards private credit and other areas of alternatives, while retaining a foothold in hedge.\n\nHere is a listening guide to the episode:\n\n1:47 - Cheyne’s development and strategy shift since the financial crisis\n3:50 - Favoured current opportunities\n5:39 - The case for alternatives into 2023\n7:38 - Will 60:40 losses spark inflows to alts?\n9:05 - What risks are top of mind?\n10:48 - US rates outlook\n11:25 - Private credit - what are the risks?\n13:25 - PC comparison to private equity\n14:44 - Does HF industry still exist?\n18:04 - SBAI development\n19:33 - The case for ESG\n21:59 - How have ops/recruitment changed?\n24:28 - Future of Cheyne. Is there a succession plan?\n26:00 - UK politics perspective\n\nYou can subscribe to the AFI podcast on iTunes, Apple Podcasts, Spotify or any other podcast app.\n\n*The AFI podcast is building an engaged industry audience — do let me know if you want to access it through a commercial partnership in 2023*\n\nAll feedback welcome. If you enjoyed this or other episodes please leave a rating or review.\n\nContact Will: will@alternativefundinsight.com\n\nVisit the website: www.alternativefundinsight.com\n\nYou can sign up for a free weekly newsletter on the AFI homepage and follow the latest developments via our LinkedIn page: www.linkedin.com/company/alternative-fund-insight\n\nRelease date: 14 November 2022\n\n*No part of this audio constitutes investment advice. Past performance does not guarantee future returns*","author_name":"Will Wainewright"}