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Cheyne Set to Hire D'Netto to Replace Outgoing Cfo, Source Says

Published by Global Banking & Finance Review®

Posted on August 26, 2025

1 min read

Last updated: January 22, 2026

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Tags:Appointment management financial services investment corporate governance

Quick Summary

Cheyne Capital is hiring David D'Netto as CFO, replacing David Hill, who is joining Sona Asset Management. D'Netto was previously with Apax.

Cheyne set to hire D'Netto to replace outgoing CFO, source

Cheyne Capital's Leadership Changes

By Nell Mackenzie

Background on David D'Netto

LONDON (Reuters) -Investment fund manager Cheyne Capital is set to hire David D'Netto as a senior executive to replace former Chief Financial Officer David Hill, who is leaving for another investment firm, a source close to the matter told Reuters.

Transition from David Hill

D'Netto joins Cheyne Capital, which manages $13.5 billion, from his role as group financial controller at the private equity firm Apax, according to LinkedIn.

Company Overview

It was unclear whether D'Netto would have the same responsibilities as Hill.

Apax and Cheyne Capital declined to comment. D'Netto did not immediately respond to a direct message via LinkedIn.

Cheyne Capital, which invests in credit and real estate, was founded in 2000 by Jonathan Lourie, its CEO and chief investment officer, and its president Stuart Fiertz, according to the firm's website.

Reuters reported on Friday that Sona Asset Management was set to hire Hill as its new chief financial officer from Cheyne Capital.

(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe and Jan Harvey)

Key Takeaways

•Cheyne Capital is hiring David D'Netto as the new CFO.
•David Hill, the outgoing CFO, is moving to Sona Asset Management.
•David D'Netto comes from Apax as a group financial controller.
•Cheyne Capital manages $13.5 billion in assets.
•The transition marks a significant leadership change at Cheyne.

Frequently Asked Questions about Cheyne set to hire D'Netto to replace outgoing CFO, source says

1What is a Chief Financial Officer (CFO)?

A Chief Financial Officer (CFO) is a senior executive responsible for managing the financial actions of a company, including financial planning, risk management, record-keeping, and financial reporting.

2What is an investment fund?

An investment fund is a pool of money collected from multiple investors to invest in various assets, such as stocks, bonds, or real estate, managed by a financial professional.

Cheyne Capital's Leadership Changes

By Nell Mackenzie

Background on David D'Netto

Transition from David Hill

D'Netto joins Cheyne Capital, which manages $13.5 billion, from his role as group financial controller at the private equity firm Apax, according to LinkedIn.

Company Overview

It was unclear whether D'Netto would have the same responsibilities as Hill.

Apax and Cheyne Capital declined to comment. D'Netto did not immediately respond to a direct message via LinkedIn.

Reuters reported on Friday that Sona Asset Management was set to hire Hill as its new chief financial officer from Cheyne Capital.

(Reporting by Nell Mackenzie; Editing by Dhara Ranasinghe and Jan Harvey)

Key Takeaways

•Cheyne Capital is hiring David D'Netto as the new CFO.

•David Hill, the outgoing CFO, is moving to Sona Asset Management.

•David D'Netto comes from Apax as a group financial controller.

•Cheyne Capital manages $13.5 billion in assets.

•The transition marks a significant leadership change at Cheyne.

Frequently Asked Questions

1What is a Chief Financial Officer (CFO)?

2What is an investment fund?

An investment fund is a pool of money collected from multiple investors to invest in various assets, such as stocks, bonds, or real estate, managed by a financial professional.