WSJ says Cheyne SIV Portfolio Assets To Be Sold to Goldman Sachs. The biggest default in the money market crisis of 2007 appears to be nearing resolution, as Cheyne Finance'​s SIV assets are to be taken over by Goldman Sachs. The Journal writes, "If successful, the deal will end months of investor uncertainty and will be the first restructuring of a stand-​alone SIV.... SIV Portfolio, formerly Cheyne Finance, was managed by London hedge-​fund group Cheyne Capital Management (​UK) LLP, and was one of the first SIVs to have trouble funding itself in August." See Bloomberg too.

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