Real Estate Credit Investments Limited is a closed-ended fixed income mutual fund launched and managed by Cheyne Capital Management (UK) LLP. It invests in fixed income markets globally, primarily through asset-backed securities, and evaluates coupon or cash flows on a tranche relative to the underlying credit. The fund was formerly known as Real Estate Credit Investments PCC Limited. It was formed on September 6, 2005 and is domiciled in Guernsey, Channel Islands.