Start-up fund firm to launch: Cheswold Lane, to begin trading this week, was developed by two ex-Chartwell managers. Its goal is institutional investors.

Byline: Benjamin Y. Lowe

Jun. 26--Two former portfolio managers at Chartwell Investment Partners have left the Berwyn fund family to launch their own firm. Eric F. Scharpf and Matthew H. Taylor, who have worked together since their days at the former Miller, Anderson & Sherrerd, have formed Cheswold Lane Asset Management L.L.C., whose International High Dividend Fund is scheduled to begin trading Wednesday. The fund, which the pair developed while they were still at Chartwell, already has $17 million in assets under management, and, as with most start-up funds, is aimed initially at wealthy investors. Scharpf said their goal after three years was to manage money …