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Double Haven closure underlines pandemic effects

The failure of an experienced investment team to raise capital for a new and well-performing distressed debt strategy highlights the challenges posed by Covid – including personal ones.
Double Haven closure underlines pandemic effects
While vaccine rollouts suggest an end is in sight for the Covid-19 crisis, the closure of a long-standing Asian credit manager shows that the pandemic continues to take its toll on the investment industry. The decision last month to shut down Hong Kong’s Double Haven Capital has highlighted not only how tough it is for new strategies to raise capital in the current climate but also the impact of travel restrictions on investment executives split from their families. Double Haven…
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