Hong Kong-based firm Double Haven Capital saw one of its hedge funds double in size after launching just last month.
Asian Investor reported that the fund, which opened with $200 million in assets for a global reinsurance firm, currently manages over $415 million. The article also said that the fund Double Haven’s first long-only product.
Separately, the firm also plans to launch a new illiquid strategy focused on private lending and distressed positions this year.
Founded by Daryl Flint, Double Haven acquired hedge fund platform DragonBack Capital in October.