{"id":4395,"date":"2021-12-30T13:00:00","date_gmt":"2021-12-30T13:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3618019_CN18019_0"},"modified":"2021-12-30T13:00:00","modified_gmt":"2021-12-30T13:00:00","slug":"haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=4395","title":{"rendered":"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager &#8211; Credit Hedge by Hedgeweek"},"content":{"rendered":"<p><span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Dec. 30, 2021<\/span> \/PRNewswire\/ &#8212; Haitou Global Private Credit Fund was recommended by Bloomberg based on performance in 2021 and was voted by hedge fund industry to receive Hedgeweek 2021 Best Emerging Manager&nbsp;&#8211; Credit Hedge Award. <\/p>\n<p>Fighting COVID-19 as A Team<\/p>\n<p>Haitou Global Private Credit Fund is a young fund, launched in <span class=\"xn-chron\">October 2019<\/span> and hit by the pandemic right away. In early <span class=\"xn-chron\">February 2020<\/span>, Haitou Global assessed the pandemic based on in-person experience of SARS in 2003 in <span class=\"xn-location\">Beijing<\/span> and first-hand information from <span class=\"xn-location\">Beijing<\/span> team and concluded that it would be inevitable to spread across the globe.<\/p>\n<p>&#8220;The first thing we did was to protect our team,&#8221; says <span class=\"xn-person\">Jerry Wang<\/span>, CEO of Haitou Global and Management Partner of Haitou Global Private Credit Fund. &#8220;Our Beijing team didn&#8217;t come back to the office after Chinese New Year and our <span class=\"xn-location\">New York<\/span> team started remote working at home after the first case emerging in <span class=\"xn-location\">Westchester, NY<\/span>.&#8221; The next priority was to protect assets. Haitou Global started to reduce its risk exposure and duration and to raise liquidity. When investors redeemed a third of their commitment in three months, Haitou Global Private Credit Fund had sufficient funds to return their capital. And the third was to improve communications. &#8220;We increased communication frequency with our local partners from monthly to weekly,&#8221; says Wang. &#8220;Our API system pulled in latest data on loan performance daily. We also held monthly Zoom conference calls with our investors to report fund performances.&#8221; <\/p>\n<p>Delivering Risk Adjusted Returns <\/p>\n<p>In terms of performance,<span id=\"spanHghlt0c19\">&nbsp;what can <\/span>be approved is that the return has reached the target <span id=\"spanHghlt0130\">in 2020<\/span>. Wang comments: &#8220;We are confident in our private credit strategy in emerging markets. We maintained our fund risk exposure on the basis of satisfying redemption requirements of customers.&#8221; Haitou&#8217;s assets are also under the protection of collateral and guarantee and senior-level structures, and bad debts incurred during the worst period of pandemic were paid back 100 per cent according to the protective clauses. <\/p>\n<p>Driving Social Impact <\/p>\n<p>To consolidate and improve this performance, Haitou Global is expanding into new emerging markets, such as <span class=\"xn-location\">Mexico<\/span> and <span class=\"xn-location\">Pakistan<\/span>, and is diversifying investment in other assets, including agricultural loans, payroll loans and small business loans. &#8220;Drivingrive social impact is embedded in our investment thesis,&#8221; Wang says. &#8220;Every investment we make must make positive social impact to our communities, whether a Pakistani social bank lending to Muslim women, or an Indonesian collective lending to coffee farmers.&#8221; <\/p>\n<p>Haitou Global will continues to strengthen research and development and operations capacity of its <span class=\"xn-location\">Beijing<\/span> team, and plans to add <span class=\"xn-money\">USD50 million<\/span> new capital to its private credit fund in the next three to six months. <\/p>\n<p><u><a target=\"_blank\" href=\"https:\/\/www.hedgeweek.com\/2021\/11\/30\/309850\/haitou-global-best-emerging-manager-fund-credit-hedge\" rel=\"nofollow noopener\">https:\/\/www.hedgeweek.com\/2021\/11\/30\/309850\/haitou-global-best-emerging-manager-fund-credit-hedge<\/a><\/u><\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN18019&amp;sd=2021-12-30\"> View original content:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager---credit-hedge-by-hedgeweek-301451768.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager&#8212;credit-hedge-by-hedgeweek-301451768.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 30, 2021 \/PRNewswire\/ &#8212; Haitou Global Private Credit Fund was recommended by Bloomberg based on performance in 2021 and was voted by hedge fund industry to receive Hedgeweek 2021 Best Emerging Manager&nbsp;&#8211; Credit Hedge Award. Fighting COVID-19 as A Team Haitou Global Private Credit Fund is a young fund, launched in October [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":4396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-4395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager - Credit Hedge by Hedgeweek - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=4395\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager - Credit Hedge by Hedgeweek - My Blog\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 30, 2021 \/PRNewswire\/ &#8212; Haitou Global Private Credit Fund was recommended by Bloomberg based on performance in 2021 and was voted by hedge fund industry to receive Hedgeweek 2021 Best Emerging Manager&nbsp;&#8211; Credit Hedge Award. Fighting COVID-19 as A Team Haitou Global Private Credit Fund is a young fund, launched in October [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=4395\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-30T13:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/12\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png\" \/>\n\t<meta property=\"og:image:width\" content=\"16\" \/>\n\t<meta property=\"og:image:height\" content=\"16\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager &#8211; Credit Hedge by Hedgeweek\",\"datePublished\":\"2021-12-30T13:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395\"},\"wordCount\":470,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395\",\"name\":\"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager - Credit Hedge by Hedgeweek - My Blog\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png\",\"datePublished\":\"2021-12-30T13:00:00+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#primaryimage\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png\",\"contentUrl\":\"https:\\\/\\\/transmediavictoria.net.au\\\/wp-content\\\/uploads\\\/2021\\\/12\\\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png\",\"width\":16,\"height\":16},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=4395#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager &#8211; Credit Hedge by Hedgeweek\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#website\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/\",\"name\":\"My Blog\",\"description\":\"My WordPress Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\",\"name\":\"admin_tony\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g\",\"caption\":\"admin_tony\"},\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?author=8\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager - Credit Hedge by Hedgeweek - My Blog","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/transmediavictoria.net.au\/?p=4395","og_locale":"en_US","og_type":"article","og_title":"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager - Credit Hedge by Hedgeweek - My Blog","og_description":"NEW YORK, Dec. 30, 2021 \/PRNewswire\/ &#8212; Haitou Global Private Credit Fund was recommended by Bloomberg based on performance in 2021 and was voted by hedge fund industry to receive Hedgeweek 2021 Best Emerging Manager&nbsp;&#8211; Credit Hedge Award. Fighting COVID-19 as A Team Haitou Global Private Credit Fund is a young fund, launched in October [&hellip;]","og_url":"https:\/\/transmediavictoria.net.au\/?p=4395","og_site_name":"My Blog","article_published_time":"2021-12-30T13:00:00+00:00","og_image":[{"width":16,"height":16,"url":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/12\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png","type":"image\/png"}],"author":"admin_tony","twitter_card":"summary_large_image","twitter_misc":{"Written by":"admin_tony","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/transmediavictoria.net.au\/?p=4395#article","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/?p=4395"},"author":{"name":"admin_tony","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"headline":"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager &#8211; Credit Hedge by Hedgeweek","datePublished":"2021-12-30T13:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=4395"},"wordCount":470,"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=4395#primaryimage"},"thumbnailUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/12\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png","articleSection":["Business News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/transmediavictoria.net.au\/?p=4395","url":"https:\/\/transmediavictoria.net.au\/?p=4395","name":"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager - Credit Hedge by Hedgeweek - My Blog","isPartOf":{"@id":"https:\/\/transmediavictoria.net.au\/#website"},"primaryImageOfPage":{"@id":"https:\/\/transmediavictoria.net.au\/?p=4395#primaryimage"},"image":{"@id":"https:\/\/transmediavictoria.net.au\/?p=4395#primaryimage"},"thumbnailUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/12\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png","datePublished":"2021-12-30T13:00:00+00:00","author":{"@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7"},"breadcrumb":{"@id":"https:\/\/transmediavictoria.net.au\/?p=4395#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/transmediavictoria.net.au\/?p=4395"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/transmediavictoria.net.au\/?p=4395#primaryimage","url":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/12\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png","contentUrl":"https:\/\/transmediavictoria.net.au\/wp-content\/uploads\/2021\/12\/haitou-global-private-credit-fund-awarded-2021-best-emerging-manager-credit-hedge-by-hedgeweek.png","width":16,"height":16},{"@type":"BreadcrumbList","@id":"https:\/\/transmediavictoria.net.au\/?p=4395#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/transmediavictoria.net.au\/"},{"@type":"ListItem","position":2,"name":"Haitou Global Private Credit Fund Awarded 2021 Best Emerging Manager &#8211; Credit Hedge by Hedgeweek"}]},{"@type":"WebSite","@id":"https:\/\/transmediavictoria.net.au\/#website","url":"https:\/\/transmediavictoria.net.au\/","name":"My Blog","description":"My WordPress Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/transmediavictoria.net.au\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/transmediavictoria.net.au\/#\/schema\/person\/5b51d407d652c0aa802bea269ea5d7e7","name":"admin_tony","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/102836fe5f9cd6c64e96e90e7341dbc815b7d12726a85708326dc0db40afd906?s=96&d=mm&r=g","caption":"admin_tony"},"url":"https:\/\/transmediavictoria.net.au\/?author=8"}]}},"_links":{"self":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/4395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4395"}],"version-history":[{"count":0,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/posts\/4395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=\/wp\/v2\/media\/4396"}],"wp:attachment":[{"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/transmediavictoria.net.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}