Two Seas Capital Welcomes Altaf Mackeen As New Managing Director and Head of Research

Two Seas Capital Welcomes Altaf Mackeen

Two Seas Capital, an investment management firm known for its litigation-driven investment strategies, is making headlines with the announcement of Altaf Mackeen as their new Managing Director and Head of Research. This strategic move, effective January 1, 2025, marks a significant milestone in the firm's growth and ambition.

With nearly two decades of buyside investing experience, Mackeen brings a wealth of knowledge across various asset classes and regions. Before joining Two Seas, he served almost a decade at VR Capital as a Senior Portfolio Manager, specifically focusing on distressed corporate and sovereign credit investments. His expertise encompasses reorganizations in both North America and emerging markets, showcasing his versatility and depth as an investor.

Sina Toussi, the Founder and Chief Investment Officer of Two Seas Capital, expressed his excitement about Mackeen's arrival. Having known him for a decade through their collaboration at VR Capital, Toussi remarks on Mackeen's impressive track record and anticipates that his contributions will be pivotal during this important phase in Two Seas' evolution. "Two Seas has experienced an incredible year, and I look forward to building on that momentum in 2025," said Mackeen.

Mackeen's experience extends beyond his role at VR Capital. He has a notable background from his time as Vice President at Harbinger Capital Partners, where he specialized in handling complex turnarounds and special situations. Additionally, he covered stressed and high-yield investments at Sankaty Advisors, which is presently known as Bain Capital Credit. His diverse experiences give him a comprehensive understanding of the investment landscape.

Moreover, Mackeen has held board positions throughout his career and started his professional journey at Houlihan Lokey, advising companies and creditors involved in insolvency proceedings, restructurings, and recapitalization transactions. His holistic approach to investment, fortified by extensive research and strategic insights, will undoubtedly empower Two Seas in navigating complex market environments.

Mackeen's academic credentials add yet another layer to his profile. He is a product of the prestigious Huntsman Program at the University of Pennsylvania, where he distinguished himself by earning both a B.A. in International Studies and a B.S. in Economics, focusing on Finance and Decision Processes. This rich educational background complements his professional experience, ensuring he is well-equipped to lead research initiatives at Two Seas.

Two Seas Capital LP, founded in 2020, is known for its commitment to generating exceptional returns through a unique event-driven investment strategy, largely influenced by legal or regulatory catalysts. With Sina Toussi at the helm, the firm leverages its specialized litigation expertise to create value and drive growth, which aligns perfectly with their forward-looking vision.

As companies and investors prepare for potential market shifts in the upcoming year, the addition of Altaf Mackeen signals Two Seas Capital's readiness to adapt and capitalize on evolving opportunities. His role as Managing Director and Head of Research will play a crucial part in shaping the strategic direction of Two Seas, ensuring it remains agile and influential in the investment management landscape.

In conclusion, Altaf Mackeen's new position at Two Seas Capital embodies not just a personal achievement for him, but a broader advancement for the firm. It signals a promising future, marked by informed decision-making, innovative strategies, and a commitment to excellence.