Hedge Fund Canaima Sees Likely Venezuela Debt Revamp in 2026

Hedge fund Canaima Capital Management sees the potential for a restructuring of Venezuela’s $60 billion in sovereign debt as early as this year after the US capture of Nicolas Maduro in an audacious raid.

“With the removal of Maduro, it’s opening up a way for US companies — as President Trump mentioned this weekend — to come into the country and create the cash flow for a potential restructuring,” Celestino Amore, London-based co-founder of Canaima, said on Bloomberg Television on Monday. “There was no chance with Maduro that we could have had a restructuring. With Delcy, we don’t know yet.”