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Blackstone backs former SAC/HBK man Akay’s Carrhae

October 21, 2011  

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Rob Kirkwood, Ali Akay and Adrian Heaton
Carrhae Capital, the new London-based emerging-markets operation led by highly-rated former SAC, HBK and Goldman Sachs man Ali Akay, is lining up for launch in what looks set to be one of the most significant new hedge fund start-ups in Europe this year.

Carrhae has attracted substantial backing from cornerstone investor Blackstone – in what sources say is the US group’s largest seeding of a European-based...

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