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  • Launch of New Hedge Fund

    Filed under Corey Ribotsky, News
    Dec 14

    Ali Akay, a former trader with Steven Cohen’s SAC Capital Advisors, is now launching a hedge fund for emerging-markets which may be worthwhile for hedge fund leaders like Corey Ribotsky to keep their eyes on. He has raised $200 million to do so. The fund expects to soft close at about $500 million in early 2012, according to a source close to the situation.

    Prior to starting Carrhae, Akay worked at SAC, which is a $14 billion Stamford, Connecticut-based hedge fund that was founded by billionaire Steven Cohen. Learn more about this venture.

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