Carrhae Capital Llp

Carrhae Capital – Overview - 1 December 2025 Carrhae Capital is a leading Emerging Markets equity investment firm, managing long-short absolute return and long-only strategies across Asia, EMEA and Latin America. The firm focuses on liquid, high-quality companies and seeks to capture alpha from the broad and persistent dispersion found in Emerging Market equities. Founded in 2011 by Ali Akay after a decade of portfolio management experience at SAC, HBK and Goldman Sachs Principal Strategies, Carrhae operates with a unified philosophy built around one research engine, one investment process and one globally integrated team. The firm comprises of c. 27 professionals, including 18 investment specialists, supported by research presence on the ground in Brazil, China, India and the UAE. Carrhae’s approach combines deep fundamental research with disciplined portfolio construction, aiming to generate absolute returns in its long-short strategies and sustained alpha in its long-only portfolios. The team targets companies with strong structural growth, clear mispricing or distinctive investment characteristics, and evaluates them through a bottom-up analysis. Carrhae Capital LLP and its affiliate, Carrhae Capital DIFC Limited in the Dubai International Financial Centre, operate under a single integrated investment process. The firm currently manages approximately US$4.4 billion for a global institutional client base that includes pension funds, institutions, endowments and family offices. Further information is available at carrhaecap.com.