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RIA / WealthRegistered adviserasset managerSEC registeredRAUM 1b 10b

CARRHAE CAPITAL

CARRHAE CAPITAL, LLP, CRD 161900

LONDON

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:49552f7d-1b79-68f7-90b2-5cc4dd8be93e

Data as of Aug 11, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 12:24 AM UTC and rebuilt at most every 15 minutes.

Relationships: 8
Dated events: 9
On other graphs: 0
Observed: Aug 16, 2012 to Aug 11, 2026
28 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: asset managerderivedprivate_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=true bd_reps=0.0
Regulatory AUM: $6.1BItem 5.F on the latest filing (2026-08-11); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $6.1B
Private client RAUM: $0derivedItem 5.D individuals plus high net worth individuals
Private client share: 0%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 27
Advisory employees: 17
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 12
Private funds: 3Schedule D 7.B(1)
Custody, client assets: $0
SEC number: 801-77064
CRD: 161900
Filings on the tape: 28
First filed: Aug 16, 2012
Latest filed: Aug 11, 2026
Organised: Limited Liability Partnership
Website: carrhaecap.com

Private funds

Schedule D 7.B(1); gross asset value as reported, never fund size; reporting ends 2024-12-31

Fund	Type	Reported GAV	As of	Owners	First reported	Status	Form D file
CARRHAE CAPITAL MASTER FUND LTD	Hedge Fund	$1.0B	Sep 17, 2024	23	Mar 9, 2012	reported	021-171128
CARRHAE CAPITAL LONG MASTER FUND LTD	Hedge Fund	$584M	Sep 17, 2024	25	Mar 13, 2014	reported	021-211811
PM MANAGER FUND, SPC.- SEGREGATED PORTFOLIO 30	Hedge Fund	$12.0M	Apr 23, 2018	22	Aug 16, 2012	dropped	021-177380

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
AKAY, ALI	LIMITED PARTNER	E	yes	06/2011	Aug 16, 2012	Sep 17, 2024
AKAY, ALI	CHIEF INVESTMENT OFFICER/PARTNER	Na	yes	06/2011	Aug 16, 2012	Sep 17, 2024
CANEPA CC HOLDINGS LTD	Partner	C	yes	04/2021	Mar 9, 2022	Sep 17, 2024
CARRHAE CAPITAL MANAGEMENT (UK) LTD	Partner	E	yes	06/2011	Mar 9, 2022	Sep 17, 2024
Howes, Robin, David	CHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER	Na	yes	07/2023	Sep 12, 2023	Sep 17, 2024

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Dubai	n/a	United Arab Emirates	2	no
0250 OSLO	n/a	Norway	1	no

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 13, 2026	$6.1B	$6.1B	27	17	2	3	n/a
2024	Apr 24, 2025	$3.3B	$3.3B	22	10	2	2	n/a
2023	Mar 26, 2024	$1.8B	$1.8B	19	9	2	2	$1.6B
2022	Mar 23, 2023	$1.1B	$1.1B	14	7	0	2	$843M
2021	Mar 9, 2022	$913M	$913M	14	10	0	2	$683M
2020	Mar 10, 2021	$639M	$639M	11	7	0	2	$693M
2019	Mar 13, 2020	$563M	$563M	11	7	0	2	$640M
2018	Mar 4, 2019	$639M	$639M	12	7	0	2	$967M
2017	Mar 22, 2018	$679M	$679M	12	7	0	3	$864M
2016	Mar 30, 2017	$885M	$885M	13	8	n/a	3	$1.0B
2015	Mar 24, 2016	$1.2B	$1.2B	13	8	n/a	3	$1.1B
2014	Feb 4, 2015	$1.1B	$1.1B	13	8	n/a	3	$987M
2013	Mar 13, 2014	$1.1B	$1.1B	13	7	n/a	3	$881M
2012	Mar 12, 2013	$552M	$552M	13	7	n/a	2	$499M

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$6.1B	$3.3B	84.5%	$1.1B	78.9%	27	22	2	2

Relationships

Advises (3)

→ CARRHAE CAPITAL MASTER FUND LTDPrivate fundHedge Fund, IA
Mar 9, 2012 to presentfactForm ADV
→ CARRHAE CAPITAL LONG MASTER FUND LTDPrivate fundHedge Fund, IA
Mar 13, 2014 to presentfactForm ADV
→ PM MANAGER FUND, SPC.- SEGREGATED PORTFOLIO 30Private fundHedge Fund, IA, no longer reported
Aug 16, 2012 to Apr 23, 2018factForm ADV

Controls (4)

← AKAY, ALIOwnerLIMITED PARTNER, ownership code E, individual
Aug 16, 2012 to Sep 17, 2024factForm ADV
← Howes, Robin, DavidOwnerCHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER, ownership code NA, individual
Sep 12, 2023 to Sep 17, 2024factForm ADV
← CANEPA CC HOLDINGS LTDOwnerPARTNER, ownership code C, foreign entity
Mar 9, 2022 to Sep 17, 2024factForm ADV
← CARRHAE CAPITAL MANAGEMENT (UK) LTDOwnerPARTNER, ownership code E, foreign entity
Mar 9, 2022 to Sep 17, 2024factForm ADV

Dated events

Occurred
Mar 13, 2026
Regulatory AUM changed
Carrhae Capital reported RAUM $6.1B, up 85% from $3.3B (2025-10-28 to 2026-03-13)
Form ADVobserved 4 days ago
$2.8B
Occurred
Apr 24, 2025
Regulatory AUM changed
Carrhae Capital reported RAUM $3.3B, up 87% from $1.8B (2024-09-17 to 2025-04-24)
Form ADVobserved 4 days ago
$1.5B
Occurred
May 21, 2024
Control person left
Azizuddin Syed Faqir (Ceo) no longer on Schedule A of Carrhae Capital (listed 2024-03-26, absent 2024-05-21)
Form ADVobserved 4 days ago
Occurred
Mar 26, 2024
Regulatory AUM changed
Carrhae Capital reported RAUM $1.8B, up 65% from $1.1B (2023-09-12 to 2024-03-26)
Form ADVobserved 4 days ago
$696M
Occurred
Sep 12, 2023
Control person joined
David Robin Howes (Chief Compliance Officer And Chief Operations Officer) appeared on Schedule A of Carrhae Capital
Form ADVobserved 4 days ago
Occurred
Sep 12, 2023
Control person left
Denis Adrian Headon (Chief Compliance Officer/Chief Operating Officer/Partner) no longer on Schedule A of Carrhae Capital (listed 2023-03-23, absent 2023-09-12)
Form ADVobserved 4 days ago
Occurred
Mar 10, 2021
Control person joined
Azizuddin Syed Faqir (Ceo) appeared on Schedule A of Carrhae Capital
Form ADVobserved 4 days ago
Occurred
Mar 13, 2020
Control person left
Robert James Kirkwood (Chief Executive Officer) no longer on Schedule A of Carrhae Capital (listed 2019-03-04, absent 2020-03-13)
Form ADVobserved 4 days ago
Occurred
Aug 16, 2012
First Form ADV filing
Carrhae Capital filed its initial SEC registration (Form ADV)
Form ADVobserved 4 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:49552f7d-1b79-68f7-90b2-5cc4dd8be93e
First observed: Aug 16, 2012
Last observed: Aug 11, 2026 40 days ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

CARRHAE CAPITAL

CARRHAE CAPITAL, LLP, CRD 161900

LONDON

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:49552f7d-1b79-68f7-90b2-5cc4dd8be93e

Data as of Aug 11, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 12:24 AM UTC and rebuilt at most every 15 minutes.

Fund

Type

Reported GAV

As of

Owners

First reported

Status

Form D file

CARRHAE CAPITAL MASTER FUND LTD

Hedge Fund

$1.0B

Sep 17, 2024

Mar 9, 2012

reported

021-171128

CARRHAE CAPITAL LONG MASTER FUND LTD

Hedge Fund

$584M

Sep 17, 2024

Mar 13, 2014

reported

021-211811

PM MANAGER FUND, SPC.- SEGREGATED PORTFOLIO 30

Hedge Fund

$12.0M

Apr 23, 2018

Aug 16, 2012

dropped

021-177380

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

AKAY, ALI

LIMITED PARTNER

yes

06/2011

Aug 16, 2012

Sep 17, 2024

AKAY, ALI

CHIEF INVESTMENT OFFICER/PARTNER

yes

06/2011

Aug 16, 2012

Sep 17, 2024

CANEPA CC HOLDINGS LTD

Partner

yes

04/2021

Mar 9, 2022

Sep 17, 2024

CARRHAE CAPITAL MANAGEMENT (UK) LTD

Partner

yes

06/2011

Mar 9, 2022

Sep 17, 2024

Howes, Robin, David

CHIEF COMPLIANCE OFFICER AND CHIEF OPERATIONS OFFICER

yes

07/2023

Sep 12, 2023

Sep 17, 2024

City

State

Country

Employees

Also broker-dealer

Dubai

n/a

United Arab Emirates

0250 OSLO

n/a

Norway

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 13, 2026

$6.1B

n/a

2024

Apr 24, 2025

$3.3B

n/a

2023

Mar 26, 2024

$1.8B

$1.6B

2022

Mar 23, 2023

$1.1B

$843M

2021

Mar 9, 2022

$913M

$683M

2020

Mar 10, 2021

$639M

$693M

2019

Mar 13, 2020

$563M

$640M

2018

Mar 4, 2019

$639M

$967M

2017

Mar 22, 2018

$679M

$864M

2016

Mar 30, 2017

$885M

n/a

$1.0B

2015

Mar 24, 2016

$1.2B

n/a

$1.1B

2014

Feb 4, 2015

$1.1B

n/a

$987M

2013

Mar 13, 2014

$1.1B

n/a

$881M

2012

Mar 12, 2013

$552M

n/a

$499M

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$6.1B

$3.3B

84.5%

$1.1B

78.9%