Archive · 7 Aug 2025
Oligarch's Heirs Revamp Family Office, Reveal US Fund Bets
Imagine a very rich family who had a lot of money.
After the father, who made his money in the early 90s, passed away, the family hired people to take care of their money.
This group, called Bili Capital, is now managed by the son-in-law.
They're investing in big companies and funds.
This is like a secret club that helps the super-rich manage their money, and they are now showing more about what they do.
The family had some money problems, but they've managed to get some of their money back.
Badri Patarkatsishvili's family office, Bili Capital, has revealed details about its investments, including funds managed by BlackRock and Ares Management.
The family office, managing over $1 billion in assets, is now under the sole control of Yevhen Hunyak, Inna's son-in-law.
The disclosures provide insight into the fortune built in post-Soviet Russia and are more transparent than other family offices.
Patarkatsishvili built his fortune alongside other oligarchs; the family has recovered at least $2 billion of his assets after his death.
Bili Capital is led by Sergey Ershikov and Ilia Demidov, former Alfa-Bank employees, and is developing a 'branding' strategy.
- Who
- The family office was founded by Badri Patarkatsishvili's family, and is now run by his son-in-law, Yevhen Hunyak.
- What
- Bili Capital, the family office of the late Badri Patarkatsishvili, has revealed details about its investments and is now under new leadership.
- When
- The revamp and disclosures have occurred recently, following the resolution of a legal battle.
- Where
- The family office is based in London.
- Why
- The family is focusing on what remains of the fortune after resolving legal battles and is working on a branding strategy.
Transparency
Discretion
Transparency vs. Discretion
Transparency
Bili Capital is becoming more transparent, revealing investments.
Discretion
Family offices often maintain a low profile.
- Family Office Name
- Bili Capital
- Founder's Name
- Badri Patarkatsishvili
- Current Leader
- Yevhen Hunyak
- Asset Size
- Over $1 billion
- Key Investments
- Funds from BlackRock and Ares Management
- CEO
- Sergey Ershikov
- CFO
- Ilia Demidov