By Marcus Williams
Cem Habib, a partner and head of the fund of hedge funds business at Cheyne Capital, has quit the firm to join an investment bank in Kazakhstan.
The Turkish born financier Habib will work in a private equity role with a Kazakh investment bank, according to a Reuters report.
Habib, whose missus had dalliances with Hugh Grant and Prince Andrew amongst others, won't be foresaking quite all of Mayfair's pleasures for the Kazakh steppes. Apparently, he will spend 10 days a month there and does not plan to fully relocate to Central Asia.
Cheyne manages around $5 billion in assets, which probably doesn't include much in Kazakhstan.
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