GSO Veteran Akshay Shah Sets Up Europe Credit Fund Kyma Capital

Akshay Shah, a former GSO Capital Partners executive involved in some of the most high-profile European distressed-debt trades, has set up a new fund called Kyma Capital.

Shah registered Kyma last month, according to Companies House filings. It will make long and short bets on European leveraged companies and plans to start trading later this year, according to people familiar with the matter. Kyma, named using a Greek word for ‘wave,’ aims to hire six investment analysts and traders by the end of 2018, the people said, asking not to be identified because the plans are private.

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