Oligarch’s Heirs Reveal US Fund Bets in Family Office Revamp (1)

Badri Patarkatsishvili’s family set up a firm to manage his multibillion-dollar fortune after the mustachioed Georgian tycoon died suddenly at his English mansion in 2008.

As his heirs fended off opportunists seeking a slice of the billionaire’s assets, the money manager kept a low profile, offering few details of how it handled the wealth he amassed alongside fellow oligarchs Boris Berezovsky and Roman Abramovich following the collapse of the Soviet Union.

That’s starting to change.

The Patarkatsishvilis’ family office, Bili Capital, has revealed more than two dozen bets on funds from some of the biggest names in global finance, ...