Pharos Russia Fund Off To Awarding Start In ‘10

Mar 5 2010 | 2:50pm ET

Moscow-based hedge fund firm Pharos Financial Group is doing very well in its home base.

The firm’s Russia Fund is up 7.3% this year, just in time for Pharos to be named the best hedge fund manager at Terrapinn’s fourth annual Middle East hedge fund awards on Sunday. Of course, success is nothing new for the Pharos fund, which has been the best-performing Russian hedge fund over the past 13 years and has annualized returns of 26.1% since 2000.

Pharos’ long/short fund is currently long-biased, as the firm has a positive outlook on Russian stocks.

Pharos was founded by American Peter Halloran in 1997, and opened an office in Dubai in 2008.

The Terrapinn award is based on historical track record, downside protection, 2009 performance and marketing in the Middle East.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note