Pharos' Dougherty To Launch Emerging Markets Fund

Nov 16 2010 | 1:01pm ET

Pharos Financial Group's Kevin Dougherty plans to launch his own hedge fund next year with a  wider ambit than his current employer's focus on Russia.

Dougherty will leave the Moscow-based firm to set up a global emerging-markets fund in London, Bloomberg News reports. But even though he'll look more widely at investment opportunities in other emerging markets than he does as a portfolio manager at Pharos, whose flagship fund focuses on Russia, he still remains bullish on that country.

"Even as I will be focusing more on the other emerging markets, I remain a big believer in the value and investment potential of the Russian market," he told Bloomberg.

Pharos was founded in 1997 by Peter Halloran with the backing of Soros Fund Management. It has returned more than 10-fold over the past 10 years.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note