Tag Archives: private-placements
Texas Fund Manager Settles Insider-Trading Claims
Bloomberg – A Dallas hedge-fund manager and entities he owns agreed to pay $788,016 to settle U.S. government claims they made more than $500,000 by shorting shares of companies while using inside information that issuers would conduct private placements. Edwin […]
Russia Looks Gloomy due to Crisis
West Palm Beach (HedgeCo.net) – The Russian market continued to sell off in October as the global financial crisis continued to wreak havoc everywhere, according to the Pharos Russia Fund, October was the fifth consecutive month of losses for the RTS […]
Pharos Hedge Fund Launches Office In Dubai
West Palm Beach (HedgeCo.net) – Pharos Financial Advisors Limited, a specialist emerging markets fund manager, announced that it has been granted a license by the Dubai Financial Services Authority (DFSA) to operate as an authorised firm within the Dubai International […]
Pharos Russia Funds Resilient, but Drop With Russian Market
West Palm Beach (HedgeCo.net) – Conservatively positioned given the high level of stress that existed on the global financial system, the 3 Pharos Russia Funds’ current strategy uses alpha generation which comes from a combination of stock selection and active […]
Pharos Russia Hedge Fund Holds Up In June
West Palm Beach (HedgeCo.Net)- Russia has held up very well over the month of June according to one of the most experienced Russian hedge fund managers, Pharos Financial Group. For the first half of 2008, the Pharos Russia Fund was […]
