Pharo Management Llc (New York)
Pharo Management Llc Is a Large Advisory Firm Based in New York. It Manages $21.8 Billion of Regulatory Assets for 4 Client Accounts. It Has Been Registered...
Pharo Management LLC is a large advisory firm based in New York. It manages $21.8 billion of regulatory assets for 4 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of New York.
Pharo Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Pharo Management: assets under management
The assets under management (AUM) of Pharo Management LLC is $21.8 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 566% since the beginning of its operation, and $21.8 billion of the total AUM is attributable to clients outside of the United States.
The firm manages $21.8 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $5.45 billion each.
Pharo Management has custody of $21.8 billion in cash and securities for 4 clients in total but doesn’t act as a qualified custodian.
What kind of clients Pharo Management serves?
The only and largest group of clients of Pharo Management is pooled investment vehicles with 4 clients and $21.8 billion of assets under management. Among the 7 most similar advisory firms, Pharo Management has the highest percentage of pooled investment vehicles out of all clients.
The amount of regulatory assets under management is $21.8 billion for 4 clients. 100% of the firm’s clients are foreign persons or businesses.
Pharo Management also advises several private funds. Namely, four hedge funds. The minimum investment commitment required of non-related persons ranges from $1,000,000 to $5,000,000.