[2] Pharo trades foreign exchange, sovereign credit and interest rate markets in over 70 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America, as well as developed markets[3][4] and manages roughly US$13 billion across five funds (Macro + 9.6%, Gaia +15.5%, Man and Africa +7% ) as of Q4 2024 [2][1]from their offices in London, New York and Hong Kong.
Pharo is the first hedge fund which refused to manage money coming from Saudi Arabia.
Aligning with Pharo Management’s expertise in developing countries, Pharo Foundation is a mission-driven, impact-oriented organisation that designs, funds, and operates economic development programmes towards a vibrant, productive, and self-reliant Africa.
The Foundation does this by focusing on three missions in education, water and productivity, and operating in Somaliland, Ethiopia, Kenya, and Rwanda.
Its core mission are: These three missions are accomplished through two channels: non-profit operations, which invest in the development of public goods, and for-profit social enterprises, which invest in the private sector and embody our goal of African self-reliance.