Peter Halloran: Bringing $8bn to the Russian Capital Markets

Peter Halloran is the Founder and CEO of the Pharos Financial Group, a private investment firm that has delivered 10 year annualized returns of +25.6% specializing in the capital markets of Russia and the former Soviet Union. Peter has been a pioneer in the development of the Russian capital markets since their inception, bringing over $8bn in capital to the region through equity, debt, and private placements. He produced Russia’s first local IPO in 2002, helping to further evolve domestic markets and creating a template for bringing a company public in Russia that is still used today.

In this Opalesque.TV interview, Peter Halloran talks about his early hands-on experience in working with local Russian bureaucrats and exchanges to modify outdated Soviet-era legislation in order to advance the fledgling Russian capital markets. He gives us insight into the launch of Pharos, and how he utilizes his insider perspective of Russian markets to facilitate and diversify investment capabilities for his investors.

Learn about:
• Privatization vouchers and the early Russian debt market
• The first local Russian IPO
• Foundation of the Pharos Financial Group
• How Pharos survived 2008-2009
• Outstanding opportunities in Russian equities

Peter Halloran graduated from Yale University (BA 1984) and spent ten years in New York working on Wall Street with Salomon Brothers, Morgan, Grenfell & Co., and CS First Boston. He worked as the principal contributor toward building the CS First Boston equity and fixed income brokerage businesses in Russia and the CIS, and from 1995 through 1997 managed a $300m proprietary trading account while being responsible for all equity trading, research and sales at CSFB in Moscow. During his tenure CSFB became the top-rated broker as measured by research ranking, trading volume and profitability. From 2000 to 2002, in addition to his duties with Pharos, Peter served as chairman of Aton Capital Group and held a stake in the company. Under his guidance that company launched the first local Russian IPO and became a leading Russian investment bank which has since been acquired by Unicredito for $424m.
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Peter Halloran is the Founder and CEO of the Pharos Financial Group, a private investment firm that has delivered 10 year annualized returns of +25.6% specializing in the capital markets of Russia and the former Soviet Union. Peter has been a pioneer in the development of the Russian capital markets since their inception, bringing over $8bn in capital to the region through equity, debt, and private placements. He produced Russia’s first local IPO in 2002, helping to further evolve domestic markets and creating a template for bringing a company pu ...more