Peter Halloran
From Wikipedia, the free encyclopedia
Peter M. Halloran, born April 6, 1962 , is the founder and CEO of Pharos Financial Group, an investment firm active in the markets of the former Soviet Union. He has been a leader in the development of the Russian capital markets since their inception, bringing more than $8 billion of capital to the region.
Starting in 1993, Halloran pioneered investments into Russia by purchasing nearly 10% of all outstanding privatization vouchers, in 1995 he arranged the first foreign investments into Russian treasury bills (GKO’s), and in 1997 he organized an unsuccessful $2 billion bid for Svyazinvest, Russia’s largest telecom holding company. In 2000 he bought a stake in a fledgling Russian investment bank, Aton Capital, and transformed it into a leading broker that was later acquired for $424 million by Unicredit of Italy. In 2002 he led Russia’s first domestic Initial Public Offering and in 2004 he launched a $300mm vehicle for investment into restricted shares of Gazprom, the world’s largest gas producer. Halloran has also acted as advisor to Soros Fund Management. He is currently expanding Pharos into a full service investment company focused on the markets of Russia and the region.
Halloran's maternal grandfather was Orvan Hess, a noted physician and a recipient of the American Medical Association’s Scientific Achievement Award for Hess' early work with penicillin and development of the fetal heart monitor.
Halloran graduated from Yale University with a B.A. in History in 1984, and has lived in Moscow since 1995. Previously, he worked in New York for CS First Boston, Salomon Brothers, and Morgan, Grenfell & Co..
[edit] Sources
- "UniCredito bought the Russian broker Aton Capital for $424m", by Clive Horwood for Euromoney, May 2007.
- "The Wild East : negotiating the Russian financial frontier" by Peter Westin, Part II, Chapter 4, Russian capital markets 1994-2001: a ground-level account by Peter M. Halloran, Pearson Education, 2001.
- "U.S., British Bankers Will Invest In Russian Securities House Aton", by Michael R. Sesit for The Wall Street Journal, August 23, 2000.
