Pharos to roll out two PE funds

Pharos to roll out two PE funds. (EB FILE)

Pharos Financial Group will launch two private equity funds this year with each fund targeted to raise $350 million (Dh1.28 billion), a senior company official said yesterday. "We have two private equity funds in joint venture with Dubai-based Miro; one is an agriculture fund focused on Eastern Europe and Africa and other is a timber fund," the official said.


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