Pharo Management, Inc.

**Pharo Management, Inc.** is a focused investment manager currently overseeing $19M in assets under management. The firm's portfolio exhibits high concentration, with its single top holding being EMB, representing $18.7M of the total AUM. This structure indicates a highly concentrated, single-name conviction play within the current market cycle. Investors should note the significant weighting toward EMB, which dictates the fund's near-term performance profile.

📌 Top Holdings