Details

Industries

Finance,Financial Services

Founded date

Jan 1, 2004

Operating Status

Active

Investor Type

PE

Since 2004, Eos has invested in China, both long and short, participating in the Middle Kingdom’s astonishing growth while hedging against its widespread fraud and corruption.

Eos has achieved tremendous success from following a rigorous approach to due diligence. If a company passes their review and presents a good value, they invest. At the other extreme, when they find a company has defrauded investors, they short the stock. Eos’s fund manager, Jon Carnes, blew the whistle on seven Chinese stock frauds. All seven were subsequently delisted from the U.S. exchanges and the SEC charged three companies with fraud.

In 2011, Eos distributed all the invested capital and accumulated profits to its individual investors. Today, Eos exclusively manages the assets of its largest investor, an endowment fund that has donated over $3 million to various charitable causes since its establishment.