Date updated:03-19-2007
Pardus Capital was launched in April 2005 by Karim Samii, who enjoyed a successful career at the investment firm W. R. Huff of Morristown, N.J. The fund has been an “activist” and is already earning a reputation as a renegade hedge fund.
The decision to start his own hedge fund came on a bright, snowy morning in December 2003, when he and his wife were visiting his in-laws in Hamburg, Germany. "I was jogging around the lake and I said to myself, 'Where do I want to be five years from now?' " he said. "It's a big bet," said Mr. Samii, 42. "But if you think you're good, you take the risk."
As of 12/31/06

-
VC
N/a - $0.59
- 0.00
- $0.59
10/26/06 In a 13D filing this morning on Visteon Corp. (NYSE: VC), Pardus Capital disclosed a 15.6% stake (20 million shares) in the company. The fund bought 2 million shares between 10/24 and 10/25 at prices from $7.50 to $7.85. From streetinsider.com

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VMED
Virgin Media Inc. - $16.40
- -1.20%
- $16.41
No Analysis added

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F
Ford Motor Co - $8.64
- -1.03%
- $8.63
No Analysis added

-
UAUA
Ual Corporation - $7.02
- -0.71%
- $7.10
No Analysis added

-
LEA
- $63.75
- +0.39%
- $63.75
No Analysis added

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ICOG
Ico Global Commun - $0.83
- 0.00%
- $0.81
No Analysis added

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BFT
Bft - $0.00
- N/A
- $N/A
No Analysis added
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A. On DRYS, I'd look at the shipping
industry overall. He references $BDI,
there's also a $BDTI for oil tankers.
They trend differently. I suppose it
depends on your timeframe as to whether
or not you consider. Global trade is
chugging along (reference on DSX for
example were more related to
transatlantic traffic than pacific).
A. The only one I own : SLX,
too hard pick a winner out all of them
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