Hedge Funds

Karos is back with Aplos equities fund

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Paul Karos, the former president of Piper Jaffray's equities and investment banking business, is back. Karos recently rolled out a multi-sector equity hedge fund, Aplos Advisors. The fund will focus on healthcare, technology, consumer and business services. Karos, who is 100% Greek, named his fund after the Greek word for humble, "aplos."

Karos employs a team of four analysts that cover each of the fund's sectors of focus. The fund uses a business model valuation approach with a relative value overlay when analyzing companies. This approach is the same one used by Karos when he was an airline