Leveraging opportunity through innovation and best practice

About us

Black Pearl Capital was established as a multi-family office to manage our founding partners' proprietary investments; it has since evolved into a co-investment platform specialising in opportunistic private and public equity investments across various industry sectors.

Our global network plays a vital role in our success, enabling us to identify opportunities, allocate capital efficiently, execute swiftly and nurture capable management teams to oversee our investments.

Headquartered in Geneva, with offices around the world, Black Pearl Capital invests globally spanning the USA, Europe, Asia and the Middle East.

About Us

$500m invested

30+ companies

$15 billion GDV

2,500 homes

Over $500 million of proprietary capital has been deployed by BPC since 2007

Invested in over 30 portfolio companies globally

Co-invested in the development of over 1,000 megawatts of data centers worldwide

Developing 2,500 homes in the UK alone, equating to a GDV in excess of $950 million

Our founders

Reza Irani-Kermani

Reza is an accomplished financial executive with a strong educational foundation in France and the United Kingdom. After graduating from the University of Birmingham in 1989 with a degree in Production Engineering, he launched his career trading bullion and foreign exchange at Management Investment and Trade (MIT) in London, a subsidiary of MKS Finance. By 1991, he had risen to the role of General Manager, leading MIT to substantial growth and personally overseeing daily turnovers exceeding $10 billion.

During his leadership at MIT, Reza managed a significant transition when Po Sang Bank, a sister bank to the Bank of China, acquired shares in the company. Later his strategic skills were crucial in orchestrating the subsequent profitable sale of Po Sang Bank's shares to Amalgamated Metals Corporation (AMC). Prior to co-founding Black Pearl Capital with Abbas, Reza was also an executive at The Abela Corporation, a global enterprise with diversified interests, where he further developed his expertise in strategic investments.

Abbas Jafarian

Prior to Black Pearl Capital Abbas was a co-founder at Symphony Partners Plc, a property and asset advisory firm. In this role, he was responsible for identifying and structuring over €700 million in real estate and private equity transactions within the Eurozone. During his tenure at Symphony Partners, Abbas served on the investment committee for several MENA based investment trusts, offering insights into investment strategies and asset allocation. Abbas has previously held positions as an investment executive at Morgan Stanley, chartered accountant at Deloitte’s and Arthur Andersen. He holds a bachelor's degree in business administration and international relations. Abbas qualified as a chartered accountant with Deloitte’s in 1992 and furthered his education with an MBA from London Business School in 1998.

Abbas is a notable sportsman and environmental advocate. He gained international acclaim in 2017 as the first Iranian to trek across Antarctica to the South Pole, a journey documented by the Discovery Channel to highlight environmental preservation.

CloudHQ - Ashburn VA 144 MW Critical IT Load - 998,440 SF

Black Pearl Capital carries an extensive track record of success across numerous industry sectors

Our history

Investment strategy

Proprietary investments

Our approach involves deploying a robust investment strategy leveraging our extensive partner network to generate potential deals. We maintain a prudent opportunistic stance in global markets, seeking value while considering downside risk. Our investments span various business stages, encompassing diverse industries such as real estate, technology, financial services, industrial and renewable energy.

Remaining flexible, we closely monitor market conditions and business cycles to optimise returns without adhering to a conventional predefined investment horizon. Our preference lies in controlling positions, allowing for active collaboration with management to develop and execute their strategy.

However, we also participate passively alongside trusted partners.As conservative investors, we avoid leveraging our investments andcarefully size investments to account for risk.

Co-investment platform

In 2023, we created Black Pearl Capital Partners SPC to oversee the management of a segregated pool of capital, formalising our co-investment platform.

Black Pearl Capital Partners SPC is a private fund registered with the Cayman Islands Monetary Authority (CIMA) as a vehicle to invest in segregated portfolios. This structure provides our co-investors the opportunity to invest alongside us in a single deal or into portfolios where we express our high conviction strategies.

Our private fund operates within the robust regulatory framework of CIMA and is supported by industry-recognised counterparties operating as an independent administrator and transfer agent, depository bank, legal counsel and auditor to ensure strong governance and independent oversight for external investors.

Investment Strategy

Waterbridge Real Estate Portfolio – Pasaz Pokoyhof Building, Wroclaw, Poland

We generate deal flow from our extensive global network

Where we invest

Real Estate

Since 2007, our primary focus for deploying capital has been the real estate sector across a spectrum of strategies, including greenfield development, value-add, and core yielding assets.

Hyperscale Data Centers

Black Pearl Capital has extensive experience investing in the data center sector globally. Since 2016, we have co-invested development equity in hyperscale data center projects in the USA, Europe and Latin America.

Technology

Since its establishment, Black Pearl Capital has achieved success investing in the technology sector, with a predominant focus on software and social media spaces. We engage in co-investments during venture and growth capital financing rounds.

Financial Services

Over the past decade, we have strategically invested in financial services focusing on experienced and dynamic management teams. Our collaborative approach allowed us to participate in the long-term value creation of these investments.

Industrial & Renewable Energy

Black Pearl Capital was an early-mover in the renewable energy sector investing in solar, wind and biomass projects since 2009. After divesting from the sector and successfully liquidating our investments, BPC remains committed to identifying opportunities that offer both sustainable growth and robust financial returns.

In the industrial sector, BPC took an active role in the restructuring of a UAE-based specialist fabricator of equipment for oil and gas service companies, contractors and operators. BPC provided capital and assisted with on-the-ground operational support, working closely with management to successfully turnaround the business and exited in 2015.