Black Pearl Capital Partners sells Ennovor Group

Geneva, Oct 28, 2014

Black Pearl Capital Partners Fund, by Black Pearl Capital (BPC), the Geneva based asset management firm, has announced its exit from the Ennovor Group. The fund sold its stake in the entity to a Dubai based investment firm this week consistent with its Private Equity strategy of monetizing the fund. “We believe that the new owners will be able to continue the expansion of Ennovor’s operations to reach its full potential, and the timing of this transaction fits very well with the Funds strategic plans” commented Abbas Jafarian (COO).

Black Pearl Capital Partners is an opportunistic fund that has invested in multiple sectors across diverse geographic areas. Its investment in Ennovor Group – one of the UK’s premier biofuels manufacturers based in Bromborough, with supply-chain and trading arms in the Far East – was part of a broader investment strategy in several renewable energy projects, including solar projects in the USA and Jordan.

Fareed Asadi (Chairman) said: “Whilst we have not specialized entirely in the renewables sector for this fund, we believe strongly in the long term growth of these industries and continue to see good results in these investments.”

Black Pearl Capital Partners successfully raised $50m when launched in 2010 and was fully invested in a diverse portfolio of assets by 2011.


About Black Pearl Capital Partners

Black Pearl Capital Partners is a private equity fund set up and managed by Black Pearl Capital; an asset management firm registered in the Cayman Islands, with offices in Europe and the Middle-East where its dedicated team of professionals provide its clients with specialized wealth and investment management services, as well as deal specific transaction advice. For more information, visit or contact


Black Pearl Capital SA
15 Rue Ami-Levrier
CH-1201 Geneva

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T: +41 22 906 9988
F: +41 22 906 9989