May 21, 2009

Fareed Asadi Joins Black Pearl Capital as Chairman

Fareed Asadi Joins Black Pearl Capital from Julius Baer as Chairman.

Fareed Asadi has joined Black Pearl Capital as Chairman effective March 1st 2009. Prior to joining, Fareed was Managing Director at Julius Baer where he started the Client Advisory Group and managed it into a successful and profitable unit focused on the larger and more sophisticated Clients. From 1996 to 2004 Fareed worked at Morgan Stanley and Credit Suisse. “Fareed brings 17 years of Banking and Finance experience to our firm and we look forward to benefiting from his knowledge and relationships,” said Reza Irani, CEO of Black Pearl Capital.

Fareed will focus on strengthening Black Pearl Capital’s connections to the finance industry whilst helping it partner with other solution providers as needed by its Client base. He will also be instrumental in recruiting additional qualified individuals in view to expand Black Pearl Capital’s team of professionals.

Fareed will also be responsible for Black Pearl’s Global Opportunity Fund “BPGOF”.

Fareed Asadi has joined Black Pearl Capital as Chairman effective March 1st 2009. Prior to joining, Fareed was Managing Director at Julius Baer where he started the Client Advisory Group and managed it into a successful and profitable unit focused on the larger and more sophisticated Clients. From 1996 to 2004 Fareed worked at Morgan Stanley and Credit Suisse. “Fareed brings 17 years of Banking and Finance experience to our firm and we look forward to benefiting from his knowledge and relationships,” said Reza Irani, CEO of Black Pearl Capital.