Business · October 31, 2019

Reza Irani Kermani co-founder Black Pearl Capital

Reza Irani-Kermani finished up his sixth-grade studies at the French School, Lycée Razi until 1980. He then resumed his high school education at the Complexe Scolaire de Valbonne, Sophia Antipolis, Valbonne in France, where he got his International Baccalaureate. He travelled to Birmingham, United Kingdom, where he studiedProduction Engineering and Commerce at the University of Birmingham in Edgbaston. In 1989,he got his honours degree in Engineering. He immediately started work at Management Investment and Trade “MIT” Ltd in London. Reza started as a Clerk and rapidly moved up the rank to be General Manager by 1991. Under his management, MIT became one of the largest trading houses in the world with a daily turnover of US$11 Billion.

Reza Irani

In 1993, whilst MIT was looking to expand their business in the Chinese markets, MKS Finance SA, the parent company of MIT sold their shares to PO Sang Bank, a sister Bank of Bank of China.

Due to red tapes in China and different mind sets, Reza realized that Po Sang Bank would not be able to sustain the growth level he wished. Preussag AG, one of Germany’s largest conglomerates wished to partner with the existing joint venture. This allowed for Po Sang Bank to bow out and Amalgamated Metals Trading Limited, the London affiliate of Preussag AG became MIT’s partner. Reza remained in charge of a very successful business until 1997, at which point he decided to change career. He ended his association with AMC and joined the Albert Abela Corporation as aboard member. He carried on with his responsibilities with the Abela Corporation until the death of its founder Mr. Albert Abela.

In 2000, Reza Irani co-founded Symphony Partner PLC in partnership with Abbas Jafarian, a Morgan Stanley Banker. Beside its exceptional trading portfolios, Symphony was involved in real estate asset management for a large MENA Fund. Its major activities under their control were sourcing, organising financing and property management of the key assets.

As their business thrived, Reza Irani-Kermani and Abbas Jafarian established Black Pearl Capital SA, “BPC” in Geneva in 2007. BPC is their proprietary investment company.

In 2009, they created Black Pearl Global Opportunity Fund “BPGOF” where they pooled in BPC Partners’ funds with a mandate to invest in liquid and publicly traded financial instruments.