Pearl Capital's Partners Add $1mn To AUM
San Francisco-based volatility trader Pearl Capital Advisors has received an additional $1mn injection from the firms own partners.
"Today the partners of Pearl tripled its Program investment from $0.5M to $1.5M. While our performance has lagged lately, we increased our investment to demonstrate our confidence in our research" said Managing Partner Timothy R. Jacobson, CFA in a newsletter.
"Recently, we have expressed real, but only verbal, confidence in our process and Program...now we want to give tangible support to our research-based conclusions", said Jacobson.