WHO WE AREInvesting In The Future With The Wisdom of Experience
The Pearl Fund is a pioneering investment firm specializing in structured, tax-advantaged strategies designed to build and preserve long-term wealth.
We focus on high potential, early stage investments with transformational potential—delivered through disciplined, institutional-grade investment vehicles that can deliver significant tax free returns for long term holders.
We are known for seeing and acting on things before most others. We first invested in Bitcoin over 10 years ago, we created the first tax-free Venture Capital Funds (via the Opportunity Zone Program) in the U.S., and we continue to lead with integrity, innovation, and intention.
OUR PHILOSOPHYTax-Free Wealth Creation Through Structure, Strategy, and Time.
At The Pearl Fund, we believe great investments are built like pearls: slowly, deliberately, and with care. We don’t chase trends—we design long-term strategies that eliminate capital gains taxes, protect downside, and unlock upside over time.
Whether it’s through private businesses or Bitcoin, our mission remains the same: to preserve more of what investors earn, while positioning them for the future.
OUR EXPERIENCEProven Leadership in Tax-Efficient Investment Innovation
The Pearl Funds were founded by Brian P. Phillips, a early Bitcoin investor (2013) and nationally recognized investor, entrepreneur, and advisor in high potential, early stage, tax-free investments. As the creator of the first Opportunity Zone Venture Capital fund in the country, Brian has been ranked by Forbes as one of the top 10 OZ fund managers in the country and has helped shape the national OZ business landscape.
We’ve advised Fortune 500 companies, launched top-ranked venture funds, and maintained a consistent commitment to investor-first, impact-driven results.
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Brian has a unique background and rare blend of skills ideally suited to lead The Pearl Fund. Over his 30-year career, he’s been an early-stage entrepreneur, global expert on economic development through entrepreneurship, advisor to Ivy League faculty on how to convert their inventions into viable businesses and intrapreneur in several global organizations.
Brian has been on the founding teams of a number of fast-growing startups. Two went public, two were acquired and one was sold via an MBO. As a founding CEO, he has raised over $33M in venture capital. Of course, not all his startups were successes. An important part of being an entrepreneur is navigating failure, knowing how to fail quickly and learning from your failures.
After a decade spent working with SME entrepreneurs in emerging countries, Brian learned firsthand the proven fact that the best way to improve an emerging economy is through entrepreneurship. He was a consultant for Endeavor Global, became the Global Head of Entrepreneurship at Technoserve and then worked for Goldman Sachs’ 10,000 Women, an initiative that supports fast-growing, female-led entrepreneurial ventures in Africa, India, China and Latin America.
Brian is an active member of the Academic Venture Exchange, a collaboration between experienced entrepreneurs and the technology transfer offices at Ivy League universities. Through this mechanism, he has worked with faculty inventors and entrepreneurs from Columbia, Cornell and Princeton Universities.
Brian holds a B.S. in Computer Science and a Master’s in Divinity.
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Eve brings 27 years of experience in investment banking and venture capital, plus roles in strategy, marketing, business development, product development and retail innovation for companies ranging from startups to multibillion-dollar corporations. She has worked in industries including tech, healthcare/life sciences and consumer products and services, both in the U.S. and abroad. Her breadth of experience across industries and functions makes her a uniquely capable and well-rounded resource for the Pearl Fund’s portfolio of investment companies.
Eve began her career at McKinsey & Company in New York, then transferred to their Moscow office. She left McKinsey to join Russia’s largest Russian-owned investment bank (United Financial Group, later acquired by Deutsche Bank) and was on the founding team of one of Russia’s earliest venture capital funds, identifying opportunities, investing in Russia’s emerging consumer sector and serving on the management team for investment targets.
Eve has spent over a decade in startup companies, on management teams and in marketing, sales, business development and product development roles. She is also a seasoned leader of large companies, having held executive roles at the Estee Lauder Companies for nearly a decade. As Vice President, Transformation Initiatives, she worked with the company’s C-level and Executive Leadership Team to drive transformational change and build new capabilities in areas including retail innovation, marketing, R&D and global operations. As Vice President, Strategy and Commercial Operations at MAC Cosmetics, she drove strategy, rebranding and global retail innovation initiatives.
Eve has a B.A. cum laude in political science from Yale University
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Paul Saint-Pierre’s professional experience features consistent themes of alternative investment strategies, including: i) strategic advisory services, ii) investment management, operations, compliance, securities placement, and secondary-market transactions of alternative investment funds, and iii) active principal in the design, creation and investment management of institutional-quality, SEC-registered investment companies and business development companies and their subsequent launch through retail, registered investment advisor, and mass-affluent investor channels.
He has held senior executive positions that include: Chief Financial Officer of investment companies, business development companies and a division of a corporate homebuilder; registered representative of registered investment advisors that manage alternative investment strategies; investment banker for real estate-related businesses; US REIT sector investment analyst; registered principal of broker-dealer firm that facilitated secondary-market transactions of securities issued by private equity real estate funds; portfolio manager and research director of a global real estate securities investment program; and principal advisor to institutional investors regarding their real estate investment strategies.
Paul attended University of California, (Berkeley) Graduate School of Business where he earned a Masters degree in Business Administration.
Our History
What Brought Us Here
2013 — Early Bitcoin Believer
Brian makes his first Bitcoin investment at $230, cementing his position as a BTC OG, long before mainstream adoption.
2014 — Tim Draper Buys Big
Tim Draper purchased 30,000 bitcoins which had been seized from the Silk Road by the US Marshals service and auctioned to the public
2017 — The Jack Dorsey Cultural Signal
Jack Dorsey, then CEO of Twitter and Square, begins publicly advocating for Bitcoin, helping signal BTC’s legitimacy to Silicon Valley and Wall Street alike.
2018 — The Spark for a Tax-Advantaged Vision
After Bitcoin’s dramatic price increase, Brian realizes the importance of tax-advantaged strategies for long-term BTC investing. He pioneers a unique approach using LLCs, trusts, and self-directed Roth IRAs to buy and HODL Bitcoin in cold storage — tax-free.
2019 — Launch of The Pearl Fund
Brian launches The Pearl Fund, the first tax-free early-stage venture capital firm in the U.S. built around the IRS’s Opportunity Zone program (part of the Tax Cuts and Jobs Act). A major innovation in Bitcoin and VC tax planning.
2020 — Michael Saylor buys $250M of BTC
At MicroStrategy, ushering in the corporate Bitcoin treasury era.
2022 — Bitcoin Mining Goes Tax-Free
The Pearl Fund makes tax-free investments into Bitcoin mining operations strategically located in federally designated Opportunity Zones.
2024 — First Tax-Free Bitcoin OZ Business
Brian establishes the country’s first Bitcoin Opportunity Zone Business, enabling Pearl Fund investors to participate in tax-free BTC investing and business ownership at the intersection of Web3 and public policy.
2024 — U.S. Bitcoin Spot ETFs Launch
Marking a major milestone in institutional adoption.
2025 — Tax Free BTC
Launched USA’s first tax-free Bitcoin fund.
Introducing the Pearl Bitcoin Fund
With the launch of Pearl BTC, we’re bringing our disciplined approach to a new frontier: Bitcoin.
As the first tax-free Bitcoin fund, Pearl BTC allows accredited investors to reinvest capital gains into Bitcoin and eliminate future capital gains taxes—through the same IRS-backed strategy we’ve used to build lasting investor value across our prior funds.
See If You Qualify
Interested in investing in BTC tax-free? Answer the following questions, and if you meet the IRS’s requirements our team will follow up with a video conference call
OUR APPROACHMethodically Planned, Compliant, Investor-First.
Each Pearl fund is carefully structured to deliver clarity, compliance, and confidence to accredited investors. We follow strict regulatory guidelines, partner with top-tier institutional custodians, and maintain full transparency at every step of the process.
We are not speculative. We are not day or swing traders. We are a trusted partner in long-term wealth preservation.Whether it’s through private businesses or Bitcoin, our mission remains the same: to preserve more of what investors earn, while positioning them for the future.
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