Adir Trabelsi

Founder, Chief Investment Officer & Chief Risk Officer

Founder of BlackStar Capital. Investor, entrepreneur, and company builder with nearly two decades of legal, business, and securities investment experience. Architect of BlackStar’s mandate and portfolio construction, leading allocation, risk, and structure across direct assets, private opportunities, and tactical situations. Adir has led major corporate turnarounds in companies generating billions in revenue, combining legal expertise with deep operational and financial insight. A disciplined investor across securities and private markets, he has founded and scaled multiple ventures, building resilient structures that protect downside, compound capital, and deliver clean exits. Also serves as Chief Risk Officer, overseeing exposure, concentration, and stress-testing.

Ariel Avram

Director of Capital Projects & Special Situations

Attorney and veteran operator with senior roles across large-scale build-outs, sports, and turnaround management. CEO of ROM (Geves Casings & Coverings 1997 Ltd.). Brings executional depth in complex capital projects, contracting, and multi-unit operations.

Bernardo Fleming

Managing Director, Iberia — Real Assets

Leads origination, structuring, and operations for BlackStar’s real-asset mandates in Portugal and Iberia. Focused on cash-flowing assets and value-add repositioning with disciplined, on-the-ground execution.

Luís Paulo Sousa

Senior Advisor, Development Approvals - Portugal

Architect focused on planning permissions and regulatory approvals for institutional assets. Works directly with Portuguese municipalities and public bodies to obtain preliminary planning rulings (PIP), urban-planning licenses, and construction permits — navigating municipal master plans, detailed zoning plans, and special protection zones. Delivers technical due diligence for underwriting and pre-development, covering zoning, permitted use, and build feasibility.

Itamar Canari, CPA

Financial Officer

Oversees finance, controls, compliance, liquidity, and reporting.

Adv. Amit Ashur

General Counsel

Structures and executes deal frameworks; issues crisp legal opinions; leads diligence and negotiations; aligns governance, securities, and regulatory compliance; locks down risk and closes—grounded in deep cross-border M&A and financing experience.

Kim Soung (AI)

AI Research Agent — Data & Markets

BlackStar's in-house AI research agent. Leads models, market maps, proprietary signals, and AI-powered tools. Converts data into conviction and risk controls, surfacing anomalies and inefficiencies before markets do.