Peter Black served as the chief executive officer and general partner of Philanthropy Capital Management for five years after founding the firm in 2015. He also served as a portfolio manager and was responsible for investment selection, trading activities, and client relationship management. During his tenure, Peter Black established a policy of donating 20 percent of the company’s profits to charitable causes. Alongside these, he has made donations to the Children’s Health Fund and the Heart Fund.
In his role, Mr. Black drew on two decades of investment experience, during which he held various positions at multiple firms. For three years, he served as Wynnefield Capital’s director of research, a role he was promoted to after serving as a portfolio manager for a decade. Mr. Black specialized in identifying and investing in undervalued and underrecognized firms.
As a director, Peter Black oversaw the approval process for new investment ideas while reviewing analyst performance. He also managed Wynnefield’s investment into DLH Holdings Corp., which included restructuring DLH leadership and organizing a recapitalization of the firm that ended up providing a 750% return.