Pear Tree Funds

Pear Tree Funds operates as a manager of managers. It selects third-party investment teams as sub-advisors, each running a distinct strategy, and combines them into multi-manager portfolios. The firm does not employ a centralized in-house investment team to pick individual securities. This architecture is designed to diversify manager risk and avoid reliance on a single investment style.

The firm publicly names two sub-advisors: Essex Investment Management Company, which focuses on early-identification growth investing, and Polaris Capital Management, a global and international value equity manager that has been operating since 1995. A full list of all sub-advisory relationships is not published on the firm's website. The underlying manager roster may include additional undisclosed managers.

Pear Tree Funds pairs growth and value styles under one roof by allocating to managers with contrasting philosophies. Essex Investment Management covers the growth side through early-identification growth strategies, while Polaris Capital Management covers global and international value. This deliberate style pairing is central to the firm's multi-manager construction framework.

Pear Tree Funds primarily offers registered mutual funds, branded under the Pear Tree Funds name. Investor contact information and the existence of a dedicated sales team suggest distribution to both individual and institutional buyers. The firm does not explicitly advertise separate account capabilities on its public-facing site.

The firm has not publicly disclosed the individuals or committee responsible for manager selection and oversight. As a Boston-area firm with a small geographic footprint and a manager-of-managers structure, the governance and decision-making process for sub-advisor evaluation is likely centralized at the Lincoln, Massachusetts office. No named principals or investment committee members appear in the available primary sources.