Firms To Watch: Investment and venture capital funds

Weiss, Porat & Co stands out for its track record in representing leading Asian companies in all their investment operations, including in the field of technology.
With sector expertise in the high-tech and life sciences industries, Horn & Co is noted for recently acting for an Israeli-Chinese investment fund in a joint venture agreement.

Investment and venture capital funds in Israel

Amit, Pollak, Matalon & Co. Advocates and Notary

Amit, Pollak, Matalon & Co. Advocates and Notary‘s private fund formation and transaction practice maintains a leading position in the market, representing half of the technology incubators and innovation labs in Israel, as well as a number of real estate and infrastructure clients. The team is led by Maya Issacharov, whose broad practice spans fund formation, fundraising and representation, while co-head of the high-tech and venture capital department Ian Rostowsky is a key contact for venture capital work. Firm president Yonatan Altman stands out for having over 25 years of experience in the technology sector, and Stephen Barak Rozen focuses on the formation of technology incubator funds to invest in start-ups. Highly praised by clients, Tal Tsarfati-Doron is also noted.

Responsables de la pratique:

Maya Issacharov


Autres avocats clés:

Ian Rostowsky; Yonatan Altman; Stephen Barak Rozen; Tal Tsarfati-Doron


Les références

‘This is one of the most experienced teams in Israel on these issues.’

‘Maya Issacharov, who heads the practice, is considered the best in Israel in the field.’

‘We have been working with this firm for over 10 years, both commercially and in fund formation. Both teams have been superb in execution: fast, efficient, smart.’

Principaux clients

12.64 Fund


Accelmed Growth


aMoon Growth Fund


And Ventures


Canaan Partners Israel


CanNegev


Deep Insight Ventures


F2 Capital


FinTLV Ventures


Firstime Ventures


Forma Fund


Genesis Partners


Glilot Capital Partners


IFF-Frutarom-FoodNxt


IL Ventures


Inimiti Ventures


Israel Infrastructure Fund- IIF


Klirmark Opportunity Fund


LionBird


Marathon Real Estate Fund


Merlin Fund


MindUp Ltd.


Mobilion Ventures


Moneta Capital and Moneta Seeds


Nextleap Ventures


Nielsen Innovate Fund


RMGP Biopharma Fund


Shaked Partners


Sparks Foodtech Food Technologies Limited Partnership


StageOne Ventures


Sweetwood Ventures


Terra Venture Partners, TerraLab


The Kitchen Hub


The Time Innovations


Timora Real Estate Fund


Vitalife I, SCP Vitalife II


Principaux dossiers


  • Handled the formation of Timora Real Estate Fund, which raised approx. $190m.
  • Handled the formation of aMoon Growth II, which raised $350m.
  • Handled the formation of F2 Select Fund, which raised $85m.

Goldfarb Gross Seligman & Co.

The January 2023 merger between Goldfarb Seligman and Gross & Co. cemented Goldfarb Gross Seligman & Co.‘s market-leading position in the investment funds field in Israel, where the team routinely represents leading Israeli fund managers, investors and high-net-worth individuals. It is active in an array of matters, spanning fund formation and taxation, venture capital, private equity and real estate fund work. Real estate investment specialist Oren Wolpin and venture capital and private equity funds experts Ayal Shenhav and Layla Chertow are key practitioners, as is Eli (Robert) Barasch, who is recognised for his specialisation in China-Israel cross-border transactions. Eylon Szatmary is well versed in private equity, venture capital, hedge funds and debt funds.

Responsables de la pratique:

Ayal Shenhav


Autres avocats clés:

Oren Wolpin; Layla Chertow; Eli (Robert) Barasch; Eylon Szatmary


Les références

‘Willingness to provide advice at any time and on any day with deep professionalism and knowledge of the subject.’

‘Out-of-the-box thinking with legal and business advice to match. Extensive knowledge of industry standards and deep understanding of business.’

‘Oren Wolpin and Eylon Szatmary form the perfect team for any fund-related issue, with cutting-edge ideas, attention to detail, and great responsiveness. This team knows what is important to the client and sees their needs when it comes to drafting, reviewing and discussing, whether it is current or ad hoc matters.’

Principaux clients

83 North


91 Ventures


Abu Family REIT


Accelmed Partners II


Almeda Ventures


Alto Real Estate Funds LLC


Altshuler Shaham Properties


Aluma Infrastructure Fund (2020) Ltd.


Amiti


Amitim


AMoon


Arava Power


Arbor Ventures


Aristagora Ventures


Aviv Venture Capital


Balderton Capital (UK) LLP


Battery Ventures


BayernLB Capital Partner


Bessemer Venture Partners


BIT Enterprises Ltd.


Blumberg Capital


Bullet Ventures


Canaan Partners


Cardumen Capital SGEIC, S.A


Catalyst-CEL China-Israel Fund


Cedar Ventures


Clear Future


Compit Now


Copia Global Markets Fund Ltd.


Cyberstarts


Deutsche Telekom


Dynamics Ventures


E44


Earlyview Access


eHealth Ventures


Electra Real Estate Ltd.


Emerge


Exigent HP Fund


F2


Finance Differently


FinTLV


Fortissimo


FXP


Gsharim Fund


Giza


Glilot Capital Partners


Glilot Growth Fund


Goldman Investments


Hanaco Venture Capital


Hasso Plattner Ventures


I Squared Capital


iArgento


IBI Investment House Ltd.


IBI Investment House Ltd. – COMRIT


IBI Investment House Ltd. – CCF


IBI Investment House Ltd. – SBL


IBI Investment House Ltd. – Tevel


IBI Investment House Ltd. – Volcano


IBI Investment House Ltd. – Quality (QCF)


IBI Investment House Ltd. – CLO Strategies Fund


IBI Investment House Ltd. – Datacom


IBI Investment House Ltd. – Re’em Equity


IBI Investment House Ltd. – Re’em Opportunities


IBI Investment House Ltd. – Re’em Global


IBI PILLAR (International Real Estate)


Insight Partners


Israel Secondary Fund


Israeli SFR Opportunity Fund


IWI


K Fund


K1 Fund


Khosla Ventures


Koch Disruptive Technologies


Lenovo Capital


Lightspeed


Ma’ayan Fund


Magenta


Magma


Makers Fund


Manor Evergreen


Medica Venture Partners


Mehadrin


Meitav Investments House


Menivim the New REIT Fund Ltd.


Menora Mivtachim Holdings Ltd.


Munich Venture Partners


Next Gear


Nili Capital Partners


Norwest Venture Partners (NVP)


Oleh


Ogen Financial Solutions


Oryzn


Pagaya Technologies Ltd.


Poalim Capital Markets


Profits for Growth (PFG)


Psagot Value Properties Ltd.


RentIt


REV (Reed Elsevier Ventures)


Rio Ventures Inc.


RUNI Ventures


Ruby Capital


Rysy Properties Limited


Saban Ventures


Scale Venture Partners


S-Capital


Sequoia Capital Israel


Shaked Partners Ltd.


Shamrock


Shasta Ventures


Shemaria Family Real Estate Investment Activity


Sheva Ventures fund


Silver Lake


Sorenson Ventures


Starfund Ventures


State of Mind I, State of Mind II, State of Mind III, State of Mind Momentum


Storm Ventures


Strips


Symbol Fund


Tadiran


Technology Crossover Ventures


Temasek Holdings Private Limited


Tenaya


The Crossroads FCP-FIS fund


The Phoenix Insurance Company Ltd.


Phoenix Real Estate Debt Fund


Thoma Bravo


Titan Capital Partners


TLV Partners


TPG Growth


TPY Capital


Triventures Series SPV


Tulip Fund


Unorthodox Ventures


UP West Ventures


Value Fund for Non-Bank Financing Limited Partnership


Verizon Inc. and its Israeli subsidiaries


Vertex


Vintage


Walden International


WRVI Global Capital Managers LLC


WTI


YL Ventures


York Capital


Principaux dossiers


  • Represented Hanaco Venture Capital in the formation of a series of VC investment funds, advising from inception on all aspects of structuring, formation and fundraising.
  • Represented HomeRun management and a number of anchor investors in the formation of Manor Evergreen Investments Fund, a private equity fund with a unique evergreen structure.
  • Represented IBI Investment House in the structuring, formation and fundraising of alternative and hedge funds, including over 10 distinct financial funds that raised billions of USD combined.

Herzog Fox & Neeman

Herzog Fox & Neeman‘s investment funds department routinely advises on the full spectrum of investment fund work, including fund formation, the drafting and negotiation of investment transactions, and the preparation of exit and liquidations strategies. Venture capital funds and private equity funds specialist Tal Dror Schwimmer jointly leads the practice alongside tax expert Meir Linzen, who is noted for having cross-border tax planning and structuring capabilities. Michal Lavi is the key contact for advice on fund formation, an area in which Gal Sasson is also particularly well versed.

Responsables de la pratique:

Meir Linzen; Tal Dror Schwimmer


Autres avocats clés:

Michal Lavi; Gal Sasson;


Les références

‘Competent team with good knowledge of all relevant issues. Ability to distinguish between major and minor issues. High availability with quick response time and ability of team members to deal with all relevant issues.’

‘The team members are highly qualified and have excellent knowledge of the law. Tal Dror is certainly one of the leading lawyers in the field, intelligent, fast, efficient, with a deep understanding of all issues and the ability to conduct good, fast and efficient negotiations. We are very happy to have him on our side.’

Principaux clients

Afcon


Altshuler Shaham


Apexus


Arava Power


Arkin Holdings Ltd


Argis


Awz Ventures


Ben Simon Sussman Capital Ltd


Blackstone


Bridges Israel


Clal Insurance Company


Cogito Capital


Eden-Alpha


Eden Discovery


Flora Ventures


Greenfield Partners


Grove Ventures


Hanavah Macro


Hyperwise Ventures


Israel Secondary Fund


Jibe Ventures


Leader Capital Markets


Leumi Bank


Lahav Funds


Manor Evergreen Fund


Menora Insurance


Meron Capital


NewVest


NFX Capital


NGT Ventures


Northwind Group


One Investment Partners


Phoenix


Paz Energy


Poalim Equity


Psagot


Quantum


Rakia Capital


Reality Investment Funds


Reality Germany Funds


Roligo


Shaked Partners


Sphera Hedge Fund


Stardom Ventures


Sweetwood Ventures


Value Base


Viola Group


Vgames


Principaux dossiers


Meitar Law Offices

Regularly entrusted by leading Israeli institutional and non-institutional investors and managers, Meitar Law Offices notably advises on fund formation, with expertise across venture capital, private equity, hedge funds and real estate funds. The team is particularly active in taxation issues, where tax specialist Eldar Ben-Ruby stands out for his expertise in international taxation, while Hodiya Schnider‘s practice focuses on alternative investments and private investment funds. Other key names include Dan Shamgar, a specialist in corporate and securities issues, and venture capital and debt financing specialist Efrat Ziv.

Responsables de la pratique:

Eldar Ben-Ruby; Hodiya Schnider; Dan Shamgar; Efrat Ziv


Les références

‘It is a “one-stop shop” where we can find professional support in tax, legal, and regulatory matters for both the Israeli and US markets.’

‘I have been working with Meitar for a couple of years. They are an excellent, professional, punctual firm.’

‘Efrat Ziv is a creative, talented, and valuable partner. A top-notch lawyer.’

Principaux clients

Pitango Group


Vintage Group of Funds


New Era Capital


Team8 Fintech fund and Team 8 capital


Viola Group


Vertex Group


Key 1


Qumra Capital


ION Asset Management


10D Ventures


Disruptive Ventures


Brosh Capital


Collider Ventures


Migdalor


Iangels


BeAviv Debt Fund


Lumir Ventures


Principaux dossiers


  • Represented Pitango Group on an ongoing basis, including in the formation of Pitango Growth III, Pitango IX and Pitango Healthcare II Fund.
  • Represented Vertex Group on an ongoing basis, including in the formation of Vertex VII and Vertex Opportunities III.
  • Represented New Era in the formation of New Era Capital Partners II and in the formation of New Era Capital III.

Raveh Haber & Co.

With significant expertise in private equity and taxation, boutique firm Raveh Haber & Co. maintains a thriving investment funds practice, which is a go-to choice for an array of funds and managers seeking advice on structuring and fund formation, exit strategies and tax regulation. Gil Raveh is noted for his specialisation in international tax law and real estate investments, while Miriam Haber is regularly engaged by leading private equity funds and institutional investors in complex, often cross-border transactions. The team also includes private equity partner Yuval Arad and Rachel Arnin, also noted for her knowledge of private equity fund formation.

Responsables de la pratique:

Gil Raveh; Miriam Haber


Autres avocats clés:

Yuval Arad; Rachel Arnin; Chaim Tekuzener


Les références

‘The team consists of legal experts with in-depth knowledge of this dynamic industry and the legal, tax and administrative aspects, which help us make informed long-term decisions.’

‘Gil, Chaim, and Miriam were committed, knowledgeable, professional, and very plugged in to the local actors, which helped me beyond my expectations in both the legal steps and the business negotiations and process. I enjoyed working with the team at Raveh Haber, and would love to work with them again in the future.’

‘Gil adds tremendous value: without him, we would not have arrived at the same excellent result. He knows when and what to strive for and when to accommodate requests, which really helps to be efficient and get a great result. Chaim and the team worked around the clock to accommodate our requests and were always available for us. We have found a partner for the long haul.’

Principaux clients

Hamilton Lane


Electra America Inc.


American Landmark LLC


Korman Properties Group


Buligo Partners Group


Value AP Partners II Ltd.


Noy Infrastructure and Energy Funds


Tene Capital Group


Green Lantern Group


Kedma Capital Partners


White Malaga Dekel and More Real Estate Fund I LP


Tishrei Funds Ltd.


Mountain Lion Holdings


The Naftali Group


The Shaked Group


Israel Legacy Partners


Wiser Alternative Funds


JTLV


Israeli Growth Partners


Principaux dossiers


  • Represented Electra America and American Landmark in the formation of and fundraising for ALEMIF IV LP, their fourth fund for investments in multi-family flat complexes in Southeast United States.
  • Acted as legal Israeli counsel to Hamilton Lane and assisted with the legal, regulatory and tax aspects of the offering of interests in various private investment funds to Israeli institutional investors and high-net-worth individuals.
  • Represented Tene Capital, the control holder of Gadot Chemical Terminals (1985), in its fundraising of $42,000,000 for the purpose of completing the purchase of Haifa Ports Company together with Adani Group.

Arnon, Tadmor-Levy

Arnon, Tadmor-Levy houses a team of experienced practitioners with a track record of representing private equity and venture capital clients across the entire investment fund spectrum. The team is particularly active in fund formation in the real estate, energy, fintech and high-tech fields, with practice co-head Ram Spektor noted for his real estate, infrastructure and energy specialisation. Fellow co-head Yarom Romem regularly advises managers and fund sponsors on the structuring of venture capital and private equity funds.

Responsables de la pratique:

Yarom Romem; Ram Spektor


Les références

‘Experts in their field. Efficient and fast.’

‘Highly motivated, independent and professional.’

‘Ram Spektor is very knowledgeable and helpful. He communicates any potential issues clearly and is very easy to work with.’

Principaux clients

BRM


Clal Insurance Company


Gemini Israel Partners


Harel Insurance Company


HetzVentures


Ibex Israel Fund (f/k/a Lazarus)


OurCrowd


Peninsula SMB


Shefa Capital


The Garage


The Phoenix Insurance Company


Vintage Investment Partners


Fu-Gen


Meitav Provident Funds and Pension


Moonfare GmbH


Maple


Ruby Capital


Joy Capital


Institutional Mortgage Capital


Maven W M


Principaux dossiers


  • Acted for OurCrowd in the creation of its entire investment structure, and continues to act for the client in relation to investment vehicles and ongoing new initiatives.
  • Served as counsel to SLS Partners in the formation of SLS Partners I, a special situations fund investing primarily into Israeli high-tech companies.
  • Advised on the formation of the entire Hetz Ventures family of funds forming Hetz I, Hetz, Hetz III and Hetz Opportunity Fund I, advising on the formation of an SPV to make a late-stage investment in Trigo.

Barnea Jaffa Lande & Co.

Barnea Jaffa Lande & Co.‘s department operates across a variety of jurisdictions including the US and Japan, routinely advising private equity, venture capital and hedge fund clients on fund structuring and formation, while also notably handling regulation work, an area in which Zvi Gabbay is a leading expert. Drawing on his international experience, practice head Roy Engel is recognised as a key player in fund formation. The team also includes Andrey Yanai, a prolific advisor in the fields of blockchain technology and digital currencies.

Responsables de la pratique:

Roy Engel


Autres avocats clés:

Zvi Gabbay; Andrey Yanai


Les références

‘Roy Engel has always done an amazing job. He understands the clients’ needs, the regulation and legal environment they operate in, and does an outstanding job in representing their best interests. No matter how urgent the issue is, Roy is also available and highly professional.’

‘Business-oriented, with great analytical and practical advice.’

‘Roy Engel is a unique business-oriented lawyer. His and his team’s availability is much appreciated. He understands our needs and provides straightforward answers. He also holds great relationships with top-tier global offices.’

Principaux clients

Menora Mivtachim Group


Migdal Group


Amitim


Doral


TAU Ventures


Ayalon


Liquidity Capital M.C.


Gilad Pension Fund


The Israel Hedge Funds Association (IHFA)


Harel Insurance and Finance


Principaux dossiers


  • Acted as legal advisor to Menora Mivtachim Group on investments in all kinds of funds and JVs in Israel and abroad.
  • Represented Migdal, one of the largest institutional investors in Israel, in various investments in Israel and abroad.
  • Represented Amitim, a fund established by the Israeli government to unify eight defined benefit pension funds, in various investments.

FISCHER (FBC & Co.)

FISCHER (FBC & Co.)‘s investment funds practice advises both domestic and international funds and investors including private equity, venture capital and real estate funds on fund structuring and formation. Practice co-head Raz Tepper is the key contact for domestic and cross-border mergers and acquisitions, divestitures, joint ventures and restructuring, while fellow co-head Eran Yaniv emerges as a standout for his unique high-tech expertise. With a focus on cross-border transactions, including litigation and arbitration proceedings, Ronald Lehmann is also noted. Other key names include venture capital funds expert Shmulik Fried and private equity funds specialist Ron Sitton.

Responsables de la pratique:

Raz Tepper; Eran Yaniv


Autres avocats clés:

Ronald Lehmann; Shmulik Fried; Ron Sitton


Les références

‘The firm provided invaluable guidance on our VC investments. Their professionalism and extensive experience are readily apparent. Their counsel consistently demonstrates a keen understanding of the commercial aspects, and we greatly value their prompt and responsive communication.’

‘Eran Yaniv and his team not only led the investment rounds swiftly but also made valuable introductions along the way.’

‘The team is highly proficient, well-communicated and reliable.’

Principaux clients

SKY Fund


OrbiMed Advisors LLC


Leumi Partners Ltd., the investment arm of Bank Leumi Le-Israel


Peregrine Ventures Growth Fund; Peregrine Ventures V Fund


Sumitomo Corporation


Meitav Dash Investments Ltd.


UMTB, the investment arm of Bank Mizrahi Tefahot


Viola Credit Fund


Helios Fund


Harel Insurance Ltd.


Allied Group


Menorah Mivtachim Insurance Group


NevaTeam Partners


Analyst I.M.S. – Investment Management Services Ltd.


Southern Israel Bridging Fund Two, L.P. (SIBF)


Masterkey


Advent International


Principaux dossiers


  • Represented the four SKY PE Funds in their day-to-day activity, including advising the general partner in connection with investors’ communications, treatment of investments in financial and other reports, and other matters.
  • Represented Harel Insurance Company in a substantial portion of its fund formation activity and its day-to-day fund investment activity as an anchor investor.
  • Represented Viola Credit in multiple fund formations, in connection with novel alternative lending facilities including debt and equity facilities.

Pearl Cohen Zedek Latzer Baratz

Pearl Cohen Zedek Latzer Baratz‘s team of dedicated funds specialists is noted for representing angel investors and venture capitalists alike on the full spectrum of financing transactions, spanning fund formation, structuring, taxation and regulation. Practice head Atir Jaffe‘s broad practice spans high-tech, venture capital and private equity, while Inbar Friedman brings in new expertise in the technology and engineering sectors, routinely representing a litany of technological incubators and private investment funds. Yael Shimon-Many is another key contact for technology and life sciences sector work.

Responsables de la pratique:

Atir Jaffe


Autres avocats clés:

Inbar Friedman; Yael Shimon-Many


Les références

‘The team’s work is excellent, in tune and very efficient, responsive and punctual in providing advice with the aim of closing and protecting our interests where it counts and making a difference.’

‘Atir Jaffe – a true professional with extensive knowledge of the market and the different players, providing excellent advice and alternative solutions to resolve conflicts and position differences.’

‘Yael Shimon – an excellent professional who knows the market, and has a great perspective and understanding of situations.’

Principaux clients

IN Venture Fund I – Sumitomo CVC (In venture SCIL LP)


IN Venture Fund II – Sumitomo CVC (In venture SCIL II LP)


COPIA Agro & Food Technologies Fund


DAVIDSON & W TECHNOLOGY GROWTH CAYMAN


Dexcel Pharma


MIDEAL Management Funds


Amplefields Investments Fund


Merkaz Mazon -SOUTHERN ISRAEL BRIDGING FUND TWO, L.P


Adi Levanon –Selah Ventures Fund I


Kidron Fund


2B-Angels Extension Fund


Principaux dossiers


  • Represented In Venture SCIL L.P. (INV I), a private Israeli fund of Sumitomo Corporation, in various aspects including fund formation, corporate governance of the fund and various investment deals.
  • Represented Mr. Moran Chamsi and Amplefields Alternative Investments in the formation of a secondary fund aiming at investing in special purpose vehicles to make secondary purchases of securities.
  • Represented Mr. Eran Davidson and Mr. Alejandro Weinstein in the formation of a $150m private debt fund aiming at building, holding and managing debt portfolios.

Shibolet & Co.

A host of investment funds, fund sponsors, managers and high-tech companies routinely turn to Shibolet & Co. for its expertise in venture capital, hedge, real estate and debt funds. The team also stands out for handling work for sustainability and climate technologies focused funds. Practice head Orit Sternhell-Zaltzman‘s notable proficiency lies in representing major Israeli high-tech companies in venture capital investments and M&A transactions, areas in which cross-border transactions specialist Lior Aviram and technology and foreign investments expert Gadi Ouzan are also well versed.

Responsables de la pratique:

Orit Sternhell-Zaltzman


Autres avocats clés:

Lior Aviram; Gadi Ouzan


Les références

‘Very holistic approach and solid experience.’

‘The small team I work with is very experienced, responsive and accurately listens to each situation being discussed, providing solid solutions.’

Principaux clients

i3 Partners II


NevaTeam Partners


Capital Nature Ltd.


Harel Insurance and Investments Group


TheDock Navigator II


Kinneret Impact Ventures


Rimonci International Specialized Fund, L.P.


Takwin Venture Partners II, L.P.


Takwin Labs


Schestowitz Holdings


The Kitchen Hub


Millennium Food-Tech


Principaux dossiers


  • Advised i3 Partners on the formation of i3 Partners II LP, a venture capital fund dedicated to making investments in early-stage tech companies.
  • Advised on the formation of NevaTeam Partners, an agri-food tech ESG impact driven fund, pursuing investment opportunities in companies engaged in the development of innovative sustainable technologies in food production.
  • Represented Capital Nature in the formation of a venture capital fund dedicated to investments in early-stage companies in the field of climate technologies.

Vinograd & Co

Alongside its unique expertise in structuring open-ended funds, Vinograd & Co‘s ‘first-class investment fund’ team is also noted for routinely setting up an array of hedge and investment funds, including debt, real estate, P2P and family wealth funds. Practice head and capital markets and investment funds expert Ronen Vinograd is a key contact, as is Sharon Friedman, who notably focuses on capital markets and regulation. The team also includes hedge funds specialist Shy Tzvia and Aviram Grumer, who focuses on the feeder funds market and bond securitisation.

Responsables de la pratique:

Ronen Vinograd


Autres avocats clés:

Sharon Friedman; Shy Tzvia; Aviram Grumer


Les références

‘Vinograd is a first-class investment fund firm with considerable experience in the whole range of structures on the market. It is always a pleasure to work with them as they provide clients with an excellent service.’

‘Ronen Vinograd is super experienced and extremely competent. He has a very practical approach. Ronen is excellent.’

‘Smart, innovative and caring. The level of mutual cooperation is high and unique. The work is done in a good and pleasant atmosphere.’

Principaux clients

Amitim Pension Funds


Excellence Investment House


Menorah Insurance and Pension


Phoenix Insurance


Psagot Investment House


Poalim Capital Markets / Poalim Equity


IBI Investment House group


Migdal Capital Markets – feeder funds


More Investment House


Yalin Lapidot Investment House


Meitav Dash Investment House


Bank Leumi Provident Funds


Phoenix Value Advanced Investments


Ayalon Insurance


Hachshara Insurance


Gilad Pension Fund


Israel Electricity Company Pension Fund


IDI (Bituach Yashir)


First International Bank of Israel (FIBI) – Nostro


Teachers Educationary Fund (Israel’s largest sectorial provident fund – NIS 30 billion)


Shlomo Insurance


Analyst Investment House


Harel Insurance


Tel Aviv University


Bar Ilan University


Beer Sheeva University


Haifa University


BSP Fund of Hedge Funds (USD 1 billion)


Heptagon Funds


Golden Bridge Funds (Tandem Capital)


Pi Opportunities


Atlantic real estate fund


Barkai – FOFs


Hud Fund


Principaux dossiers


  • Represented IBI in the setting up of an open-ended Cayman mutual fund to act as a Fund of Funds that invests mainly in other open-ended funds, mainly real estate debt.
  • Represented Phoenix Value in the setting up of an open-ended Cayman mutual fund to act as a Fund of Funds that invests mainly in other open-ended funds.
  • Represented Migdal Capital Markets in the setting up of an open-ended Cayman mutual fund to act as a FOF that invests mainly in other open-ended funds, mainly real estate debt.

Arnon Segev & Co.

Major financial institutions routinely engage boutique firm Arnon Segev & Co. for advice on complex fund formation, negotiation and agreements. Practice head Nira Bahat is a go-to choice for Israel’s leading institutional investors seeking representation in private equity and debt capital market investments. Senior associate Roy Gil recently left the practice.

Responsables de la pratique:

Nira Bahat


Les références

‘A very professional team, attentive, and extremely available. The people are professional, and a pleasure to work with.’

‘The feeling is that you get a very personal treatment.’

‘Nira Bahat is absolutely amazing. Very available, attentive and professional.’

Principaux clients

Amitim Pension Funds


Ayalon Insurance Company Ltd.


Ben Gurion University of the Negev


Bituahch Haklai central cooperative


Clal Insurance Company LTD.


First International Bank of Israel (FIBI)


Gilad Pension for Religious Employees Ltd.


Hachshara Insurance Company Ltd.


Harel Insurance Company Ltd.


Israel Electric Corporation


Kranot Hishtalmut Le Morim


Leumi Partners Ltd.


Meitav Dash Provident Funds and Pension Ltd.


Menora Mivtachim Pensions and Gemel Ltd


Migdal Insurance Company LTD.


More Provident Funds Ltd.


Moretech Ventures


S. Shlomo Insurance Company Ltd.


Principaux dossiers


  • Advised a fund in the fund formation of the $140m Moretech Ventures II (Cayman), Limited Partnership.
  • Advised the lead Israeli institutional investors – with commitments of $261m – concerning the fund formation of Reality Real Estate Investment Fund 5, LP.
  • Assisted Clal Insurance Company, as key institutional investor, in relation to its $80m investment in Electra’s second real estate fund, Electra Capital PM II LP.

Firon Law Firm

With a focus on mutual funds, Firon Law Firm‘ investment practice is recognised for representing both domestic and foreign venture capital funds, private investors and high-tech incubators. Online gaming specialist Jacob Sarov jointly leads the practice with Oded Ofek, who is highly praised and engaged by a range of fund managers, financial services providers and hedge funds in their investment operations, notably with regard to regulatory compliance issues.

Responsables de la pratique:

Oded Ofek; Jacob Sarov


Les références

‘The firm plays a pivotal role in the developments of the banking and financial industry in the field of non-banking financial services, with a comprehensive knowledge of industry regulation in Israel and an unrivalled advantage over other law firms in Israel in non-banking practice.’

‘Ofek Oded is a brilliant, creative, and unique expert in his fields of practice, integrating a wide variety of knowledge in different legal fields, and not only in capital markets, offering a mature, integrated, and enlightening insight into any legal issues’

‘A very experienced, fully dedicated team, recognised as a leader in non-banking financial services in Israel, with great strength in its knowledge and expertise in every aspect of the law and regulations.’

Principaux clients

Yanolja (Korean unicorn)


Excellence Group


Sigma City – management Ltd.


Peninsula Group Ltd.


Kessem Mutual Funds Ltd.


Ayalon Mutual Funds Ltd.


Yelin Lapidot – Asset Management


Noy Fund


Ubank Trust Company Ltd.


Guangzhou Sino-Israel Bio-industry Venture Capital Investment Fund


Altshuler Shaham


Epsilon


The Association of Mutual Fund Managers in Israel


Principaux dossiers


  • Represented Epsilon investment house in its NIS90m sale to Excellence investment house.
  • Represented Ayalon Mutual Funds in the acquisition of Rothschild Fund.
  • Represented Yanolja (a Korean unicorn) in the acquisition of Go Global Travel, from Apax Partners, estimated by the press at over $200m.

Gornitzky & Co.

Alongside its expertise in venture capital and private equity funds, Gornitzky & Co.‘s team displays significant experience in advising pension funds, insurance companies and high-net-worth individuals on all investment fund-related aspects. The team is jointly chaired by fund formation expert Eyal Raz and Gila Ponte-Shlush, who is regularly engaged by fund managers for her specialisation in fund formation and structuring, as well as in regulatory matters. Known for representing some of the leading institutional investors and high-net-worth individuals in Israel, Amit Ron is another name to note.

Responsables de la pratique:

Eyal Raz; Gila Ponte Shlush


Autres avocats clés:

Amit Ron


Les références

‘GNY provides a true 360 degree analysis of any situation, doesn’t lose sight of the big picture. I have never worked, in my entire professional career, with people who so consistently, and without failing, give only good advice and provide an excellent work product, even when times are short and situations stressful. We couldn’t be happier to have GNY on our side.’

‘We work closely with partner Eyal Raz and private investment funds partner Gila Ponte Shlush.’

Principaux clients

Bridge Britain Investments Company Ltd.


Amoon Ventures


Windare Ventures


Leumi Employees’ Provident Funds


Iray Investment Ltd.


Group 11


Fattal Group


Community US Fund Management, Inc


Migdalor Alternative Products Ltd.


Tal Ventures


Catalyst Group


Keystone Reit Ltd. (TASE:KSTL)


Value Base Ltd.


Leumi Partners Ltd.


Migdal Insurance Company Ltd.


The Phoenix Insurance Company Ltd.


The Phoenix Pension and Provident Fund Ltd.


Altshuler Shaham Provident Funds and Pension Funds Ltd. (TASE: ALHE)


Clal Insurance Ltd. (TASE: CLIS)


Clal Provident Funds and Pension Funds Ltd.


Beyond Family Office


Meitav Dash Investment Ltd. (TASE:MTDS)


Menora Mivtachim Insurance Ltd.


Principaux dossiers


  • Advised Tal Ventures on a range of matters related to its funds activities, including the formation of its venture capital fund Tal Ventures Fund II LP.
  • Represented Community US Fund GP LP with fund formation matters pertaining to the Community Fund LP.

Krispin Rubinstein Blecher Law Offices

Krispin Rubinstein Blecher Law Offices stands out for its expertise in venture lending funds, where the team routinely represents venture capital funds and investors. Practice co-head and venture debt specialist Emmanuel Kadouch is noted for his expertise in the Israeli technology sector, while fellow co-head Avrumi Monderer is consistently sought out by both venture capital funds and start-up companies. The new team resulting from the merger between Kadouch & co., Law Offices with KRB in January 2023 also includes M&A and equity transactions expert Dafna Shoham and Michal Tal, who is a go-to choice for high-tech companies seeking advice on investment operations.

Responsables de la pratique:

Emmanuel Kadouch; Avrumi Monderer


Autres avocats clés:

Dafna Shoham; Michal Tal


Principaux clients

Celltick Technologies Ltd.


Casual Speakers Ltd.


Intergata Food Industries (1999) Ltd.


Ovdimnet Ltd.


Kreos Capital


Wenrix Ltd.


Convrt Analytics Ltd.


Cyberwrite Inc.


Whaleapp Ltd.


Andera Partners/Supernova


Sienna Venture Capital


Principaux dossiers


  • Represented French funds Andera Partners and Supernova as lead investors in a $60m Preferred C Round investment in Sonivie, an Israeli medical devices company.
  • Acted for France-based VC fund Sienna Venture Capital as lead investor in a $35m equity investment round in Nexar, a mobility startup.
  • Represented Israeli mobile games company Whaleapp in a multi-phase investment round led by a leading gaming VC fund.

Lipa Meir & Co

Lipa Meir & Co‘s investment funds department represents high-tech companies, investment institutions and a range of funds, including venture capital and private equity funds, in their formation, structuring and management. Private equity specialist Ziv Preis leads the corporate, technology and M&A department jointly with Gary Copelovitz, whose advice spans fund formation, investment documentation and due diligence across the food, tech, healthcare and life sciences sectors.

Responsables de la pratique:

Ziv Preis; Gary Copelovitz


Principaux clients

Amitim Senior Pension Funds


Charme Capital Partners


Cogito Capital


Beresheit Fund


Tene Investment Fund


Miskai Hakibitzuim (TASE: MSKE) and Bituch Haklai


Harel Insurance Investments & Financial Services LTD. (TASE: HARL)


Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL)


Clal Insurance Enterprises Holdings Ltd (TASE: CLIS)


Menora Mivtachim Holdings Ltd (TASE: MMHD)


AP Partners Fund Limited Partnership


Pharmakon Advisors


Ayalon Insurance Company


Principaux dossiers


  • Represented AP Partners Fund in the acquisitions of Nirit Seeds and TomaTech totalling approximately $50m.
  • Represented AP Partners Fund in the sale of Enerpoint Holdings and RP Optical Lab amounting to $85m.
  • Represented Ayalon Insurance Company in its investment of NIS125m in a real estate fund/venture.