Investment and venture capital funds in Israel

Amit, Pollak, Matalon & Co. Advocates and Notary

Market-leader Amit, Pollak, Matalon & Co. Advocates and Notary assists a long list of technology incubators and innovation labs, and forms funds across a broad range of industries, from disruptive, cutting-edge sectors such as the fintech, cleantech, agrotech and foodtech arenas to the real estate, life sciences and medtech spaces. The group also utilises the firm’s complementary M&A, tax, litigation, employment, securities and regulation departments. As a prominent authority on the structuring, organisation and representation of funds, Maya Issacharov heads up the practice; she works with fellow co-head Ian Rostowsky , who also handles IP-related work, public offerings and M&A for tech companies, and co-head Yoav Etzyon . Chairman Yonatan Altman is also highly regarded in the team with lengthy experience in the field. Other key names include associate Dana Shwartz, who advises funds on formation issues, day-to-day operations and M&A. The practice has grown significantly with Ran Cohen‘s promotion to partner, of counsel Assaf Baruch's recruitment from Baratz & Co, and the team welcoming a sizeable number of new associates.

Practice head(s):

Ian Rostowsky; Yoav Etzyon; Maya Issacharov

Other key lawyers:

Yonatan Altman; Stephen Barak Rozen; Efrat Sphizaizen; Dana Shwartz; Ran Cohen; Assaf Baruch

Key clients

Klirmark Opportunity Fund

aMoon Growth Fund

Israel Infrastructure Fund- IIF

StageOne Ventures

Fortissimo Capital Funds

Forma

F2 Capital

Marathon Real Estate Fund

Alive Healthtech

And Ventures

Grove Ventures

Sweetwood Ventures

Vitalife I, SCP Vitalife II

The Time Innovations

Genesis Partners

Nielsen Innovate Fund

Terra Venture Partners, TerraLab

Alto Fund

Canaan Partners Israel

NGT3

MindUp Ltd.

The Kitchen Hub

RMGP Biopharma Fund

FinTLV Ventures

12 Angels

Sparks Foodtech Food Technologies Limited Partnership

IFF-Frutarom-FoodNxt

Nextleap Ventures

LionBird

Mobilion Ventures

Firstime Ventures

Bayit Ve Gag Fund

CanNegev

Work highlights

  • Advised Klirmark Opportunity Fund III, L.P. on formation and fundraising issues, managing over $1.5bn in commitments.
  • Advised on the formation and fundraising of Israel Infrastructure Fund IV, managing $2bn.
  • Advised on the formation and fundraising of Marathon Real Estate Fund, closing at $139m.

Herzog Fox & Neeman

Herzog Fox & Neeman‘s market-leading position attracts a notable domestic and international client base, comprising a roaster of various types of funds; clients also benefit from the firm’s wider taxation and fund formation expertise and experience in matters involving institutional entities, SPACs, the Tel Aviv Stock Exchange, and the Israeli Innovation Authority. Deeply embedded in the Israeli tax regime, Meir Linzen chairs four different committees and advises funds on tax structures. Fellow co-head Tal Dror Schwimmer assists large funds with formation work, and advises private investors on foreign and domestic investments. The team also includes Michal Lavi, who represents institutional and private investors as well as high-net-worth individuals, and associate Gal Sasson, who focuses on supporting fund formations. Associate Dan Eshed recently joined from Arnon Segev & Co.

Other key lawyers:

Michal Lavi; Gal Sasson; Dan Eshed

Testimonials

‘Great team, high quality, knowledgeable.’

‘Tal Dror Schwimmer, Michal Lavi – great to work with, understand the underlying business need and respond to it.’

‘Professionals. We have worked with them on both setting up funds, and investing in them. These are very complex subjects – the team is just super experienced.’

‘Tal Dror Schwimmer and Gal Sasson – in simple words, they provide us with short summaries and risk assessments that enable to us to focus on the business, with complete trust on the legal and agreement side. They have broad experience in various types of funds in different geographies.’

‘Great client service.’

‘Michal Lavi is always available and proactive for her clients.’

Key clients

Altshuler Shaham

Amitim Pension Funds

Argis

Arkin

Awz HLS Fund

Ben Simon Sussman Capital Ltd

Bridges Israel

Clal Insurance Company

Credito

Cogito

Discount Capital

Eden-Alpha

Enlight Energy

Greenfield Partners

Grove Ventures

Halman Aldubi

Hyperwise Ventures

Israeli Secondary Fund III

KDC Media Fund

Lahav

Meitav Dash

Meron II

More Investment House

NFX Capital

NGT Healthcare II

Northwind Group

Phillips

Phoenix

Poalim Equity

Reality Investment Funds

Sphera

Sweetwood

Viola Group

VGames

Work highlights

  • Advised on the formation of VGames II, L.P., with its initial closing holding commitments of approximately $95m.
  • Advised on the formation of private equity fund More Co-Invest with a final closing of $50m.
  • Assisted with the formation of various debt funds including Reality Debt, Lahav III and Cogito.

Meitar Law Offices

With a strong track record in forming venture capital funds and advising alternative investment vehicles, Meitar Law Offices is a go-to firm for investors from various industries, notably the hi-tech field, drawing on the firm’s expertise pertaining to blockchain technology and cryptocurrencies. Co-head Eldar Ben-Ruby also handles international tax issues for investment funds, while fellow lead Dan Shamgar focuses on M&A and finance work. David Chertok  employs his expertise in equity and debt financing work, with a focus on the life sciences sectors, and Hodiya Schnider is an expert in joint ventures and the strategic collaboration of private investment funds. Clients also single out Efrat Ziv , who advises international and domestic venture capital funds on investments in Israeli start-ups.

Practice head(s):

Dan Shamgar; David Chertok; Eldar Ben-Ruby; Hodiya Schnider

Other key lawyers:

Efrat Ziv

Testimonials

‘Without the help of the entire practice, I know that I would not have had the successful outcomes I have had. The practice worked with us on an extremely difficult and irregular legal structure of a fund and encountered issues that no one expected and few had ever seen. Something I value highly with them is the fact that they take an innovative approach to law and don’t overcomplicate things unnecessarily – they are up-to-date on all new regulations and solutions.’

‘Professional. Efficient. Personable. The team gave us all the time and attention that was needed to be successful and excel in our activities. This includes timely matters that were solved in no time and they provided the best advice in highly sensitive matters. I want to mention specifically Partners Efrat Ziv and Eldar Ben-Ruby, two highly reputable lawyers with deep domain expertise in the VC space – without them our fund results wouldn’t have been the same.’

‘Professional, knowledgeable and high service level.’

‘Very smart and experienced legal experts and very aware to business needs of deals.’

Key clients

Pitango group

Vintage group of funds

New Era capital

Forward Looking

iAngeles

Team8

Scale up

MizMaa ventures

10D Ventures

Disruptive Ventures

Maverick Group

More VC

JVP

Blockchain Funds

OTH Capital

ION Asset Management

Phoenix Insurance

Work highlights

  • Advising Pitango Group on an ongoing basis, including on the formation of Pitango Growth II, Pitango VIII and Pitango Healthcare Fund.
  • Handling all Israeli tax work for both new and existing funds for Vintage Group of Funds and advising on special investment fund matters, investments and M&A activity, as well as the formation of Vintage Access Fund.
  • Assisting Team8 fintech fund and prior funds formed by Team8 Group with formation issues, as well as its investment transactions and the formation and representation of its applicable portfolio companies.

Raveh Haber & Co.

Boutique firm Raveh Haber & Co. advises large funds on formation issues, acting for private equity, real estate and venture capital funds; the group also advises fund management groups and assists with the related tax and regulatory mandates. Gil Raveh is an expert in the establishment and operation of different funds and a specialist in offshore real estate investments, and fellow founding partner Miriam Haber advises joint investment entities and private investors with additional expertise in mezzanine and preferred equity investments in multifamily complexes in the US. The team also includes Yuval Arad, who, alongside investment work, handles regulatory matters and anti-money laundering issues.

Practice head(s):

Gil Raveh; Miriam Haber

Other key lawyers:

Yuval Arad; Rachel Arnin; Chaim Tekuzener; Karin Zemach; Gal Naffusy

Testimonials

‘The Team has very good knowledge about the category and can assist the client, based on their commercial experience. They have an excellence ability to plan a clear legal strategy and navigate all the tactical steps towards the success of the chosen strategy. They have an outstanding ability to lead the litigation process in court when it was necessary. They are well respected by the institutional investors for their professionalism. It was a great pleasure to work with them as well, and they achieved all our complex goals.’

‘The senior partner that led our case was Gil Raveh. He has the right combination of confidence, standing and modesty, that enable us to lead the other sides towards our goals.’

Key clients

Electra Real Estate Ltd.

Hamilton Lane

Noy Infrastructure and Energy Investments – Group of Funds

Yesodot Real Estate – Group of Funds

Migdal Group

Buligo Capital Partners

Israel Growth Partners

Green Lantern – Group of Funds

Faropoint Ventures

Tamuz Growth Fund LP

Kedma Capital Partners

Israel Legacy Partners

JAL Ventures

Work highlights

  • Advised Electra Real Estate Ltd and its subsidiaries on the formation of three US-based investments funds and the raising of, in the aggregate, $1.76bn.
  • Advised Tene investment Funds on a GP Led acquisition of a portfolio, and the formation of a co-investment vehicle which was formed in order to (indirectly) invest in Haifa Fertilizing Technologies Ltd.
  • Assisted Faropoint Ventures with the structuring and formation of a special purpose vehicle formed for the purpose of a leveraged purchase of an industrial property, and the initial closing of a logistic fund.

Vinograd & Co

Vinograd & Co focuses on advising institutional investors and regularly assists with fund formation matters with an international angle. Name partner Ronen Vinograd has substantial proficiency in setting up hedge, debt, real estate and P2P funds, while Sharon Friedman expands the team’s breadth through her expertise in capital markets, regulatory and financial mandates. Senior associate and ‘fund-formation ninjaShy Tzvia also guides clients through investment fund activities. Senior associate Aviram Grumer recently joined from Dr Zeev Holender Law Offices and of counsel Amy Sapan was recruited from Amit, Pollak, Matalon & Co. Advocates and Notary.

Practice head(s):

Ronen Vinograd; Sharon Friedman

Other key lawyers:

Shy Tsvia; Aviram Grumer; Amy Sapan

Testimonials

‘I’ve worked with all the major firms in the fields of investment funds and capital market, and the Vinograd team are top professionals in these fields. Sharon Friedman (partner) has the deepest knowledge. Ronen Vinograd advises on the architecture to unique innovative investment funds.’

‘Ronen Vinograd – definitely the most qualified lawyer in Israel to provides the overall advice that surrounds the complex combination of Investment Funds structuring – Institutional Investors – Regulations. Add to that sharp commercial and finance skills. Sharon Friedman (partner) – the go-to legal adviser for institutional and capital market regulations. Shy Tsvia – fund formation ninja.’

‘We have worked with the Funds team at Vinograd for a number of years and the quality the team brings to each project is consistently very high. The firm has an excellent reputation in the investment funds space generally and has a wealth of knowledge and expertise across the board. Their practical approach to transactions makes them a pleasure to work with and we have always found their client service to be impeccable. The quality of their work, and their responsiveness has always been very impressive and equally they are a great team and very enjoyable to work with. We have nothing but praise for their team and look forward to continuing to work with them on many more matters going forward.’

‘Partners – I have primarily worked with Ronen Vinograd. Ronen is a pleasure to work with. He is smart, proactive and very responsive, ensuring his transactions are completed in time and in good order. His combination of both legal knowledge and practical know-how makes his advice invaluable to clients, and he is highly regarded across the Funds market in Israel. Associates – I have worked closely with Shy Tsvia on a number of investment fund projects and have been thoroughly impressed by him each time. I have found Shy to be very proactive and commercially focused throughout, and he has consistently demonstrated excellent client management skills. I will look forward to working with him again and I am certain that he has a very bright future ahead of him.’

Key clients

IBI Investment House group

Excellence Investment House

Menorah Insurance and Pension

Phoenix Insurance

Psagot Investment House

Poalim Capital Markets

Meitav Dash Investment House

BSP Fund of Hedge Funds

Bank Leumi Provident Funds

Halman Aldobi Investment House

Ayalon Insurance

Gilad Pension Fund

Israel Electricity Company Pension Fund

IDI (Bituach Yashir)

First International Bank of Israel (FIBI)

Teachers Educationary Fund

Heptagon Funds

Inhouse Investments (Intego Funds)

Golden Bridge Fund (Tandem Capital)

Hachshara Insurance

Fidelis Family office

Investor 360

Shirbit Insurance

Work highlights

  • Structured six co-investment funds for IBI for six different assets.
  • Structured several hedge funds as Israeli entities for Horizon Hedge Fund.
  • Acting for Seagull Ventures in relation to the establishment of a VC fund to invest in technology companies addressing global environmental ‘green’ requirements in the shipping business.

Arnon, Tadmor-Levy

Led by Yarom Romem , the practice at Arnon, Tadmor-Levy advises general and limited partners in regards to both fund formation issues and management mandates, as well as secondary transactions, with a particular focus on innovative first-time funds. Romem leverages his expertise in the commercial aspects of fund formation work and works closely with the firm's tax department to provide a full-service approach.

Practice head(s):

Yarom Romem

Key clients

Vintage Investment Partners

Shefa Capital

OurCrowd

BRM

Gemini Israel

Harel Insurance Company

Clal Insurance Company

Hetz

The Phoenix Insurance Company

Peninsula SMB

Ben Oldman Partners

Ibex Israel Fund (f/k/a Lazarus)

Work highlights

  • Advising Harel Insurance Company and The Phoenix Insurance Company as two of the four anchor investors on the formation of a fund.
  • Acting for Shefa Capital on the formation of a fund and the related investment vehicles.
  • Acting for OurCrowd on creating its entire investment structure.

FISCHER (FBC & Co.)

Advising on the whole range of private equity, venture capital, real estate, credit, corporate venture capital and publicly traded funds, FISCHER (FBC & Co.) also handles investments in portfolio companies and leverages the firm’s employment, tax, IP, privacy and data protection, and regulatory departments to provide full coverage on funds work. Co-head Raz Tepper regularly advises on corporate matters including cross-border M&A, joint ventures and restructurings, while fellow co-head Eran Yaniv is a specialist in restructuring, debt financing and spin-off mandates, particularly in the US, and co-head Gilad Winkler advises funds in the finance and energy sectors. The practice also includes Ron Sitton, who previously practised in New York, and Shmulik Fried, who advises on fund formations and investment fund transactions. Ute Klose-Goldstein recently made partner.

Practice head(s):

Raz Tepper; Eran Yaniv; Gilad Winkler

Other key lawyers:

Ron Sitton; Shmulik Fried; Ute Klose-Goldstein

Testimonials

‘The FISCHER team is a top-level team that is always available for our needs, at any time and any day. They make sure to deliver as fast as possible without compromising on the quality of their professionalism.’

‘They execute complicated projects very successfully, each and every one of them shows great knowledge, thinking outside the box with the highest personal care.’

Key clients

Bar Ilan University

Viola Credit

Southern Israel Bridging Fund

Surround Ventures

Qualcomm Ventures

Pitango Venture Capital

Sumitomo Corporation

Claridge Israel

ClalTech

SKY Fund

Generation Capital

Helios Fund

Harel Insurance Company

Migdal Insurance Company

Menorah Insurance Company

Noy Fund

OrbiMed Israel Partners

Rainbow Medical

REIT Azorim Living

Work highlights

  • Formed and structured the Helios Fund, a private equity fund specialising in energy investments.
  • Established Viola Credit, a special purpose vehicle for financial transactions aimed at growth-stage companies.
  • Providing legal advice to Claltech, the investment arm of Access Industries, in connection to aspects of its formation, establishment of sub funds, special purpose vehicles and comprehensive advice regarding commercial and regulatory issues.

Goldfarb Seligman & Co.

Fielding specialists in real estate investments both in Israel and abroad, Goldfarb Seligman & Co. is also highly active in hi-tech and capital markets work, with notable expertise in public offerings by private equity funds. The quartet of practice heads includes Ashok J. Chandrasekhar , who is a specialist in hi-tech investments who regularly works across the US, Europe, Germany, the UK and Asian markets; Dubi Zoltak who has extensive experience in international real estate and private investment funds; Yaron Sever , who is a seasoned tax consultant; and life sciences expert Sharon Gazit , who handles cross-border transactions and investments. Roy Lieber recently made partner.

Practice head(s):

Ashok J. Chandrasekhar; Dubi Zoltak; Yaron Sever; Sharon Gazit

Other key lawyers:

Roy Lieber; Oren Wolpin; Eylon Szatmary

Testimonials

‘At the end of the day it is always about the individuals that makes the difference and I do believe that the team that we worked with is highly professional, service oriented and always available.’

‘Oren Wolpin is our team leader and makes the real difference if I compare to other legal firms that we have worked with throughout the years. Mr. Wolpin always makes sure that we are having the best possible service within the various firm’s departments and brings the best professionals to the table.’

‘The firm’s practice provides insights and innovative thinking of the industry and provides collaboration with its departments that offers a holistic problem-solving approach.’

‘Oren Wolpin and Eylon Szatmary provide in-depth knowledge of the industry and are responsive to needs and deadlines.’

Key clients

Profimex Real Estate Management Ltd.

Menivim – The New REIT Ltd.

Electra Real Estate Ltd.

IBI Real Estate Partnerships Ltd.

Altshuler Shaham Properties

Temasek Holdings Private Limited

iArgento

Halman Aldubi Urban Renewal Financing Fund

Walden International

Manikay Partners LLC

I Squared Capital

Israel Secondary Fund

Agate Medical Investments L.P.

Thoma Bravo

Koch Disruptive Technologies

Balderton Capital (UK) LLP

K Fund

BayernLB Capital Partner

Bessemer Venture Partners

83North

TPG Growth

YL Ventures

Hasso Plattner Ventures

Khosla Ventures

Dynamics Ventures

Technology Crossover Ventures

Pagaya Technologies Ltd.

Catalyst-CEL China-Israel Fund

Medica Venture Partners

Munich Venture Partners

Shasta Ventures

Battery Ventures L.P

Wanaka Capital Partners Mid-Tech Opportunity Fund, L.P.

K1 Fund

Unorthodox Ventures

Makers Fund

Cardumen Capital SGEIC, S.A

The Crossroads FCP-FIS fund

Scale Venture Partners

BIT Enterprises Ltd.

WRVI Global Capital Managers LLC

Glilot Capital Partners

Rio Ventures Inc.

Finance Differently management Ltd

Divergon

Goldman Investments

Storm Ventures

Shaked Partners Ltd.

Sorenson Ventures

Ruby Capital

Alto Real Estate Funds LLC

Work highlights

  • Serving as external legal counsel to Profimex with respect to all corporate, securities and regulatory issues related to the formation of investment funds and other investment vehicles designated for investment in real estate and renewable energy assets in the US and Europe.
  • Advising IBI in relation to its alternative investment fund activity, including with respect to all aspects related to the formation, fundraising and management of such funds.
  • Advising iArgento on the formation of its investment vehicles, various securities regulation issues and more, including public offerings by private equity and venture capital funds based on new Israeli securities by-laws.

Gross Law Firm – GKH

With a strong focus on the hi-tech and real estate sectors, the team at Gross Law Firm – GKH also advises on venture capital fund formations and assists sponsors with the creation of new private investment vehicles. The group also leverages the firm's wider department’s expertise when advising on securities, compliance and regulatory matters. Practice head Ayal Shenhav is an expert in tax matters and M&A transactions, regularly representing clients from the hi-tech sector. The team also fields the highly active Layla Chertow , who is a specialist in M&A mandates.

Practice head(s):

Ayal Shenhav

Other key lawyers:

Layla Chertow

Key clients

83 North

Accelmed Partners II

Almeda Ventures

AMoon

Arbor Ventures

Aristagora Ventures

Aviv Venture Capital

Battery Ventures

Bessemer Venture Partners

Blumberg Capital

Canaan Partners

Cedar Ventures

Clear Future

Community 2020 Fund

Community Life Science

Cyberstarts

Deutsche Telekom

eHealth Ventures

Emerge

Exigent HP Fund

F2

FinTLV

Giza

Glilot Fund

Hanaco Venture Capital

Insight Partners

Khosla Ventures

Lightspeed

Magenta

Magma

Next Gear

Nili Capital Partners

Norwest Venture Partners (NVP)

Oryzn

Profits for Growth (PFG)

REV (Reed Elsevier Ventures)

Saban Ventures

S-Capital

Sequoia Capital Israel

Shamrock

Silver Lake

Starfund Ventures

State of Mind I, State of Mind II

Strips

Tenaya

TLV Partners

TPY Capital

Tulip Fund

UP West Ventures

Verizon Inc. and its Israeli subsidiaries

Vertex

Vintage

WTI

YL Ventures

York Capital

M. Firon & Co Advocates and Notaries

The private equity and venture capital practice at M. Firon & Co Advocates and Notaries is especially active in the areas of mutual funds and portfolio management, as well as handling real estate fund issues. Group co-head Oded Ofek is a specialist in representing investors and institutional entities before regulatory bodies, while co-head Jacob Sarov adds know-how in M&A and international transactions. Fellow co-head Gail Etzion focuses on investments in the hi-tech sector.

Practice head(s):

Gail Etzion; Oded Ofek; Jacob Sarov

Testimonials

‘Oded Ofek is a brilliant one-stop-shop expert in his fields of practice, integrating a wide variety of know-how in diverse legal fields, and not only the legal scope of the capital markets, giving him a mature, integrated and enlightening look of any legal issue at hand. He is a hands-on lawyer and greatly devoted to his role and to the representation of his clients’

‘The team headed by Oded Ofek has the unique know-how and more than the know-how, the absolute commitment to the clients to professionalism and specialism in all the regulated capital markets and the corresponding ability to innovate and consult the clients in the unregulated products and their combination with the regulated markets.’

‘Simple, short and punctual.’

‘Highly experienced, very receptive, innovative. Very good understating of the biotech industry.’

‘Experience, knowledge and very service oriented.’

Key clients

Fortissimo

Generation Capital Ltd.

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

Wealthstone real estate

Masdar Fund

Work highlights

  • Advising a group of investors led by Rani Zim on the acquisition of the portfolio management, hedge funds and mutual funds business of Psagot.
  • Assisted Ayalon Mutual Funds with the formation of several mutual funds designated for investments in diverse sectors.
  • Represented Altshuler shaham in the formation of Smart Beta (Australia), a tracking mutual fund tracking a proprietary index based on a compilation of Australian securities and indexes.

Shibolet & Co.

Shibolet & Co.‘s fund formation practice covers venture and growth capital, real estate, debt and hedge funds as well as digital assets, and the team has notable expertise in the formation of micro funds and technology accelerators. As an expert in the hi-tech sector, team co-head Orit Sternhell-Zaltzman focuses on private equity mandates, where she advises on fund formations and regularly acts for investors. The group was recently bolstered by the recruitment of co-head Ram Spektor from Goldfarb Seligman & Co., who has unique expertise in acting for both sponsors and investors on cross-border private equity and real estate matters.

Practice head(s):

Orit Sternhell- Zaltzman; Ram Spektor

Testimonials

‘Very professional, high skilled and attentive.’

‘The team is highly dedicated and works day and night as needed.’

‘The team is very commercially oriented and doesn’t only look at the legal aspects of a deal but also commercial ones.’

Key clients

IBI Investment House

Takwin Venture Partners

NevaTeam Ventures

Leader Top Capital

theDock Navigator

Aviv Funds

Rimonci International Specialized Fund

Hama Management

Whitesmoke Software Ltd.

Axon Partners S.A.

S. Schestowich Ltd.

Pereg Ventures

Canzon Ltd.

Work highlights

  • Advising IBI on structuring and forming (through its affiliate, IBI Capital Ltd.) an Israeli open-ended fund aiming to identify and exploit arbitrage opportunities in relation to various digital assets and derivative products in the cryptocurrency space.
  • Advising Takwin on the formation of Takwin Venture Partners II, with notable founders, JVP and Chemi Peres.
  • Advising Canzon, an Israeli public company, on the structuring and formation of an Israeli real estate-related credit micro-fund.

Arnon Segev & Co.

Arnon Segev & Co.'s practice specialises in advising entities from a variety of sectors on investments into funds, with particular expertise in insurance matters. Nira Bahat, who heads up the practice, is an expert in the regulation of investments by Israeli pension funds. She works closely with senior associate Deborah Lotstein, who advises investors on investments into US funds and private equity groups, while associate Noa Merchav acts for family offices and high-net-worth individuals on commercial transactions pertaining to investments.

Practice head(s):

Nira Bahat

Other key lawyers:

Deborah Lotstein; Noa Merchav

Testimonials

‘United and collaborative team, fully dedicated and devoted to their work, extremely knowledgeable, always available.’

‘The partners and associates are readily available at any time, true specialists in their field of investment and VC funds, highly professional, service oriented.’

Key clients

Clal Insurance

Migdal Insurance and Financial Holdings Ltd.

Psagot Investment House

Israeli Teachers Union Funds

Harel Insurance Investments & Financial Services Ltd.

Halman Aldubi IEC GEMEL Ltd.

Amitim

Total Fund

Meitav Dash

Leumi Partners

The Hebrew University, Tel Aviv University and Ben Gurion University of the Negev

Ayalon Insurance Company

BDO

IBI

Bituach Haklai

Gilad

Hachshara Insurance Company

Yellin – Lapidot

More Investment House

Menora

The Phoenix

Poalim Capital Markets

Altshuler Shaham Investment House

Shlomo Insurance Company

Barnea Jaffa Lande & Co.

Barnea Jaffa Lande & Co. acts in the US and Israel, focusing its expertise on advising institutional investors on investments in real estate, financing and technology funds; the team's multinational proficiency is evidenced by department co-head Roy Engel‘s experience practising in the US. Fellow co-head Zvi Gabbay has expertise in regulatory and licensing matters and also advises on day-to-day operations, and Andrea Yanai was recently promoted to the partnership.

Practice head(s):

Zvi Gabbay; Roy Engel

Other key lawyers:

Andrea Yanai

Testimonials

‘I have been working with Roy Engel who is extremely diligent, detail oriented and efficient. His dedication to the job is noteworthy.’

Key clients

The Menora Mivtachim Group

Migdal Group

The Israel Hedge Funds Association (IHFA)

TAU Ventures

Work highlights

  • Advising Menora Mivtachim Group on all its fund activity.
  • Advising Migdal on its investment activity in funds and as a co-investor alongside funds.
  • Providing ongoing legal advice to the Israel Hedge Funds Association.

Gornitzky & Co.

Gornitzky & Co. advises institutional investors on regulatory matters pertaining to investments in private funds and notably advises clients in relation to investment initiatives created by Israeli regulatory authorities. Co-head Eyal Raz  is a key contact for institutional investors and also handles fund formation work and M&A transactions for venture capital and private investment funds, both in Israel and abroad. Co-head Gila Ponte-Shlush assists with fund creation issues and is an expert in regulatory framework mandates, advising both banking and non-banking institutional investors. Itamar Mei-Zahav recently joined the group from Zysman, Aharoni, Gayer & Co (ZAG-S&W).

Practice head(s):

Eyal Raz; Gila Ponte-Shlush

Other key lawyers:

Itamar Mei-Zahav

Testimonials

‘I’ve worked with Gornitzky on a VC fund – they have a lot of in-house knowledge and they work in a very orderly manner, conveying the main points for discussion. It’s a very good and efficient process working with them, and they also have solutions for points of conflict due to their broad knowledge and experience. They have a very strong, knowledgeable team with a lot of years of experience is specific sectors.’

‘I’ve worked with Gila Ponte-Shlush, and the difference from competitors is that Gila knows how to address the other side, she knows how to push the process and leave the client to deal with only the commercial issues, she knows how to work under tight deadlines and keep the work environment pleasant under rough negotiations with the other side. Due to her experience she spots crucial points in the legal docs that other lawyers sometime miss and she offers creative solutions.’

‘As soon as you start working with Gornitzky & Co., it is clear as day why it is considered a key law firm. They provide the desirable combination of supreme expertise and excellent service. Expertise is not just about understanding the subject matter. It’s about helping the client ask – and answer – the 360 degree questions around the deal. Business is rarely one dimensional. Service is not just about being nice or available around the clock. It’s about bringing projects all the way to the finish line, including taking the extra steps that the client wouldn’t necessarily need a lawyer to take, but it has to be done. We couldn’t be happier with Gornitzky & Co. and bring to their shop all the business that we can.’

Key clients

Group 11

Catalyst Group

Keystone Reit Ltd.

Value Base Ltd.

Altshuler Shaham Provident Funds and Pension Funds Ltd.

Clal Insurance Ltd.

Clal Provident Funds and Pension Funds Ltd.

Menora Mivtachim Investments in P.E. Funds Limited Partnership

Menora Mivtachim Insurance Ltd.

Tal Capital

Work highlights

  • Advised Group 11 on the formation and first closing of the VC Fund at $120m.

Lipa Meir & Co

Clients of Lipa Meir & Co span venture capital and private equity funds (for which the department acts in both Israel and the US) and pension funds. The team has notable expertise in advising on various transactions including debt acquisitions. Team head Ziv Preis has proficiency in investment fund formations, corporate cross-border transactions, and technology-related work. Associate Justin Benhamou also contributes to the practice and provides support on corporate and commercial law matters. Ronen Baharav has left the firm.

Practice head(s):

Ziv Preis

Other key lawyers:

Justin Benhamou

Key clients

Amitim Senior Pension Funds

Cogito Capital

Beresheit Fund

Klirmark Fund

Tene Investment Fund

Harel

Migdal

Clal

Menora

Work highlights

  • Advised Cogito Capital Fund on several transactions.
  • Advised Klirmark Opportunity Fund on several transactions, acquiring loans extended by financial institutions and banks.

Pearl Cohen Zedek Latzer Baratz

Pearl Cohen Zedek Latzer Baratz provides the full range of legal services to angel investors and venture capitalists, including handling fund formation issues, tax work, regulatory matters and issues relating to alternative investment funds, with a focus on the hi-tech sector. Practice head Atir Jaffe assists both foreign and national entities with the formation of private equity and venture capital funds and handles the related commercial transactions. The team also fields Yael Shimon-Many , who advises venture capital and private equity funds in the technology and life sciences sectors; and senior associate Inbar Friedman , who handles joint ventures and strategic investments.

Practice head(s):

Atir Jaffe

Other key lawyers:

Yael Shimon-Many; Inbar Friedman

Key clients

COPIA Agro & Food Technologies Fund

Benson Oak

Lightricks

Beyond Mobility Ventures

aMoon Velocity

Anna Ventures fund

Medi-Tate

AP Partners

CERTUS Port Automation

mPharma Data

Keshet Broadcasting

Capri Ventures

SOMPO Holdings

Work highlights

  • Advised Benson Oak on the formation of its first investment fund and leading the formation work of Benson Oak’s second fund.
  • Assisted Fundit (2016) Ltd as a platform aiming to accumulate up to $2m investment.
  • Assisted Corporativo Bimbo, S.A. de C.V. as an investor in IL Ventures Limited Partnership.