Hedge funds find a place in the Israeli investment universe
With just $1.6 billion under management, the industry is small − but it’s growing rapidly and managers say that the talent is there to exploit, if the regulatory environment improves.
The hedge fund business in Israel is small by American standards − just some $1.6 billion under management − but its assets have grown five-fold over the last six years and it is becoming a preferred line of business for some of the capital market’s leading players. For instance, Yoav Kaplan and Oded Gal quit their long-time jobs as investment managers at IBI Israel...
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