About IHFA
The IHFA was established informally in the spring of 2013 by a group of Israeli and international investment managers and service providers. The vision was to support the hedge fund industry in Israel as an integral part of the worldwide investment management community.
Through its expanding activities, the IHFA acts as a bridge to connect the local Israeli industry and its overseas peers, bringing together professional managers, investors, and service providers.
The IHFA registered as a non-profit in Israel to advance the following objectives: to represent and promote the common interests of the hedge fund industry with governmental bodies in Israel; to provide recommendations for best practices to the industry in Israel; to provide access to professional information and to broaden and deepen market and public knowledge about the hedge fund industry.
The IHFA believes that a strong hedge fund industry will benefit the Israeli economy by becoming a substantial export industry by attracting overseas investment; creating job opportunities for finance professionals, including Israelis returning to Israel or making Aliyah; increasing tax revenues; boosting liquidity on the Tel Aviv Stock Exchange; improving the culture of philanthropy and social engagement.
The IHFA members include fund managers, service providers, global exchanges, global banks, and other professionals. Most of the AUM in hedge funds in Israel is managed by funds managers that are members of the IHFA.
Agenda
Networking Breakfast
08:30
Welcome Note
09:35
Natalie Raz, CEO, IHFA
Welcome – Lior Segev & Max Karpel on behalf of the Board of the IHFA
09:40
Lior Segev, Founder and CEO, Liquant Asset Management
Max Karpel, Partner, Lowenstein Sandler LLP
Opening Remarks
09:50
Ittai Ben-Zeev, CEO, TASE
Opening Bell Ceremony
10:00
Looking to the Future
10:10
Natalie Raz, CEO, IHFA
Israeli Hedge Fund Industry Annual Survey
10:15
Ariel Bino, Managing Partner, Gilboa Funds
Economic Outlook
10:25
Amir Kahanovitch, Chief Economist, Phoenix Insurance Company and Excellence Investment House
Multi-Family Office Panel Discussion: Capital Preservation in an Inflationary Environment
10:40
Introduction: Maya Natan, CEO, Keshet Donor Advised Fund
Moderator: Lior Segev, Founder and CEO, Liquant Asset Management
Vered Ben-David, CEO, Raveh Ravid
David Ram, Partner, Goldrock
Mike Ellis, Director and Chief Investment Officer, Pioneer Wealth Management
Eran Peleg, Chief Strategist, Clarity
Coffee Break - Networking
11:20
Israeli Institutional Investors Panel Discussion: Hedge Funds Allocations in Volatile Markets
11:40
Moderator: Harel Gillon, Co-CEO of Oppenheimer Israel
Ofir Navot, Head of Global Investments, Meitav Investment House
Eran Elad, Head of Global Markets, Harel Insurance Company
Yoav Caspi, Head of Global Team, Phoenix Insurance Company
Lena Krupalnik, Head of Global Investments, Menora
Fireside Chat: Social Entrepreneur and a Tech Investor in Discussion
12:20
Introduction: Shmuel Menahem, Head of Israel, Apex
Yanki Margalit interviewing Eyal Valdman
Yanki Margalit, Social Entrepreneur, Futuristic Thinker, Hi-Tech Investor
Eyal Waldman, Chairman of Waldo Holdings, Co-Founder, President, CEO, and member of Board of Directors, Mellanox Technologies
Investment Managers Panel Discussion: Strategies for the Year Ahead
12:45
Introduction: Omer Kalo, Business Development and Partnerships Manager, Agora RE
Moderator: Leor Shapiro, Managing Director and Global Head of Capital Intelligence, Prime Services, Jefferies
Nathanael Dreyfuss, CEO, Eden Alpha
Abby Flamholz, Partner and CIO, Worth Venture Partners
Jan Teutsch, Managing Partner, Guy Partners LP
Michael Jakoby, Co-Founder & Managing Partner, Defender Fund LP
Lunch
13:25
Fireside Chat: Trading in a High Volatility environment
14:10
Hemal Purohit interviewing Uri Geller
Hemal Purohit, Head of EMEA Derivatives Sales, CBOE
Uri Geller, Co-Founder and CIO, Granite Alternative Group
Prime Brokers and Exchanges Panel Discussion: Accessing Global Markets
14:25
Introduction: Natalie Raz, CEO, IHFA
Moderator: Elad Burshtein, CEO , Excellence Investments and Securities, Excellence Investment House
Will Davies, Head of Prime Brokerage Platform Sales, Societe Generale
Tori Gilliland, Vice President, Capital Intelligence Group, Jefferies International Limited
Elena Patimova, Director, Derivatives Sales, CBOE Europe
Michel Everaert, Head of EMEA, CME
Video Fireside Chat: The View from Wall Street
15:05
Max Karpel interviews Lynn Martin
Lynn Martin, President, NYSE Group
Max Karpel, Partner, Lowenstein Sandler LLP
Speakers
Mr. Ittai Ben-Zeev was born in 1975. He is the TASE CEO since January 2017.
Prior to joining TASE, Mr. Ben-Zeev served as Executive Vice President, Head of Capital Markets Division, Bank Leumi and was also a member of the Bank's Management (2013 - 2016).
Between the years 2010 - 2013 he was the Deputy Head of Capital Markets Division in Bank Leumi and during 2007 - 2010 Mr. Ben-Zeev managed the Forex and Derivatives Dealing Room of the Bank.
Previously, he served as an investment banker at Merrill Lynch Israel, as well as Merrill Lynch Technology Group in London.
Natalie Raz is the CEO of the Israel Hedge Funds Association since June 2022. The role of the IHFA is to represent and promote the common interests of the hedge fund industry with Governmental bodies in Israel and assist with regulatory reforms to provide recommendations for best practices of the industry in Israel; to provide access to professional information, and to broaden and deepen the market and public knowledge about Israel's hedge fund industry.
Natalie holds an Investment Advisor license and brings profound professional knowledge and more than 20 years of experience in the Israeli capital market. Throughout her carrier, she held numerous key positions in Banks and investment houses, including as a CEO of a subsidiary of an Israeli public company that specialized in the origination, structuring, and marketing of Alternative Investments. Natalie served in multiple management positions at Excellence Investment House, led the issuance of the first Excellence ETNs, and headed the Alternative Investments desk there. Natalie holds BA and MBA in Business Administration - majoring in Finance from Ono Academic College.
Natalie Raz
natalie@ihfa.co.il
Tel: +972-54-6430800
Yanki was born in Israel in 1962. He built his first computer at the age of 14, started his first business at 15, and was kicked out of school at 17.
Yanki has been engaged with Artificial Intelligence and Cyber Security for more than thirty years. In 1984 he developed KnowPro, an Artificial Intelligence software program to help human experts in their decision-making processes. To protect his software against piracy and illegal use, Yanki invented HASP, a hardware-based software protection key. With these two products he started Aladdin Knowledge Systems in 1985. Under his leadership as Chairman and CEO, Aladdin grew to become a profitable global company (Nasdaq/ALDN) employing 600 people in ten countries and serving tens of thousands of software developers and corporate clients around the world. In 2009, with US$150M in annual sales, Aladdin was acquired by a US private-equity fund. Since then, Yanki has been busy thinking and speaking about technology, entrepreneurship, innovation, and human evolution, while nurturing a new love affair with molecular biology and biotechnology. His most popular lecture is titled - "Entrepreneurship, Technology, Evolution, and Singularity". From 2011 to 2015 Yanki was the Chairman of SpaceIL, an Israeli nonprofit organization competing in the Google Lunar X-prize, with the goal of landing a spaceship on the moon by the year 2018. Yanki is an investor in several technology companies. He is currently involved with Innodo Venture seeking to support and nourish early-stage technology start-ups that aim to address humanity’s greatest challenges and improve our lives. As of 2020, Yanki is a founding partner of ClimaSea Earth Technologies. A Global organization seeking to develop large-scale projects and implement technologies to mitigate adverse climate change effects including sea level rise and desertification.
Mr. Waldman is the chairman of Waldo Holdings, a family office that focuses on diversified investments in private and public companies, various funds, real estate and other financial platforms and vehicle Mr. Waldman has been the Co-founder, President, CEO and Board member of Mellanox Technologies since March 1999, a semiconductor company which went public on Nasdaq in 2007 and was acquired by NVIDIA on April 2020 for more than $7B.
Between March 1999 until June 2013, Mr. Waldman served as Mellanox’s chairman of the board. From March 1993 to February 1999, Mr. Waldman served as Vice President of Engineering and was a Co-founder of Galileo Technology, Ltd., a semiconductor company, which went public on Nasdaq in 2007 and was acquired by Marvell Technology Group, Ltd. in January 2001 for $2.7B. From August 1989 to March 1993, Mr. Waldman held several design, management, and architecture related positions at Intel Corporation, a manufacturer of computer, networking, and communications products, and was awarded with the “IAA Intel achievement award” and the “Employee of the year” award.
Mr. Waldman serves on the board of directors of several private and public companies. Mr. Waldman holds a Bachelor of Science degree in Computer Engineering and a Master of Science degree in Electrical Engineering from the Technion - Israel Institute of Technology. In June 2016, Mr. Waldman was awarded an Honorary Doctorate by the Technion.
As Chair of Lowenstein’s Emerging Managers Practice, Max advises startup fund managers on all aspects of launching investment management businesses. He represents startup and established investment managers in the formation and structuring of hedge funds, private equity funds, and investment management entities. A significant part of Max’s practice involves negotiating seed deals and side letters.
Max is also Co-Chair of Lowenstein's Family Office Practice. Before joining the firm, he served as Chief Operating Officer and in-house counsel to a family office and private foundation. He also represents leading private fund managers in establishing Insurance Dedicated Funds.
Max also serves as Co-Chair of Lowenstein's Israel Practice, which represents corporations, hedge funds, venture capital funds, private equity funds, and family offices in cross-border matters involving Israel and the United States. Fluent in Hebrew, Max has represented international clients making investments in Israel, and has worked with Israeli investment managers on structuring and launching funds that are open to U.S. and international investors. He is also the co-founder of Israel's first industry association for hedge fund managers.
- Active in the capital market since 2006
- Writes in the economic press
- Member of the Bank of Israel Forecasters Forum
- Lecturer in the Department of Economics at Ben Gurion University
Mr. Segev has over 20 years of experience in M&A and alternative investments. He is the founder and CEO of Liquant Asset Management, a firm that specializes in hedge fund investment strategies and in investing in technology companies. Prior to his return to Israel in 2014, Lior was the COO and then CEO of Lyxor Asset Management in New York, the alternative investment management arm of Societe Generale. Mr. Segev also held the position of General Counsel at Lyxor and prior to that at Societe Generale Asset Management. He practiced law with the law firm of Sidely Austin in New York with focus on mergers and acquisitions and alternative investments. Lior is a graduate of NYU Law School (LL.M), Cardiff Law School (LL.B, 1st in Class) and the Israeli Naval Academy (1st in Class). Mr. Segev is an investor in and a board member of several technology companies. He is also one of the founders and is a board member of the Israeli Hedge Fund Association (IHFA) and a board member of Migdalor, the Israeli Naval Academy Alumni Association.
Ariel has more than 20 years of experience as an analyst and fund manager in global investment management. Ariel is a co-founder of Gilboa Fund of Funds, Limited Partnership, an Israeli based investment vehicle launched in 2014, dedicated to investments in Israeli Investment Funds and Investment Managers. He is also a founding member of the Israeli Hedge Fund Association. Prior to Gilboa, Ariel was the managing partner at Alpha Global, a long/short global equity hedge fund. Before that Ariel was the managing partner of Tamir Fishman Equity Opportunity Fund, an Israeli based long-short value oriented hedge fund, a senior analyst focused on deep fundamental analysis of global equities at Alverstoke Capital, a New York based hedge fund which specialized in applying a private equity approach to public markets, and an analyst and portfolio manager at Evergreen Investment Management, where he oversaw equity and fixed income investments for clients through managed accounts. Ariel received an MBA, Magna Cum Laude, from New York University, Stern School of Business (2003-2005). And a B.A, Magna Cum Laude, in Business and Economics from the Hebrew University (1996-1999).
Harel Gillon is Co-CEO of Oppenheimer Israel, one of the largest global brokerage and investment banking house in Israel, having served in this position since 2005. Oppenheimer Israel’s clients include the country’s leading financial institutions, among them insurance companies, investment houses and hedge funds. Harel has managed the subsidiary of parent company Oppenheimer & Co. inc through corporate changes relating to its sale from CIBC in 2008 and through the Global Financial Crisis. He has over 25 years of experience in capital markets, previously working in a range of sales and trading roles. Harel holds an MBA from IDC Herzliya and had previously served in the Intelligence Unit within the Israeli defence forces.
Lynn Martin is President of NYSE Group, which includes the New York Stock Exchange, the world’s largest stock market. Martin is the 68th President of the New York Stock Exchange and the second woman to lead the exchange in its 230-year history. The NYSE, the premier venue for capital raising, is the listing home to 2,400 of the world’s most influential and innovative companies.
In addition to the exchange, NYSE Group includes four fully electronic equity markets, including NYSE Arca, the industry leader in ETFs, and two options exchanges. Martin is also Chair of Fixed Income & Data Services at Intercontinental Exchange, Inc. (NYSE: ICE), the parent of NYSE Group. Most recently, she was President of that business, responsible for ICE Bonds execution venues, securities pricing and analytics, reference data, indices, desktop solutions, consolidated feeds and connectivity services that cover all major asset classes.
She previously served as President of ICE Data Services, COO of ICE Clear U.S., and in a number of leadership roles including CEO of NYSE Liffe U.S. and CEO of New York Portfolio Clearing. Martin began her career at IBM in its Global Services organization.
Martin holds a BS in Computer Science from Manhattan College and an MA in Statistics from Columbia University. She serves on the Manhattan College Board of Trustees as well as the Advisory Board of the School of Science and is a member of the Phi Beta Kappa National Honor Society.
Managing Member and CIO, Worth Venture Partners Prior to founding WVP, Abby was a Managing Director building and running the Equity- Linked and Special Situations Group at Stifel Nicolaus Weisel. Prior to joining Stifel in 2009, Abby co-founded a Relative Value hedge fund, served as a Managing Director running the Global Convertibles business at Bank of America, and began her career in Equity Derivatives at Bankers Trust in 1993. Abby is a Founder and Treasurer of a blended learning Jewish Day School in Northern NJ and holds a BA in Mathematics from New York University.
Mike Ellis CFA, CA (SA), MBA Director and Chief Investment Officer of Pioneer Wealth Management Originally from South Africa, Mike joined Pioneer in March 2000 after working in the Private Banking & Trust industry in the UK. Mike has over 22 years' experience in dealing with private clients and investment selection merging analytical, accounting and taxation experience to help investors look after their wealth. Mike is a Chartered Accountant, a CFA charter holder and received his MBA from Tel Aviv University & Kellogg Business School. Mike is also an Oxford University Alumni having participated in the Said Business School's Global Investment Risk Management Program. In addition, Mike is a licensed Portfolio Manager by the Israel Securities Authority. Mike serves pro bono as Chairman of the Investment Committee of the South African Zionist Federation (Telfed) and is a member of the Raanana Volunteer Search and Rescue Unit.
Tori Gilliland is a Vice President in the Capital Intelligence Group at Jefferies International Limited, based out of the firm’s London office. Tori is responsible for working with existing and start-up hedge funds and institutional investors across Europe, as well as with local hedge fund service providers. Prior to joining Jefferies, Tori worked in New York at Tourbillon Capital Partners where she was responsible for marketing and investor relations. Prior to joining Tourbillon, Tori was an analyst at Jefferies on the prime brokerage and capital intelligence teams. Tori earned her B.A. in Economics and Certificate of Business Studies from Providence College.
Co-Founder and CIO of Granite AlternativeGroup. Uri joined Granite Financial Instruments as the head of the trading desk in 2004, after four years of working as a Market Maker in listed U.S. Equity and Index Options at Bear Wagner in New York. Uri holds a B.A. in Economics from Penn State University (U.S.A), and an M.B.A in Finance from Bar Ilan University (Israel). In 2013, Uri and Menashe Shemesh established Granite M.S.A and launched their first Hedge Fund.
Jan joined Guy Partners, one of Israel’s leading Hedge Fund management groups in 2017, as Managing Partner of Guy Global LP, a USD Credit hedge fund. Prior to joining Guy Partners, Jan was CIO, International Fixed Income at IBI Investment House. Jan has 35 years of experience in international markets, with former employers including, amongst others, Kidder Peabody, Oppenheimer and UBS. Jan Has an MBA from the Kelley School of Business at Indiana University and a BA in Management & Economics from Tel-Aviv University where he now serves as a member of the Investment Committee.
David joined Goldrock Capital in 2008. He has over 20 years experience in family office management, venture and growth capital and management consulting. David advises clients on the management of their wealth. He has built Goldrock’s platform of global alternative investments and heads the firm’s Platform Committee. Prior to joining the firm, David held positions at EY, VantagePoint Venture Partners and Merrill Lynch. He holds B.S. in Finance from Yeshiva University. David lives in Bet Shemesh with his wife, Rochelle, and their three children.
Leor Shapiro is Managing Director and Global Head of Capital Intelligence within prime services at Jefferies with oversight of Capital Introductions, Strategic Content and Hedge Fund Consulting Services. Mr. Shapiro is responsible for working with both existing and start-up hedge fund managers to help them launch, grow and evolve their businesses as well as help them develop and implement their marketing strategies on a global basis. Mr. Shapiro also serves as co-Head of the Jefferies Woman’s Initiative Network for the Americas and sits on the firm’s Diversity and Inclusion Committee. Prior to Jefferies, Mr. Shapiro was the Americas Head of Business Consulting at UBS and spent the earlier part of his career allocating to hedge funds with an operational due diligence focus.
Michael has 30+ years of experience in the capital markets, in the US as well as in Israel. Past positions include Private Wealth Management Advisor at Morgan Stanley (Chicago), Late-stage Private Equity Investment Executive at Advanced Equities (Chicago), Private Banker at Leumi Bank (Chicago), CEO of Harel Financial Markets (Tel Aviv), CEO Edmond de Rothschild Investment Services Mutual Funds (Tel Aviv), CEO Koor Mutual Funds (Tel Aviv). Served in Israel Prime Minister’s Office. I.D.F. Combat Helicopter Pilot. Michael holds a BA in Economics and Political Science from Bar Ilan University.
Eran is Clarity Capital’s Chief Strategist. He previously served as the firm’s Chief Investment Officer, managing its global investment process and responsible for asset allocation and risk management across a broad range of public-market and private investments. Prior to Clarity, Eran was a Senior Investment Manager at Gartmore, an international asset management firm based in London, where he directly managed $2.5bn in assets and led a team of investment professionals. Eran subsequently served as Head of International Investments for Gmulot, a leading Israeli institutional investor, where he led $1.5bn of investments in global financial markets across a variety of asset-classes. He was an Adjunct Lecturer at the business schools of both Tel-Aviv University and the Hebrew University of Jerusalem. Eran received his BA Cum Laude in Economics and Philosophy from the Hebrew University of Jerusalem and his MBA from Oxford University. He is currently pursuing a PhD at the Graduate Program in Science, Technology and Society (STS) of Bar-Ilan University. He is a CFA Charter Holder and an ISA-licensed portfolio manager. Eran is a frequent media writer and commentator on the global economy and financial markets.
Mr. Dreyfuss is the CEO of Eden Funds—Eden Alpha and Eden Discovery. He oversees business development, operations, and investor relations. Mr. Dreyfuss also serves as a board member of the Israeli Hedge funds Association(IHFA). Before joining the General Partner, Mr. Dreyfuss served as the VP of business development of Floresta Holdings, a UK-based company that developed renewable energy projects in Brazil and Indonesia. Mr. Dreyfuss holds a B.Sc. degree in Electrical Engineering and an MBA degree Summa Cum Laude; both degrees are from the Technion—Israel's Institute of Technology.
Hemal Purohit is Head of EMEA Derivatives Sales, at Cboe Global Markets, Inc. (Cboe). Based in London, Purohit leads the company’s EMEA Derivatives sales. Purohit is responsible for managing relationships with Cboe’s buy- and sell-side customers across Europe, the Middle East and Africa (EMEA).
Prior to joining Cboe, Purohit held various positions at several sell-side banks, including Société Générale, Barclays, Santander and Natixis. He has extensive experience in listed derivative sales, Institutional sales and index volatility trading.
Vered is the CEO of Raveh Ravid Family Office. Her role includes the establishing of a comprehensive view of the family assets, defining long and short-term goals, assessing opportunities and risks, transforming decisions into actions and continuously monitoring their portfolios. In addition, Vered guides the families through intergenerational transition processes. Before heading the Raveh Ravid Family Office, Vered held management roles at various Israeli and international banks and investment banks for over 15 years, where she led professional teams and provided high-end financial consultancy services. Vered has a BA in Business Administration (specializing in financing) from The College of Management.
Eran has over 20 years of trading and Investing experience in Global Markets. At the last 10 years Eran is the Head of Global Markets at Harel Insurance Company, one of the largest Insurance & Pension Company in Israel. As a Head of Global Markets, Eran manage a portfolio of over 20 Bill USD in both Equity & Fixed Income. Prior to Harel, Eran worked as a Portfolio Manager at Migdal Insurance Company, Eran was in charge of the Global Fixed Income investment at Migdal. Earlier in his career, Eran was the Head of trading desk at Matrix A.B.C , a private trading company. Eran holds a BA in economics from Bear -Sheva University and MBA from TLV University.
Ofir Navot, Head of Global Investments, Meitav Investment House Extensive years of Global Investment management experience on both private and institutional platforms. Successfully lead teams managing HNW accounts, Hedge Funds, Mutual Funds and Pension Funds. Experienced in systematic/quant trading methods as well as fundamental macro investing. Currently Head of Global Investments at Meitav Pension Fund.
Yoav Caspi is head of global markets at Phoenix Insurance, one of Israel's largest asset management companies. In his role, Yoav is in charge of managing publicly listed global equity, global credit and FX & rates. Yoav has been at Phoenix insurance since 2015 when he joined as a global equity portfolio manager. Yoav's has been in the capital markets since 2005. Prior to joining Phoenix, Yoav managed a global equity long/short hedge fund at Migdal capital markets, managed global investments at the Brazilian Banco Itau (in New York) and also managed private portfolios at Psagot. Yoav holds an undergraduate degree in chemistry and economics from the Tel Aviv University as well as an MBA from Columbia Business School.
Starting in the financial industry in London over 15 years ago, I've managed to work both on buy-side and sell-side and covered most parts of the ecosystem, including end-clients, connectivity, ISVs, market data. I have a vast experience from international exchanges - Liffe, LME, SGX - as well as brokerage from my days at RJO'Brien and deep understanding of the day-trading from OSTC. Financial markets is a passion rather than a job, along side my passion for sailing and mountains.
Lena has 20+ years of experience in varies senior roles in investment management industry in Israel both on the sell and buy side.
Lena was the Head of Global Investments at one of the largest Institutional investors in Israel. The responsibilities included all aspects of management of global portfolio with AUM above 80 billion NIS. Heading global equities and credit investment team, which is responsible for analyzing, trading and allocating funds among varies liquid and alternative asset classes and investment vehicles. Development of Global strategy, asset allocation and portfolio construction across multi- assets strategies.
Lena also worked on a sell side and has a successful track record identifying attractive assets classes, developing relationship with world class asset managers, introducing them to Israeli Institutional clients, helping to build their brand and expanding their market share among Israeli Institutional and Qualified clients. Lena received an MBA in finance from the Bar-Ilan University and a BA in economics and business management from the Bar-Ilan University.
Roy Engel is a partner at Barnea Jaffa Lande and heads the firm’s Investment Fund practice. Roy has extensive international experience (over 20 years) in the formation of private investment funds, including hedge funds. In addition, Roy is the principal outside counsel of several major Israeli institutional investors in the area of private investment funds and in this role has help build Israel’s largest private equity and venture capital funds portfolios.
Maya comes to Keshet with 25 years of experience in developing the philanthropic sector in Israel, which includes working with dozens of high net worth families and philanthropic institutions on their giving journey in Israel.
After establishing JFN-Israel in 2008 and growing it to be an integral part of the Jewish Funders Network and of the Jewish philanthropic ecosystem, Maya founded and is heading Israel’s first donor-advised fund, Keshet.
She brings to both positions her entrepreneurial and management acumen, as well as extensive knowledge of philanthropy, business and Jewish community in Israel, US and the UK. Earlier in her career, Maya held a number of positions at the Jewish Agency, including management of the Israel Experience Unit, thought partner in the establishment of Masa, and board member of Taglit. Prior to that, Maya was the Schlicha to the Jewish Federation of Greater Washington and director of programs at UJIA in London. Maya received an MBA from the Interdisciplinary Center Herzliya.
Since 2021, CEO of Excellence Investment Management and Securities Ltd. In the years 2011 to 2021, the manager of the trading room at Excellence Investment management and Securities Ltd and before, From 2006 to 2011 worked at the bond desk at the Psagot brokerage company. Has a bachelor's degree with honors and M.B.A in business administration at The College of Management Academic Studies (COLMAN)
Special Forces ex-officer with 10 years of extensive leadership and management experience. Specializing in integrating strategic planning and operational execution in the commercial, military, and educational domains. Experienced in problem-solving within highly challenging professional realms. Deeply believes in the power of people gathering for a mutual cause.
Shmuel Menahem, CPA, is Head of Israel at Apex Group Ltd and overlooks the business strategy for the region & has years of experience in leading operations, while maximizing efficiency together with quality service. Apex is a Global Administrator for Hedge Funds, Venture Capital, Debt and Private Equity funds, delivering extensive range of single-source services across the full value chain, to asset managers, capital markets, corporates and family office.
Will is the Head of the UK Sales Origination and Capital Consulting Team covering all asset classes within the Prime Services Clearing business. His team primarily covers the UK/Ireland as well as the Middle East, Israel and South Africa. In addition, he performs a Global Strategy role for the Proprietary Trading Group client base. He has been in the Futures and Prime Brokerage industry for over 23 years, leading Sales teams for well over a decade. Will initially joined Deutsche Bank having graduated from Loughborough University with a degree in European Business Management and German. He then moved to the Prime Brokerage sales team at Lehman Brothers (Nomura after default) in 2002. He has now been part of Société Générale Prime business for over 12 years.
Michel Everaert serves as Managing Director, Head of EMEA, CME Group.
Prior to this, he was co-Head of Client Development & Sales (CD&S), Europe, Middle East and Africa (EMEA) where he led sales strategy and customer acquisition and relationship management in EMEA. Other roles at CME include responsibly for Client Development and Sales to Commercial & Corporate clients globally based out of the company’s London office and head of OTC Solutions where he was responsible for launching the CME Direct electronic trading application.
He joined CME Group in February 2011. Before joining the company, Everaert served as Chief Information Officer of IMEX Group, an investment vehicle owned by a subsidiary of the sovereign wealth fund of the State of Qatar. He also has served as CIO of E-commerce at GFI Group, a leading inter-dealer broker, and held senior roles at Logica Ltd., Reuters Ltd. and Dow Jones Telerate.
Sponsers
PLATINIUM
Lowenstein Sandler is a US law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.
Jefferies (NYSE: JEF) is the largest independent, global, full-service investment banking firm headquartered in the U.S. Focused on serving clients for 60 years, Jefferies is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, advisory, sales and trading, research and wealth management services across all products in the Americas, Europe and Asia. Jefferies’ Leucadia Asset Management division is a growing alternative asset management platform.
GOLD
Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 94 offices worldwide and 12,000+ employees in 38 countries, Apex Group delivers an expansive range of services to asset managers, financial institutions, private clients and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund services, digital onboarding and bank accounts, depositary, custody, super ManCo and fund raising services, corporate services including HR and Payroll and a pioneering ESG Ratings and Advisory solution. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the Environment and Climate Change, Women’s Empowerment and Economic Independence, Education and Social Mobility.
As the world's leading derivatives marketplace,CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex® platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing
Our vision is to be the most trusted and relevant professional services business in the world - one that attracts the best talent and combines the most innovative technologies, to help organisations build trust and deliver sustained outcomes.
Oppenheimer Israel Ltd. (“Oppenheimer”) is a leading provider of U.S. brokerage and investment banking services to the Israeli market. The established Tel Aviv-based office has operated for more than 50 years and offers professionals in brokerage, research, investment banking, and executive services. Years of continuous activity in Israel have earned Oppenheimer recognition for its success and dedication to the Israeli market. We provide strong after-market support and sponsorship of conferences and company tours attended by institutional investors and potential strategic alliances. Brokerage and Research Services Oppenheimer services leading Israeli financial institutions: banks, brokers, insurance companies, pension funds, mutual funds and portfolio managers. In 2013, Oppenheimer continued to be a leading market maker in Israeli equities traded in the U.S. We make a market in 80 Israeli-related shares traded on the Nasdaq OMX. Investment Banking Services Oppenheimer provides a full range of services, including public and private equity financing and M&A advisory. Oppenheimer has completed over 25 transactions totaling over $2.5 billion in value for Israeli companies in the last five years. Oppenheimer has played a major role in listing many of Israel’s growth, technology and healthcare companies traded on U.S. exchanges.
Gilboa is one of Israel's leading alternative investments allocators. The company manages three Fund of Hedge Funds, and structures feeder funds for non-tradable investments. Since establishing the first Israeli FoHF in 2014, the company has been focused on creating excess returns for investors through smart and efficient exposure to sophisticated investments and the best hedge funds in Israel. Among its clients: High Net Worth investors in Israel and abroad, institutional investors, universities, kibbutzim and public companies.
Alpha LTI was founded in 2005 by Gabi Dishi and Michael Weiss and is one of Israel’s leading hedge fund groups.
The firm currently has approximately 2.5B NIS in assets under management invested in five funds:
1. Alpha Value 1 LP specializes in long-term investments in small-cap Israeli companies, primarily in the industrial and services sectors.
2. Alpha Opportunities LP invests in public companies using a value/growth approach and long/short trades to lower volatility and risk. The fund incorporates event-driven strategies which identify market mispricings and triggers for price appreciation.
3. Alpha Long Equities LP invests in Israeli publicly traded companies while utilizing a fundamental-oriented value/growth investment approach.
4. Alpha Pengana Israel is a unit trust fund for Australian wholesale investors. Managed by Pengana Capital and advised by Alpha. The fund invests in publicly traded Israeli companies listed in Israel and foreign markets and uses value and growth strategies.
5. Ragnar Fund is a crossover fund investing in private Israeli companies. Alpha utilizes a structured long-term investment philosophy based on a fundamental bottom-up equities analysis. Alpha's client base includes institutional investors (pension funds, provident funds, universities, and more), family offices, and high net worth local and foreign investors.
Granite Alternative group is a fund management firm established by Menashe Shemesh and Uri Geller who have over 20 years of experience as derivatives traders.
Based on their extensive experienceand understanding of financial markets, the fund managers developed a propriety trading model infused with their own expertise and know how. The model sought to systematically take advantage of inefficiencies in global derivatives markets.
In 2013 Granite launched Granite Alphen Capital Fund (GACF), its flagship fund, an award-winning systematic hedge fund. Currently, Granite manages several systematic hedge funds, all model based, on various derivatives trading strategies and risk/reward profiles.
In February 2022 Julien Assous joined Granite Alternative Group and serves as the CEO. Julien is one of the most experienced managers in the Israeli market.
Sphera Funds Management is the first and leading Hedge Funds Group in Israel. Founded in 2004, Sphera aims to generate consistent, long-term, risk-adjusted returns to its investors, while exceeding the relevant benchmarks and adhering to high international standards of compliance and operation. Over the years, Sphera has gained international recognition and awards for excellence among leading hedge funds worldwide. Sphera’s investment strategy is predicated on fundamental and comprehensive research of industries, macro trends, companies and management teams, while dedicating considerable resources for analysis and identification of companies with strong foundations and high potential for profitability
Barnea Jaffa Lande is a top 20 Israeli law firm with a diverse client base of local and foreign companies.
The firm is considered one of the most experienced law firms in the hedge fund field, representing local hedge funds registered abroad in all stages of the process, from initial establishment of the fund, though drafting articles of association, to preparing management agreements, investment agreements, and agreements with various trustees. Barnea also serves as the IHFA’s legal counsel.
Societe Generale, one of Europe's leading financial services groups and a major player in the economy for over 150 years, supports 25 million clients every day with more than 117,000 staff in 66 countries.
The Group combines financial strength, proven expertise in innovation and a sustainable growth strategy with the objective of creating value for all our stakeholders. We seek to be a trusted partner in the projects of those building tomorrow's world today.
Our corporate purpose is: “Building together, with our clients, a better and sustainable future through responsible and innovative financial solutions.
Altshuler Shaham Investment House was established in 1990 by Gilad Altshuler and Kalman Shaham and now incorporates a group of companies in various fields of finance.
Today, the investment house manages approx. 200 billion shekels for roughly 2.4 million clients and investors and offers its clients a broad range of products and services, including managing investment portfolios, provident funds, study funds, pension funds and mutual funds Altshuler Shaham Yanshuf (master)L.P is a hedge fund that has been operating under Altshuler Shaham investment house since 2013 (hererinaftaer – the "Hedge Fund").
The fund's investment model is based on exposure to a variety of different investments strategies, by allocating the Fund's assets across various portfolio funds , rather than investing directly in securities and financial assets.
The purpose of the fund is to create value over time, with a relatively low correlation to stock markets, using extensive risk diversification.
Founded in 1991, NAV is a privately owned fund administrator recognized for its innovative and cost-effective fund administration solutions. A dynamic team of more than 2,250 professionals provide services to 2,000 funds across the globe -- including hedge fund, private equity fund, and cryptocurrency fund clients.
The company is headquartered in the United States, with four facilities in India supporting Back Office and Middle Office services, and locations in Australia, the Cayman Islands, Israel, Mauritius, and Singapore.
NAV ranks among the top global hedge fund administrators by number of funds, servicing more than $180 billion AUA. NAV is regulated by the Cayman Islands Monetary Authority (CIMA) and holds a Full Mutual Fund Administrators License
Described as “Wall Street’s best-kept secret” (The Legal 500: United States), Kleinberg Kaplan is a premier boutique law firm that provides practical, business-minded legal counsel to investors, entrepreneurs and other industry leaders.
With a national and international reputation for representation of private funds, the firm serves an impressive roster of clients, including investment funds and companies at all stages of their life cycles, as well as a wide variety of real estate investors, family offices and high-net-worth individuals.
The firm boasts an active practice representing Israeli clients and was a founding member of the Israel Hedge Fund Association.
Kleinberg Kaplan provides a full-service platform that combines extensive Big Law experience with the personalized attention of a boutique firm, true teamwork and an entrepreneurial culture attuned to investments, building businesses and transforming ideas into successful companies. To learn more please visit www.kkwc.com.
SILVER
Hong Kong Exchanges and Clearing Limited (HKEX) is one of the world’s major exchange groups, and operates a range of equity, commodity, fixed income and currency markets.
HKEX is the world’s leading IPO market and as Hong Kong’s only securities and derivatives exchange and sole operator of its clearing houses, it is uniquely placed to offer regional and international investors access to Asia’s most vibrant markets.
HKEX is also the global leader in metals trading, through its wholly owned subsidiaries, The London Metal Exchange (LME) and LME Clear Limited. This commodity franchise was further enhanced with the launch of Qianhai Mercantile Exchange (QME), in China, in 2018.
HKEX launched the pioneering Shanghai-Hong Kong Stock Connect programme in 2014, further expanded with the launch of Shenzhen Connect in 2016, and the launch of Bond Connect in 2017.
Objective specializes in performing analysis, providing investment advice and risk management services in the field of alternative investment funds. We perform pre-investment analyses and ongoing monitoring and annual reports throughout the investment lifecycle for over 90 funds. Our analysis is performed for all types of alternative funds in Israel and worldwide. Founded over 4 years ago by Mr. Boaz Warshavsky, we created a team of professional analysts that has combined experience of over 100 years.
LSEG is a leading global financial markets infrastructure and data provider. We play a vital social and economic role in the world’s financial system. With our trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities.
Valley is a US public bank managing $54 billion in assets with more than 200 locations all over the US. Valley Bank supports Israeli and Cayman Investment and Hedge Funds with their Commercial needs in the US: Cash Management, FX Conversions and Hedges and Credit Lines (and not brokerage).
Alon Lev-Hertz joined Leumi USA in 2014 and since then has led the Financial Institution Group. Alon is specifically concentrated in the Investment/Hedge Funds industry. He is based in NY and will be happy to discuss any business opportunity. Alon Levhertz alevhertz@valley.com
ADDITIONAL SPONSORS
Israel Interactive Trading provides Prime Brokerage service in the global capital markets to worldwide clients.
We offer our service to Individuals, Financial Advisors, Prop Trading groups, Brokers, Hedge Funds and Private companies.
With Israel Interactive Trading investors can trade in Stocks, Futures, Options, Bonds, FX, and much more, in over 135 markets from a single Universal account.
Agora is a fintech/SaaS company that helps real estate firms raise and preserve more capital by automating their back-office processes, increasing their investors' satisfaction, and providing them with advanced tools to optimize operational efficiency.
Agora has helped real estate firms across the globe with a focus on North America. In total, these firms have over 14,000 investors, 23,000 investments, and $40B in Assets Under Management. With easy-to-use, customizable software that makes investment management simple, scalable, and highly secure, Agora automates everything from fundraising to investment management, to reporting, to payments, to secure document sharing and tax operations.
Agora supplements its core software with financial products, including K1 1065 management, payments, and compliance directly through the platform. Agora is trusted by some of today's leading real estate firms, including Livwrk, Gaia Capital, Open Path Investments, Electra, PL Holdings and more..
Keshet Donor-Advised Fund is the first of its kind in Israel, for managing donations.
Providing an innovative financial tool, Keshet aims to significantly expand the circle of donors and philanthropists in Israel and to raise the nation’s standards to those of western countries, in which philanthropy is almost vital for anyone above a certain income.
The DAF model by Keshet allows donors to choose the way, style and pace of donating that suits them, employing an efficient and long-term giving process. Donors receive professional services as well as advice and guidance, while enjoying unique tax benefits and low management costs.
Keshet is a nonprofit public benefit company (PBC), and is approved by the IL Tax Authorities for Section 46A donation tax credit.
As of today, the fund has approx. Nis 190 million under management, from 90 donors and Nis 60 million have been donated to nonprofit organizations in Israel.
נגב היא מחלוצות מבשלות הקראפט בישראל. המבשלה החלה את דרכה כמבשלה ביתית מהראשונות בארץ. כבר בהיותה מבשלה צעירה זכו הבירות המיוחדות של המבשלה להכרה ולהערכה בכל הארץ, ואף לזכייה במספר רב של פרסים. כיאה למבשלת קראפט, ייצור הבירה נעשה בעבודת יד מהרכיבים האיכותיים והטריים ביותר, תוך כדי הקפדה על כל הפרטים הקטנים של כל שלבי הייצור. המבשלה זכתה פעמיים בתואר המבשלה הטובה ביותר בישראל על-ידי האתר הבינלאומי הנחשב Ratebeer.
About Cowen Inc. Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm that provides investment banking, research, sales and trading, prime brokerage, outsourced trading and commission management services. Cowen also has an investment management division which offers actively managed alternative investment products. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.com
PARTNER
The Tel Aviv Stock Exchange (TASE) was established in Israel in September 1953. As of August 1, 2019, the Tel Aviv Stock Exchange is a TASE traded public company (TASE: TASE)
TASE plays a central role in the Israeli economy and provides a market infrastructure that is central to the economy’s growth. As TASE is the only securities exchange in Israel, where access to it is protected by high barriers to entry in terms of regulation and the need for reliable technological infrastructure, Israeli companies and the Israeli government rely on TASE’s markets for capital and liquidity TASE is the “home court” for Israeli companies seeking to raise capital to meet their growth and liquidity objectives. In so doing, TASE contributes significantly to Israel’s economic growth and employment.
TASE is also the “home court” for the Israeli investment community and provides investors with a reliable and comprehensive trading platform for the buying and selling of a wide range of securities and other financial instruments.
TASE serves hundreds of thousands of investors, including households, who invest in TASE’s markets, largely through investment management companies including pension funds, insurance companies, provident funds, advanced study funds and other entities. TASE provides markets for the listing and trading of a vast range of securities and derivative instruments. These include shares, corporate bonds, government bonds, Treasury bills, ETFs, convertible securities, single stock options, options and futures on equity indices, and options and futures on foreign currency exchange rates. Trading is fully automated, order-driven, real-time and continuous through our sophisticated continuous trad