Investing in Medium-Size Enterprises in Israel's Periphery
Elah Fund I, LP (the "Fund") is raising a $100 million growth-capital impact fund primarily to address the undercapitalized market of medium-sized, revenue-generating businesses in Israel’s peripheral areas with the potential to grow significantly by accessing international markets. The Fund's sponsors estimate the value of this target market at more than $4.5 billion and believe that investment in it is critical to Israel’s continued economic and societal prosperity.
Israel’s economy is strong and innovative
The Israeli economy is robust and growing
Its remarkable growth is driven by a highly educated, adaptable labor force, pragmatic fiscal policies, and a steady increase in exports and international investment. Israeli innovations have revolutionized technology, healthcare, agriculture, media and many other industries, with cutting edge solutions to solving the greatest problems and creating the greatest opportunities.
Industry leaders, Hands-on engagement
The Fund is being formed by a cohesive, dedicated team of industry leaders with decades of investment and operating experience.
Chair, Investment Committee
Calanit Dovere Valfer
Founder and Chairman of Signature Bank (Nasdaq: SBNY) ranked #1 in Forbes' "Best Bank in America" survey, and widely recognized financing expert for small and medium business Since 1988,
Scott served as Partner at Ranieri Partners, and in 1997 was a lead negotiator in the privatization of Bank Hapoalim.
Scott was Founding Director of Super Derivatives, which was sold to ICE, the largest foreign acquisition of Israeli financial technology company
Previously Founding Partner of Nexus Israel, a strategic advisory firm for investors/owners and CEOs focused on business growth optimization with a primary focus on US/lsraeli collaboratims
Calanit was Chief of Staff for the Chairman and Senior Aide to Head of Global Private Banking at Bank Hapoalin.
Calanit founded Nisan Young Women Leaders and served as executive consultant to numerous social venture and green business initiatives
Joining Q2 2016
Will join Elah in 2Q 2016, and has served as Chief Executive Officer of several major Israel companies, spanning manufacturing, consumer goods, pharmaceuticals and industrials
As CEO of each, he materially grew EBITDA, built global sourcing and distribution channels, led activity and streamlined production processes
YW turned around and negotiated the sale of one company after enhancing R&D, improving sales and operating margins and expanding into APAC markets
MInvestment CommitteeVP Finance and CFO IMC Group/ ISCAR (a Berkshire Hathaway company)
Chief Financial Officer and Vice President, Finance for the IMC Group, a Berkshire Hathaway portfolb company
Danny leads all activities, including the acquisition of more than 50 companies and the IMC acquisition by Berkshire Hathaway
Danny is Chairman of Stef Wertheimer's Foundation for Education, Work and Entrepreneurship for Industry
Strategic Advisory Board
Founder of ISCAR Ltd. and Founder of the "Tefen Model" network of Industrial Parks in Israel
Chairman and President Ranieri & Co., Inc.
Yehuda (Yale) Stark
Partner, Ranieri & Co., Inc
Founding Partner Exodus Capital, LP