Dan Gillerman, who recently completed his term of office as Israel's ambassador to the UN after six years is returning to the business sector. Gillerman has teamed up with business people Matthew Bronfman and Shulem Fisher in setting up a new investment fund that will focus on alternative energy, water and agriculture.
The private equity fund will focus on Israel but will also look outside of it. Gillerman explained that the fund would consider investments in "firms that operate in markets where Israel has advantages, such as Eastern Europe."
Gillerman will serve as chairman of the fund and this week he and Bronfman will hold a round of talks with potential investors in Europe. The fund will operate from the offices of the Bronfman Fisher Group in Tel Aviv's Discount Tower.
The Bronfman Fisher Group operates in several sectors in Israel and abroad, mainly in investments focusing on the controlling interest in Israel Discount Bank Ltd., holdings in shares of Shufersal Ltd. together with Nochi Dankner's IDB Group, and IKEA Israel as well as industrial activities in Israel and abroad, and overseas real estate operations concentrating on the assets of Israel's public companies.
Published by Globes [online], Israel business news - www.globes-online.com - on September 21, 2008
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