Investment bank CE Unterberg, Towbin has announced the opening of a new international office in Israel.
Mark Green joins the firm as managing director to head up the Israel office, which will provide a full range of investment banking services. Green has over ten years experience in Israel. Prior to joining CE Unterberg, Towbin, he was with Citigroup Investment Banking in Israel, where he focused on semiconductors, storage, security and software.
"There are a number of Israeli companies that have a very strong outlook, especially in the technology and healthcare sectors. The coming years could provide significant opportunities for these companies on Wall Street," said Green. "Now is the time for Unterberg, Towbin to have an on-the-ground presence in one of the world's most important technology centers of excellence."
"Our new Israeli office is a logical extension of our long-established presence in the country," says Thomas Unterberg, chairman and CEO of CE Unterberg, Towbin. "We have been part of the Israeli financial community since the 1980's, and have managed the IPOs and follow-on offerings of a number of Israel's leading companies. The opportunities in Israel are enormous, and we will be better able to serve our clients with an office there."
"Our Israel office is a statement of our confidence in the future of the Israeli economy and the business potential it represents," says John Gutfreund, managing director of CE Unterberg, Towbin. "As we explore business opportunities, we will continue to focus on our core target areas of technology, healthcare and security."
Published by Globes [online] - www.globes.co.il - on Tuesday, May 18, 2004