IIP closing $500m Israeli private equity fund

Oded Kobo Photo: PR

Oded Kobo and Dr. Simón Levy-Dabbah have founded Israel Investment Partners to encourage foreign investment in Israel.

Businessmen Oded Kobo and Dr. Simón Levy-Dabbah have established the $500 million Israel Investment Partners (IIP) private equity fund for opportunistic value-based investing in Israel. The fund has been established to encourage investment in Israel and to continuously improve international business relations. The firm's debut fund, IIP I, was initially targeting $350 million for its final close, but has now set a $500 million limit due to being oversubscribed.

IIP seeks to invest in established businesses primarily in Israel, comprised of hard assets with leading market positions, in the following sectors; agriculture, communications, defense, electric utilities, energy & natural resources, financial services, life sciences, real estate & construction, power and renewables, technology, transportation, waste management and water.

Israel Investment Partners (IIP) has assembled a team of highly experienced investment professionals with years of combined industry experience and strong ties to government in Israel, Mexico, and China. Prior to establishing IIP, Dr. Simón Levy-Dabbah, PhD, held several positions in public office and was the Undersecretary of Planning and Tourism for Mexico. Oded Kobo is a private equity investment professional, with nearly twenty-years of experience in investment management, private equity, value creation and fund strategies. Mr. Kobo maintains a significant network of relationships across Asia, Europe, and the Middle East.

Published by Globes, Israel business news - en.globes.co.il - on June 4, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

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Oded Kobo Photo: PR
Oded Kobo Photo: PR
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