Private Equity and Venture Capital
Private Equity and Venture Capital
 
Private equity funds, venture capital funds, and hedge funds in Israel have grown and expanded in the last few years, as reflected by the more than US $12 billion invested in Israel during the last decade (representing one of the highest rate per capita in the world) and by the growing number of outbound investments made by Israeli institutional and other investors.

In this environment, Gornitzky & Co. has lead in both fund formation and private equity transactional work and is one of the most active and knowledgeable resources in the industry in Israel. The practice group is headed by Adv. Daniel Paserman who is a tax and fund formation lawyer in our firm.

Gornitzky & Co. represents private equity, venture capital, co-investment funds, secondary funds, funds-of-funds, hedge funds, banks and financial institutions in the full range of activities engaged in by such firms and their portfolio companies or investments. The services provided to these clients range from fund formation to portfolio company investment activities to exit transactions, including initial and follow-on public offerings and mergers and acquisitions transactions.

We also have represented many parties on the investor side of these funds, including pension funds, foundations and investment companies, and high net worth individuals as part of their making investments in new or existing funds.

In the past year alone, we have acted as counsel for sponsors or investors in diversified private equity funds, real estate funds, venture capital funds, and hedge funds with total transaction of over US$ 1.5 billion.

Our fund related clients include:
  • Gate keepers who act in Israel;
  • Private equity firms;
  • Foreign funds raising money in Israel, such as various real estate funds.
Our funds attorneys focus their practice exclusively on the organization of these investment funds and in the representation of investors in investment funds, building special expertise in structuring of feeder vehicles to institutional investors (taking into account their specific regulatory needs), for investments in foreign funds.

We provide "one stop shop" for our private equity/financial sponsor clients, with provision of regulatory, securities, tax and other area of expertise relating to fund formation and representation.
 
© Gornitzky & Co. 2004