Our firm represents venture capital fund Group 11 in a US $120 million closing of its fifth fintech fund and in its registration process for trading on the Tel Aviv Stock Exchange’s TASE UP trading platform. Group 11’s Fund V will be the first fund to be traded on TASE UP. Among the investors in the Group 11 Fund V are prominent Israeli institutional investors, including the Migdal Group, Harel Investments Group, Menora Mivtachim Group and other groups, together with a number of family offices from the United States and Israel.
The fund is represented by partners Dr. Eyal Raz, Sharon Werker-Sagy, Daniel Paserman (Head of Tax), Gila Ponte-Shlush and Dr. Assaf Prussak, together with Senior Associate Nir Moses and Associate Amit Ron.
March 21, 2021
