Wednesday, 20 August 2014
Last updated 7 hours ago
Nov 30 2011 | 11:32am ET
Hedge fund administrator Columbus Avenue has opened what it says is Israel’s first full service admin firm in Tel Aviv under the name Tzur Management.
"We are well positioned to deliver our expertise to the growing alternative investment business in Israel," said CEO Joe Holman. "Columbus Avenue's approach complements the innovation and technology Israel is known for."
Yitz Raab, former partner and CFO of KCPS & Company heads the new office which focuses on servicing hedge funds, private equity funds, fund of funds and managed account platforms.
Columbus Avenue estimates there are about 40 hedge funds managing around $2 billion in Israel, which also has a well-established private equity industry with several billion dollars under management.
Columbus Avenue also has offices in New York, Dallas and Toronto.
Aug 4 2014 | 7:42am ET
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The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note