Wednesday, 30 July 2014
Last updated 2 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…