Columbus Avenue Opens Office In Tel Aviv

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.


In Depth

FINtech Focus: Fundbase Aims To Revolutionize Access To Hedge Funds

Jan 23 2015 | 11:03am ET

Global investment in financial technology—also known as fintech—is booming....

Lifestyle

Is Steven Cohen Going to Buy the Brooklyn Nets?

Jan 19 2015 | 6:49am ET

Rumors that Steve Cohen was interested in the Brooklyn Nets emerged after Scott...

Guest Contributor

Investors Benefit From Evolution Of Fund Of Hedge Funds Model

Jan 22 2015 | 12:27pm ET

The evolution of the fund of hedge funds model over the last few years represents...

 

Editor's Note