Sunday, 25 January 2015
Last updated 2 days 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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…