Israel Secondary Fund: Raises $312M for Third Fund

Israel Secondary Fund Raises $312M for Third Fund

• Israel Secondary Fund, a Tel Aviv, Israel based venture capital firm, raised its 3rd secondary fund, totaling USD312m
• The investors who participated in the current fundraising include several of Israel’s largest institutional investors
• ISF is a technology-focused secondary fund headed by Dror Glass, Nir Linchevski, and Eva Hubsman
• The firm provides liquidity in the inefficient private tech market, performing quick and creative transactions acquiring holdings in private companies and venture capital funds
• Its target audience is entrepreneurs, investors, and employees who hold options and shares in companies in addition to limited partner stakes in funds
• ISF invested directly and indirectly in approximately 220 companies