Israel Secondary Fund - ISF

Israel Secondary Fund - ISF serves as a vital liquidity provider across Israel's technology ecosystem, facilitating transactions that allow stakeholders to realize value from their private market holdings. The firm has established itself as the market leader in Israeli secondary transactions, creating pathways for investors, founders, and employees to monetize their shares in startups while supporting the sustainable growth of Israel's renowned tech industry. ISF's comprehensive approach includes purchasing private company shares, acquiring limited partner interests in venture capital and private equity funds, and developing innovative liquidity solutions tailored to the Israeli market's unique characteristics.

With a focus on growth-stage technology companies, ISF targets direct secondary transactions exceeding $1 million, acquiring shares, warrants, and other financial instruments from various stakeholders. The firm employs a strategic investment approach, often increasing its positions through additional secondary purchases and participating in subsequent funding rounds alongside primary investors. This methodology allows ISF to build meaningful stakes in promising Israeli tech companies while providing crucial liquidity to early backers, founders, and employees who may otherwise remain locked into illiquid positions for extended periods.

Since its founding in 2008, ISF has completed more than 80 transactions across private technology companies and venture funds, demonstrating its deep expertise in the Israeli secondary market. The firm's investment strategy extends beyond simple share purchases to include sophisticated fund-level transactions, where ISF acquires LP interests in Israel-related venture capital and private equity funds with diversified portfolios. These transactions are carefully structured to accommodate sellers' specific requirements, with ISF assuming remaining capital commitments and leveraging its international partnerships to execute transactions of any size.

ISF further distinguishes itself through customized fund solutions designed to benefit both general partners (GPs) and limited partners (LPs) in venture capital funds. By injecting additional capital or restructuring existing funds, ISF creates opportunities for fund managers to extend their investment capabilities while offering LPs pathways to reduce risk through partial or complete exits. The firm's collaborative approach, working alongside its own limited partners and co-investors, enables ISF to handle transactions across the size spectrum while crafting incentive and liquidity plans that align the interests of all stakeholders in Israel's dynamic technology ecosystem.