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Apr 03, 2016

HFN Represented the Israeli Government in Connection With The Formation of Two Private Equity Funds

HFN's Investment Funds team won a tender issued by the Israeli Government (Ministry of Economy), and advised the Israeli Government in connection with the formation of two private equity funds for investment in medium and small businesses (both funds launched in March 2016), each with NIS 300-450 million in commitments. The team’s work included advice on the structuring the funds, drafting the bid documents, the governing documents of the funds and an application for a tax ruling. 

The deal was led by partners Tal Dror Schwimmer, Head of the Investment Funds Department, Adam Eytan,   Head of the Commercial Departmen and Associate Limor Shechter.

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