Israel Investment Partners (IIP) Sets $500 Million Limit On Oversubscribed Debut Fund
TEL AVIV, Israel--(BUSINESS WIRE)--Jun 4, 2019--
Israel Investment Partners (IIP) is an employee owned private equity firm focused on opportunistic value-based investing. Established to facilitated foreign investments in Israel, in union with the Prime Minister’s office and the Ministry of Economy and Industry, to continuously improve international business relations, to further secure foreign investment and partnerships. The firms debut fund, IIP I, was initially targeting $350 million for its final close, but has now set a $500 million limit due to being oversubscribed.
IIP seeks to invest in established businesses primarily in Israel, comprised of hard assets with leading market positions, in the following sectors; agriculture, communications, defense, electric utilities, energy & natural resources, financial services, life sciences, real estate & construction, power & renewables, technology, transportation, waste management and water.
Israel Investment Partners (IIP) has assembled a team of highly experienced investment professionals with over 115 years of combined industry experience and strong ties to government in Israel, Mexico, and China. The firm was founded by managing partners, Dr. Simón Levy-Dabbah and O.D. Kobo.
Prior to establishing IIP, Dr. Simón Levy-Dabbah, PhD, held several positions in public office and was the Undersecretary of Planning and Tourism for Mexico, working closely with President Andrés Manuel López Obrador. Dr. Levy-Dabbah had also led the World Academy of Medical Sciences (WAMS) as Chief Resilience Officer and is also the Chairman of the WAMS Economic Development for Urbanization, Public Policy, and Value Creation Division. Dr. Levy-Dabbah has worked for the Agency for the International Development of the United States in the Mexican Diplomatic Mission. He collaborated with the World Bank, where he took part in the Global Forum of Corporate Governance, organized by the International Institute of Corporate Governance.
O.D. Kobo is a private equity investment professional, with nearly twenty-years of experience in investment management, private equity, value creation and fund strategies. Mr. Kobo maintains a significant network of relationships across Asia, Europe, and the Middle East. Prior to establishing Israel Investment Partners (IIP), Mr. Kobo co-founded PIR Equities (formerly 2C3i Capital) in 2007 with Joseph Aaron Horowitz, a London-based boutique private equity firm. During his tenure, PIR Equities raised $1.4 billion across three funds ( the most recent December 2018, PIR III, $312 million ), and deployed fund-level equity across 21 portfolio companies from 2007-2018. In addition, Mr. Kobo was responsible for forming long lasting partnerships with some of the world’s most sophisticated business leaders including, Sheikh Hamad bin Jassim Al Thani (the former Prime Minister of Qatar), the Qatar Investment Authority (QIA), Jack Ma of Alibaba, Roman Abramovich of Millhouse Capital, amongst others. Mr. Kobo was an executive director at UK property conglomerate Camden Market Holdings (2004-2014) as well as structured its sale in 2014 of $680 million.
For further information, please visit www.iip.co.il
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CONTACT: Amichai Blashkovsky
KEYWORD: UNITED KINGDOM EUROPE MIDDLE EAST ISRAEL
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: Israel Investment Partners
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PUB: 06/04/2019 05:38 AM/DISC: 06/04/2019 05:38 AM