New Israel-China equity fund to support innovationFeb. 14, 2016
As China rings in the Year of the Monkey this month, the ever-growing China-Israel bond just got $200 million stronger via investors in the Catalyst CEL Fund, the first dedicated Israel-China private equity fund.
Catalyst CEL is a partnership between Tel Aviv-based multi-fund firm Catalyst Private Equityand China Everbright Limited (CEL) of Hong Kong.
“Our vision is to support the growth of innovative Israeli companies across a variety of industries and the establishment of their activities in China, a global growth market,” said Yair Shamir, cofounder and managing partner of Catalyst and managing partner of Catalyst CEL Fund.
Shamir and Catalyst partners Edouard Cukierman, Alain Dobkin, Boaz Harel, Dorothee Moshevich and Olga Bermantare focusing onmature companies with proven game-changing products and a global presence in sectors such as manufacturing, agriculture, healthcare, water, energy, technology, media and telecommunication.
“For example, if we find an interestingagri-tech company that has a unique food safety solution, we will look at it,” says Shamir, who was Israel’s minister of agriculture from 2013 until 2015 and chaired companies including Israel Aerospace Industries and El Al, Israel’s national airline.
“Equally, we might look at awater-tech company whose technology improves quality of lifein urban areas by providing better access to fresh water. We are looking for real game-changers that will have significant impact,”Shamir tells ISRAEL21c.
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