Navigation Links
Jerusalem Global Ventures Announces $200 Million Growth Equity Fund
Date:11/29/2007

JERUSALEM, November 29 /PRNewswire/ -- Jerusalem Global Ventures today announced that it will soon be launching JGV Growth Equity Fund, L.P., a $200 million fund. The Fund will invest in private Israeli related technology companies that are on a trajectory to IPO within three years and have a proven business model. First closing is scheduled for April 2008.

Dr. Shlomo Kalish, who founded Jerusalem Global in 1994, notes that, "Unlike the early stage VC investment model, where one expects multiple write-offs for every 'home run', this Fund's business model should produce quicker turnaround of money, lower risk, and more predictable returns." In 2007, Dr. Kalish was the only Israeli in the Top 50 of the Forbes Midas list.

Jerusalem Global currently manages two sector funds launched in 1999. When compared to peers of the same vintage, one of those funds is at the top in terms of both cash distribution and IRR. Jerusalem Global's spokesman said, "We believe the record of the second fund will be as good or better when the remaining portfolio companies are exited."

Dr. Yoseph Linde, who co-managed the prior Funds, commented, "Over the last several years, in the course of making investments for our early-stage VC fund, we were offered numerous opportunities to invest in late-stage technology companies. Although we rejected most of these offers as they did not fit our primarily early stage focus, we did make two such investments resulting in two successful exits. Our portfolio company, Mellanox, which had a successful IPO earlier this year, would be a perfect example of companies we'd fund." Dr. Linde was a successful serial entrepreneur before joining Jerusalem Global Ventures.

The Fund expects to invest $5-20 million in companies which late-stage financing needs of $10-50 million. Dr. Kalish said, "Think of this Fund as a barbell. On one end we have foreign financial institutions that do not have staff on the ground in Israel but have exp
'/>"/>

SOURCE Jerusalem Global Ventures Ltd.
Copyright©2007 PR Newswire.
All rights reserved

Page: 1 2

Related biology technology :

1. Global Experts Explore Entire Spectrum of Aids Vaccine Development
2. Mindray to Present at Merrill Lynch Global Pharmaceutical, Biotech & Medtech Conference
3. Advanced Life Sciences to Present at 2007 UBS Global Life Sciences Conference
4. Touching 418 Billion Lives, Hepatitis Still Presents Significant Threat to Global Health
5. Touching 418 Million Lives, Hepatitis Still Presents Significant Threat to Global Health
6. Clinsys Clinical Research, Inc. Announces Key Hires, Rajagopalan Srinivasan, Ph.D, to Strengthen Global Biostatistics Service Offering and Christopher Gregory, Ph.D, to Scientific Affairs
7. Jazz Pharmaceuticals to Present at UBS Global Life Sciences Conference
8. A Large-Scale Research Project by a Dutch Consortium Addressing a Global Problem
9. Amicus Therapeutics to Present at the Merrill Lynch Global Pharmaceutical, Biotech & Medtech 2007 Conference
10. Allos Therapeutics to Present at the 2007 UBS Global Life Sciences Conference
11. Merrill Lynch Global Pharmaceutical, Biotech and Medtech Conference to Webcast Millennium Presentation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/22/2014)... (TSXV: BRM) ("Biorem" or "the Company") today announced results for the three ... second quarter financial statements and MD&A have been filed on SEDAR ( ... Six-months ended June 30, ( in CDN$,000 except per share ... 2014 , 2013 Revenue , 2,459 , ... 56 , 1,485 , 385 , ...
(Date:8/22/2014)... University of Surrey have discovered how the receptors responsible ... genes. , The new study, published today in ... activity in turn regulates the cycle of all cells ... that the local biological clock and its control are ... clock in bladder physiology and ageing. , ...
(Date:8/22/2014)... (August 22nd), in the scientific journal PLoS ... establish the effect of serotonin on sensitivity to ... optical techniques., "Serotonin is a small molecule known ... brain functions, from the control of sleep and ... This neurotransmitter is also popularly thought to contribute ...
(Date:8/22/2014)... The first direct observations of how facets form ... towards more sophisticated and effective nanocrystal design and ... describing crystal growth breaks down at the nanoscale. ... (DOE),s Lawrence Berkeley National Laboratory (Berkeley Lab) used ... high-resolution, fast-detection camera to capture the physical ...
Breaking Biology Technology:Biorem Reports 2014 Second Quarter Results 2Biorem Reports 2014 Second Quarter Results 3Treatment for overactive bladder and irritable bowel syndrome advanced through pioneering research 2From happiness to pain: Understanding serotonin's function 2Shaping the future of nanocrystals 2Shaping the future of nanocrystals 3Shaping the future of nanocrystals 4
... an award-winning remote-detection version of NMR/MRI technology with ... microfluidic chips, researchers with the U.S. Department of ... have opened the door to a portable system ... be impractical if not impossible with conventional technologies. ...
... Around the globe, many nations are realizing that the ... say. And because an intentional introduction of bacteria, ... World Organization for Animal Health is issuing a paper ... beginning to think about maintaining international trade needs to ...
... of careful theoretical modeling and precise micro-manufacturing, a team ... of ultra-thin, self-adhesive electronics device that can effectively measure ... activity all without the use of bulky equipment, ... a new class of micro-electronics with a technology that ...
Cached Biology Technology:Berkeley Lab researchers apply NMR/MRI to microfluidic chromatography 2Berkeley Lab researchers apply NMR/MRI to microfluidic chromatography 3Berkeley Lab researchers apply NMR/MRI to microfluidic chromatography 4Global bioterrorism threat analyzed for world animal health office 2Stick-on tattoos go electric 2Stick-on tattoos go electric 3
(Date:8/22/2014)... Calif. Thomson Reuters , a leading source ... researchers at the University of California, Riverside in its ... minds of our times." , To generate the list, ... to identify researchers whose published work has had enormous ... among some 3,200 individuals who published the greatest number ...
(Date:8/22/2014)... Research presented at the 29th Annual International ... by Hera Therapeutics Inc. combats three types of ... percent of all cervical cancer. , When tested ... the replication of HPV-16, HPV-18 and HPV-11 cells, ... Broker, Ph.D., who presented the findings at the ...
(Date:8/22/2014)... is available in French . ... essential nutrients from African soils looming as a major threat ... today finds that over the last five years, 1.7 million ... have rejuvenated 1.6 million hectares and helped them double or ... for a Green Revolution in Africa (AGRA) focuses on intensive ...
Breaking Biology News(10 mins):5 UC Riverside scientists among world's most influential scientific minds 2Effort to confront Africa's soil health crisis helps millions of farmers triple yields 2Effort to confront Africa's soil health crisis helps millions of farmers triple yields 3Effort to confront Africa's soil health crisis helps millions of farmers triple yields 4
... mammalian embryo is one of the most contentious topics ... Hiiragi have new evidence to fuel the ongoing debate. ... showed compelling evidence for the absence of predetermined polarity ... contrast to those who feel that the site of ...
... novel retroviral resistance gene, called FEZ1, that can mediate a ... in cell culture. The researchers found that the high level ... caused a significant block to retroviral infection ?retroviruses were able ... but were excluded from entering the host cell nucleus. , ...
... drug motexafin gadolinium (brand name: Xcytrin, manufactured by Pharmacyclics, ... enzymes involved in cellular metabolism, according to a team ... of biochemistry and molecular biology at the Keck School ... The cellular disruption results in increases in the amount ...
Cached Biology News:USC researchers determine mechanism of action of chemotherapy drug 2