Ibex Closes on $40M Israel-focused Secondary Fund

US-based multi-strategy investment firm Ibex Investors announced the $40M closing of its Ibex Israel Secondary LP, and the launch of Ibex Israel Public-Only LP, the firm’s first open-ended strategy focused exclusively on Israeli publicly-listed equities.

Ibex continues to expand its presence in Israel with the launch of these two new funds, which follow the successful $106M early-stage fund raised earlier this year. The firm also raised $100M for its first early-stage fund in 2020 and has raised $425M to date for its evergreen hybrid public/private Israel Fund launched in 2012. The new Ibex Israel Secondary fund aims to purchase secondary stakes in successful private growth companies directly from funds, employees, and companies located in the country.

The investment firm partners with Israeli companies from pre-seed to post-IPO. Ibex combines operational expertise with a focus on both private and public markets in supporting founders and portfolio companies. Ibex has made more than 50 investments in Israel including backing firms such as Weka, BeamUp, Appwrite, Honeycomb, and Groundwork.