ISF II closes on $100m

The Israeli fund manager doubles capital gathered for its debut fund.

Israel Secondary Fund has held a final close for ISF II at its target of $100 million. The Israel-focused vehicle purchases stakes in funds, as well as direct holdings in private companies.

The fund’s investor base is made up of family offices and high net worth investors.

ISF I, which gathered half the capital of its successor, has acquired interests in more than 100 private companies.