Private Equity And Venture Capital Funds Put Money To Work In Israel

A total of 93 local and foreign equity funds are operating in the investment field in Israel. These funds raised a total of $2.1 billion in 1997. Of this amount, $1.2 billion has already been invested in various companies in Israel. Venture capital funds that invest in high tech companies only, still have on hand $740 million of the $2.1 billion raised. If you have a good idea, now may be the time to approach one of these firms. During 1997 22 Israeli high tech companies sold shares in public offerings in the United States. They raised $743 million from these offerings. In 1996 31 I