U

Klirmark Capital

Investor Israel Founded 2006
Last Update Jan 4, 2024

Klirmark Capital News

1 article
Jul 31, 2023 · www.calcalistech.com
Growth-Positive
Institutional investors move over $8 billion out of Israel in first six months of 2023 | CTech
Klirmark Capital has raised NIS 2.7 billion ($730 million) from Israeli institutions for investment in struggling companies amid the countrys political unrest and economic instability. This is the largest amount raised in the Israeli market based solely on local investors. Major insurance companies and investment funds have transferred about NIS 30 billion ($8.1 billion) outside of Israel during the first half of the year due to underperformance of the local stock market. Klirmarks new fund will mainly focus on the debt of distressed companies rather than acquiring them.
Investment