A New $300M Fund Aims To Take Israeli Startups Public
December 28, 2015 | Eucalyptus Growth Capital, a new investment fund co-managed by Intel’s former Chief Product Officer David Perlmutter, is aiming to raise $300 million to invest in Israeli technology companies with the goal of eventually listing them on the Nasdaq Stock Market. According to Reuters, the fund plans to raise an initial $100-$140 million in the first half of 2016 from investors in the United States, Europe and Asia. In terms of investments, the fund is looking at six companies with sales of over $30 million. Along with Perlmutter, the fund is co-managed by former CEO of Allot Communications Rami Hadar, and CEO of Tamir Fishman Eldad Tamir.