PrivatEquity.biz, an Israeli company launched a few months ago which offers an Internet trading platform that connects companies, investors and stocks holders, is expanding its operations into Great Britain with its Broker Dealer program.
Now the world will see if startup nation can succeed at innovation in the world of finance as much as it does in the world of high tech.
The firm has announced that it is now offering private and institutional investment managers in the UK the opportunity to establish in-house VCs which invest in the secondary market in Israel, focusing on growing private Israeli hi-tech companies. The company is negotiating with a number of UK-based entities in order to establish its extension in London.
London, PrivatEquity.Biz points out, has been classed as the second most important financial center in the world. England will be joined by Germany as the first two countries where the firm will operate outside of Israel
The company is inviting investment managers there that manage over $2 million to join the “broker-dealer” program, which enables the creation of an innovative long term profit center in the secondary market, and the establishment of in-house VCs for investment in securities held by hi-tech entrepreneurs and hi-tech employees in Israel. The program is designed for investment managers and financial consultants, family offices, private banking entities, large and small investment houses, pension consultants and insurance agents.
As part of the Bbroker-Dealer program, PrivatEquity.biz will enable UK-based investment managers who meet the criteria to offer their clients a direct approach to long term investments in a diverse portfolio of growing private Israeli technology companies and private securities offered by entrepreneurs, employees and former employees in the hi-tech industry.
Along with the Broker-Dealer program, PrivatEquity.biz is launching the Barometer program for UK institutional entities interested in investing in a wide variety of private hi-tech companies in the secondary market, with a focus on Israeli companies.
Oren Harel, Chairman of PrivatEquity.biz, said in a press release, “The hi-tech industry is flourishing in Israel, and it has sprouted thousands of start-up companies, many of which are issued or sold to corporations. This industry has yielded countless breakthrough technologies – from the disk-on-key, through Intel processors, and up to the firewall. Therefore, private Israeli high-tech companies are an extraordinary investment opportunity for UK investors.”