New Israeli Private Equity, Eucalyptus to raise $300 million fund

Dadi Perlmutter, Rami Hadar and Tamir-Fishman have formed a partnership and plan to raise $300 million for a late stage investment firm named Eucalyptus Growth Capital.

Eucalyptus Growth Capital will  focus on investing and helping late stage Israeli companies grow their business, penetrate international markets and achieve successful IPO’s.

As part of their growth while creating revenues in the $100Ms. Investment focus will be on companies with experienced management teams that have developed disruptive technologies and can become world leaders in the new Digital Revolution. The founding partners plan on taking proactive board seats, leveraging their personal experience to help the companies grow and maximize shareholder value.

An important part of Eucalyptus strategy is the assembly of an advisory board with world class industry leaders to help portfolio companies scale and penetrate international markets.An important part of Eucalyptus strategy is the assembly of an advisory board with world class industry leaders to help portfolio companies scale and penetrate international markets. The advisory board will be: Paul Otellini former CEO of Intel and Google board member, Atiq Raza former President and COO of AMD, Irwin Federman General Partner USVP, Eyal Waldman CEO of Mellanox Technologies Ltd. (Nasdaq:MLNX) and Yonel Cohen former CEO of Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL)
Dadi Perlmutter served as an executive vice president and general manager of the Intel Architecture Group (IAG), and Chief Product Officer of Intel Corporation. During this period (2009-2013), he was responsible for the business and development of Intel’s platform solutions for all computing and communication segments covering data centers, desktops, laptops, handhelds, embedded devices and wireless communication that generated sales growth from $34B to $52B and made acquisitions that totaled $2.4B. Prior to this role for 29 years, Dadi held various management and technology positions at Intel and was directly responsible for developing several of Intel’s major products, businesses and technologies that impacted its business and transformed industries.

Rami Hadar is the former CEO of Allot [NASDAQ: ALLT]. During his 8 years in Allot, Rami grew the company’s sales to over $100M, made three acquisitions and led its public offering in NASDAQ. In 2012 the company reached over $900M valuation. Before Allot, Rami was the CEO of two other Israeli companies with successful exits; CTP which was acquired by DSPC [NASDAQ: DSPC] and Native Networks acquired by Alcatel [NASDAQ: ALU]. Rami was also a cofounder and board member at Combox acquired by Terayon [NASDAQ: TERN].

Eldad Tamir is the founder & CEO of the Tamir Fishman Group, which today manages over NIS 16 billion in different asset classes, and he is one of Israel’s leading economic public figures. He has over 25 years of experience in investments, investment banking and venture capital. Tamir was the sole founder and partner at all TF VC funds that have created some of Israel’s greatest companies and exits, including companies such as Chromatis, Allot, Modem Art, Copergate, Radware and many others. Prior to that, he was the EVP of the Evergreen Group & Venture Funds, executive in Clal Holdings and as an analyst at one of Israel’s first ever venture funds.

Managing partner Dadi perlmutter said, “There is a large funnel of Israeli companies with sales over $10M that can grow to be billion dollar companies in sales and multi $B in value. But they need appropriate funding, long term strategy and experienced guidance in order to achieve their full potential, rather than sell out at an early stage. We plan to work with the right teams and companies and help them grow. Our mission is to maximize investors’ returns and help build more very large companies like Teva and Checkpoint and others.”