About
SKY Fund is a mid-market Israeli private equity fund. The Fund aims to achieve substantial capital appreciation and current income, principally by taking advantage of investment opportunities in middle-market Israeli or Israel-related companies. SKY was founded on the premise that the achievement of superior risk-adjusted returns requires the application of both proven management skills and sophisticated financial expertise. The fund's operational, financial and transactional experience along with a thorough understanding of local market dynamics, enable it to achieve attractive high long term returns, with relatively low risk. This know-how is complemented by industry-wide contacts, allowing it to create outstanding deal flow. Sky seeks investment opportunities in promising mid-market companies, where it can achieve significant influence to lead value creation process, as new hands-on owners. The firm believes that its investment, along with its strategic perspective and effective decision making, can be translated into successful expansion, both through organic growth and via M&A, together with improved operational efficiency. SKY Fund currently manage over $800 million in capital in four funds, raised mainly from institutional investors in Israel and abroad.
Portfolio
Investor Intelligence Q&A
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- What is Sky Fund's primary focus as an investment firm?
- Sky Fund is a mid-market Israeli private equity fund that aims to achieve substantial capital appreciation and current income by investing in middle-market Israeli or Israel-related companies.
- How much capital does Sky Fund currently manage?
- Sky Fund currently manages over $800 million in capital across four funds.
- When was Sky Fund founded?
- Sky Fund was founded in 2005.
- What is a notable recent development for Sky Fund's IT arm?
- In February 2024, Bank Leumi became a partner in Sky Fund's IT arm, which reportedly doubled its valuation.
- Which fund did Sky Fund close in January 2022?
- In January 2022, Sky Fund closed its fourth fund, raising $350 million.
- What are some of the sectors Sky Fund has invested in?
- Sky Fund has invested in sectors including medical technologies, medical devices, and industrial technologies. An example of a portfolio company is AIO Systems in Industrial Technologies.
- Has Sky Fund made any significant acquisitions in recent years?
- Yes, Sky Fund acquired Aztek Technologies in September 2019 and bought control of AL Filter in November 2017.
- What was a notable exit attempt by Sky Fund in 2019?
- In June 2019, Sky Fund was looking to sell Groupon Israel for NIS 100 Million.
- Who are the founders of Sky Fund?
- The founders of Sky Fund are Nir Dagan and Zvi Yochman.