IBI Investment House Ltd. and Africa-Israel Hotels create first-of-its-kind hospitality fund in Israel with NIS 1.2 billion asset value
IBI Investment House Ltd. has joined forces with Africa-Israel Hotels to form a large-scale, first-of-its-kind hospitality fund in Israel with a total asset value of approximately NIS 1.2 billion.
This deal is widely considered groundbreaking in the hospitality and private equity fund sectors in Israel.
Shibolet partner Ram Spektor, co-lead of the firm’s Fund Formation practice, represented IBI Investment House in this ground-breaking deal.