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| Shamrock began its business activities in Israel in the mid 1980s when it formed a joint venture for one of its portfolio companies with Kibbutz Hatzor. |
| Over the past 18 years the Shamrock Group has become one of Israel's largest and most successful private foreign investors. Shamrock has focused its Israeli investment activities on late-stage transactions such as direct equity investments, purchases of significant positions in publicly traded companies, privatizations, and spin-offs in established sectors such as media and communications, manufacturing, energy,
automotive parts
and defense. These investments have generated an IRR of over 30%. |
| The Shamrock Group's senior Israeli investment team is one of the most experienced and recognized private equity investment teams in Israel. Stanley Gold, Robert Moskowitz and Michael Geiger have been together for all 17 years and have extensive board-level experience working with management teams to improve portfolio companies' operations, determine strategic direction and execute successful exits. |
| Past investments in Israel include Tadiran Communications, Koor Industries, Matav Cable Systems, Tel-Ad Jerusalem Studios, Dor Energy and Pelephone Communications. |
| We strongly believe that Israel provides attractive investment opportunities and that the fundamentals that made Israel attractive in the past endure today: |
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Israel's highly educated work force with relatively lower wages |
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The trend towards increasing privatization |
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Supportive government policies such as tax incentives and pension fund reforms |
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Preferential trade arrangements with the United States, the European Union and the European Free Trade Association (E.F.T.A.) together with growing economic and political relationships in Central and Eastern Europe, India and China |
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A stable macroeconomic environment with disciplined fiscal and monetary policies |
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A modern, industrialized economy with a well-developed legal and accounting structure |