Tuesday, November 15, 2005

Disneys launch $125 million fund to invest in Israel

Shamrock Capital Advisors, the California-based investment arm of the Roy Disney family, said yesterday that it is launching a new $125 million fund to invest in Israel over a four-year period.

Investors in the Shamrock Israel Growth Fund will include American and Israeli pension funds, insurance companies and commercial banks. Some of the fund's partners might co-invest additional amounts that would bring the final investment figure higher, Michael Geiger, a managing director of Shamrock, told reporters at a press conference.

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