Investors in the Tel Aviv-based fund include Clal Insurance & Finance, More investment house, and former Bank of Israel governor Jacob Frankel

Affinity Partners, headed by Trump's son-in-law, to invest $150 million for a 15% stake in Shlomo group's car and credit business unit

2022 saw 120 completed IPOs or M&As with a total value of $20.6 billion, down from 261 exits with a total value of $23.6 billion in 2021, according to annual IVC-LeumiTech report