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Tzava Hakeva Savings Fund – Provident Funds Management Company Ltd. operates as a specialized financial entity in Israel, primarily managing a dedicated education fund. The company provides comprehensive financial oversight and administration, encompassing meticulous asset management and regulatory compliance specifically tailored for this unique savings vehicle.
Established as a fully controlled subsidiary of Harel Insurance Investments & Financial Services Ltd., the company’s inception reflects a strategic move to serve a distinct demographic. Its creation was driven by the recognized need for a robust financial mechanism to support Israeli career soldiers and pensioners, leveraging Harel's broader expertise in financial services.
The primary beneficiaries of Tzava Hakeva Savings Fund are active and retired members of the Israel Defense Forces, encompassing career soldiers and pensioners. The company's vision centers on empowering this critical segment by ensuring the secure and effective management of their educational savings, fostering long-term financial stability for their continued development.
Tzava Hakeva Savings Fund - Provident Fund Management Company has 1 tracked investment across 1 company. The latest tracked deal is $200.0M Other Equity in Innoviz Technologies in December 2020.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 10, 2020 | Innoviz Technologies | $200.0M Other Equity | Antara Capital | Jonathan Sherman, Omer David Keilaf, Oren Buskila, Oren Rosenzweig, TIM Saunders, Wilson Kello, Zohar Zisapel, 2702933 Ontario, 2802932 Ontario, Amiti Ventures, Atidit Pension Fund, Champel Capital, Delek Motors, FCPI, Glory Ventures, GWW, Harel Insurance Investments & Financial Services, Integrated Dynamic Enterprises A, Lomsha, Magma Venture Partners, Perception Capital, Robolution Capital, Shipwright Spac I, Sino BLR Capital Management, Softbank Ventures Asia, The Linton Family Trust, The Phoenix Insurance Company, Vertex Ventures Israel |