Israel Cleantech Ventures makes first closing at $15-25m

The fund will invest in Israeli or Israeli affiliated companies working in renewable energy, improved electricity production, water, and clean agritech.

Sources inform ''Globes'' that Israel Cleantech Ventures has completed a first closing of $15-25 million. Cleantech Ventures is run by general partner Jack S. Levy and general partner Glen I.A. Schwaber, formerly of Jerusalem Venture Partners (JVP). Schwaber was apparently hired as an answer to comments that the fund’s partners had no experience in venture capital.

Cleantech Ventures was founded 18 months ago to invest in Israeli companies or companies with an affiliation to Israel working in renewable energy, improved electricity production, water and clean agritech.

The third general partner at Israel Cleantech Ventures is Meir Ukeles, who in the past worked with Glen Schwaber at Jerusalem Global Ltd. Ukeles was with investment bank S.G. Cowen from 2000 to 2004.

Published by Globes [online], Israel business news - www.globes.co.il - on January 21, 2007

© Copyright of Globes Publisher Itonut (1983) Ltd. 2007

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017