Unregulated Israel hedge funds face battle for AIFMD compliance

Industry keen to find Europe-based platforms for growing Israeli funds to use

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When one thinks of Israel, and the strides of economic progress that it has made in the face of considerable adversity in the past 15 years or so, one brings to mind its high-tech sector and its world-leading contributions to agriculture and pharmacology, rather than ask what its hedge fund industry might look like.

Actually, that impression is misconceived, for two reasons. First, those strides of progress have generated a substantial high-net-worth sector, looking to do more exciting things wi