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December 7, 2009

Markstone fraud puts legitimacy of Israel funds into question

When back in 2004 Elliott Broidy, Ron Lubash and Amir Kess announced that they\’d raised $800 million for Markstone, a private equity fund they\’d founded exclusively to invest in Israel, jaws dropped. Theirs wasn\’t the first private equity fund in Israel, but Markstone had funding several times larger than anybody else. The amount was almost too big to believe.

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More news and opinions than at a Shabbat dinner, right in your inbox.

More news and opinions than at a Shabbat dinner, right in your inbox.