Beresheit Investment Fund LP (Manof I)

Private Equity Fund

Fully invested

Tech Verticals Preferences

Defense Tech, Military

General Data

Management Company:	Beresheit General Partner Ltd.
Vintage Year	2009
Current Active Portfolio Companies:	11
Reg. Number:	abCDe

DESCRIPTION

Beresheit Fund was established as part of the government stimulus plan to address the freeze in the Israeli credit markets during the global financial crisis of 2008. The fund’s objective is to partake in corporate restructuring or to provide financing to companies, allowing them to refinance existing debt. Beresheit Fund is a private equity fund that invests through various instruments, among others: debt placements, mezzanine investments and equity positions.

CONTACT INFO

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Main Address: Tel Aviv, Israel

Address	2 Weizmann St.
City	Tel Aviv
Country	Israel
Zip	6423902

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Dr. Imanuel Wasserman	Managing Partner & Co-Founder

	CAPITAL RAISED

Date

Amount

Jan. 01, 2009

abCDe

Limited Partners	Type	Amount	Remarks
abC Defghij*	Private Equity Fund	abCDe
abC Defghij	Private Equity Fund	abCDe	1%
abC Defghij	Provident Fund	abCDe	6.5%
abC Defghij	Provident Fund	abCDe	9.9%
abC Defghij	Institutional Investor	abCDe	12.2%
abC Defghij	Institutional Investor	abCDe	5.9%
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe	5.9%
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe	NIS450m
abC Defghij	Institutional Investor	abCDe	NIS120m
abC Defghij	Institutional Investor	abCDe
abC Defghij	Investment Company	abCDe	9.9%
abC Defghij	Government Agency	abCDe	25%

Investment Data

Managed Capital	abCDe
Capital Remarks	25% of the amount was committed by the Israeli government; the remaining 75% of the fund was committed by Israeli institutional investors and the fund's team of general partners.

Preferences

Type of Financing	Bridge Loans,Equity,Loans - Convertible,Loans - Straight,Mezzanine,Turnaround,Venture Lending
Stage Preferences	Revenue Growth

SECTOR SEGMENTATION (By Number Of Companies)

Network Infrastructure

100%

	PORTFOLIO COMPANIES

Current Portfolio Companies (11)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Agmon

N/A

Mezzanine

07/12/2010

$33m

Interest bearing loan secured by second lien of Delek Automotive Systems' shares.

Ashtrom

N/A

Turnaround

22/12/2011

$27m

NIS100m in a form of loan

Aspen Group

N/A

Straight Equity

24/03/2011

$10m

Beresheit received 11.2% of the company's shares.

Cargal

N/A

Straight Equity	14/12/2011	$6.5m	$6.5m	NIS50m of which NIS 25m in a form of convertible loan & NIS 25m equity investment
Turnaround	14/12/2011	$6.5m	$6.5m	NIS50m of which NIS 25m in a form of convertible loan & NIS 25m equity investment

Dorea

N/A

Distressed Debt

01/03/2010

$28m

N/A

7.5% interest+company and subsidiary options, 6 year loan in amount of $28m.

Eldan Transportation

N/A

Turnaround	01/04/2013	$4.2m	$4.2m	Follow-on loan in amount of NIS 15m
Distressed Debt	18/01/2010	$32m	N/A	6 year loan in amount of $32m

Hachsharat Hayishuv

N/A

Distressed Debt

30/06/2009

$28m

N/A

7.5% interest 5 year loan in amount of $28m

Home Center

N/A

Straight Equity

29/06/2010

$13m

10.37% of the company's shares with a Put option bearing 7.5% interest

Israel Petrochemical Enterprises

N/A

Turnaround

20/06/2012

$31m

A bridge loan in amount of NIS120m

Kardan Financial Services

N/A

Distressed Debt

01/08/2009

$27m

N/A

7.5% interest loan and company options for $27m

Nissan Medical

N/A

Turnaround	20/12/2012	$3.5m	$3.5m	Follow-on loan in amount of NIS 13m
Distressed Debt	01/12/2009	$13m	N/A	7% interest loan for investments and debt recycling in amount of $13m

Current VC Fund Portfolio (1)

Fund Name

Fund Type

Date Announced

Amount

Remarks

Beresheit Fund...

Private Equity Fund

01/01/2009

N/A

Exits (10)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	Acquired	01/09/2023	abCDe	NIS 487m
abC Defghij	Acquired	20/02/2019	abCDe	NIS 842m
abC Defghij	IPO	19/06/2017	abCDe	09/2019: Delisted following acquisition by RAFAEL and Avichai Stolero.
abC Defghij	Acquired	09/01/2014	abCDe
abC Defghij	Acquired	14/11/2019	abCDe	Cash ($324m) & Shares
abC Defghij (Traditional Industry)	Holdings Sold	10/10/2016	abCDe
abC Defghij (Services)	Holdings Sold	09/07/2017	abCDe
abC Defghij (Services)	IPO	27/02/2014	abCDe
abC Defghij (Traditional Industry)	Holdings Sold	03/08/2016	abCDe
abC Defghij (Services)	Acquired	27/04/2021	abCDe

Last Updated:	abCDe
IVC Number:	abCDe