KUWAIT CITY, Feb 8: The High Court acquitted a government employee and a Kuwaiti citizen who were accused of usurping KD 193,000 and participating in a crime, reports Al-Seyassah daily. According to the case file, the Public Prosecution accused one of the defendants, in his capacity as a public empl
Press release content from Business Wire. The AP news staff was not involved in its creation.
Blackstone Hires Israeli Tech Executive Yifat Oron; Announces Opening of New Office in Tel Aviv
April 25, 2021 GMT
NEW YORK & TEL AVIV, Israel (BUSINESS WIRE) Apr 25, 2021
Blackstone (NYSE: BX) announced today that it has hired Yifat Oron, who previously served as CEO of LeumiTech, as a Senior Managing Director and head of the firm’s new office in Tel Aviv, Israel. She will lead Blackstone’s growth and tech investments in Israel for Blackstone Growth (BXG), the firm’s growth equity business, and assist with other investing efforts across the firm. Ms. Oron brings more than twenty years of experience as a tech investor and executive in Israel, with leadership roles in venture capital, banking and consulting.
Shoshanna Solomon is The Times of Israel s Startups and Business reporter
A sign for The Blackstone Group L.P. investment firm in front of its offices, October 15, 2018, in New York. (AP Photo/Mark Lennihan)
Blackstone, a New York City-based investment giant that manages $649 billion in assets, is setting up an office in Tel Aviv to tap into the nation’s growing tech firms.
The office will be run by Yifat Oron, the former CEO of LeumiTech, the tech banking arm of Bank Leumi Le-Israel. As senior managing director and head of Blackstone’s office, Oron will set up a team to vet companies for investment from the US firm’s recently raised, inaugural $4.5 billion growth equity fund Blackstone Growth (BXG).