ISF provides secondary liquidity to Israel’s entire technology ecosystem. We purchase shares in start-ups from investors, founders and employees, acquire investor’s LP interests in VC funds and develop creative liquidity solutions for funds.

ISF is leading the Israeli secondary market and serves as an essential building block to the long-term growth of the entire Israeli tech industry.


Our Representatives

Dror Glass

Founder & Managing Par..., Israel Secondary Fund

Founder & Managing Partner

Israel Secondary Fund

Since 2008, ISF has completed over 70 transactions in private tech companies and venture funds. Our expertise lies in devising creative secondary models which align the interests of all stakeholders. ISF works tirelessly to provide founders, management, LP’s and investors with tailor-made plans of incentives & liquidity.

ISF provides secondary liquidity to Israel’s entire technology ecosystem. We purchase shares in start-ups from investors, founders and employees, acquire investor’s LP interests in VC funds and develop creative liquidity solutions for funds. ISF is leading the Israeli secondary market and serves as an essential building block to the long-term growth of the entire Israeli tech industry.

Limited Partners Positions

ISF acquires LP interests in Israel-related VC & PE funds with diversified portfolios. We tailor the transaction to suit the requirements of the sellers and assume remaining future capital commitments. Together with our international partners, we are able to commit to any transaction size.

Direct Secondaries

ISF acquires shares in Israel-related private companies and portfolios. Sellers include funds, investors, founders, management, and employees. Our focus within direct secondary transactions is directed towards acquiring shares, warrants, or other financial instruments in growth tech companies with a deal size above $1 million. After we acquire a position, ISF may increase its position in additional secondary transactions and participate in future rounds together with primary investors.

Structured Secondaries/ GP Led Secondaries

To extend the full potential of VC funds, ISF provides customized solutions to benefit both GPs and existing LPs. By adding capital or restructuring existing Funds, ISF creates opportunities for GP’s and Limited Partners seeking to reduce risk through partial or full realization of their positions. ISF, together with our LPs and co-investors can complete any size of the transaction.