ISF Israel Secondary Fund

Big 4 CPAs — looking for your next challenge? Israel Secondary Fund (ISF), Israel’s leading secondary fund with over $500M AUM, is hiring an Assistant Controller to join our finance team. If you're 2–4 years into your career, eager to transition from audit to a fast-paced, hands-on role in VC/PE — this is your opportunity. - Broaden your skill set beyond traditional finance roles - Direct exposure to the VC/PE ecosystem and decision-makers - Work closely with our CFO and Fund Controller - A role with growth potential and learning opportunities - Flexibility: Full-time or part-time for the right candidate We're looking for someone smart, sharp, and motivated to wear multiple hats and grow with us. Apply now or reach out directly to eva@israelsecondary.com. We’re #hiring. Know anyone who might be interested? #VCJobs #Big4Alumni #CPAJobs

To keep billions flowing into startups, you’ve got to return multiple billions every year. Period. Secondaries get that done without forcing early exits on the biggest winners. Our LP-whisperer Eva Hubsman makes this case in a new CTech by Calcalist op-ed. High-profile secondaries at Armis, Cato Networks, and DriveNets have shown that employee and founder liquidity can and should be regular parts of a company’s journey. But LP liquidity has been left out of the conversation. When LP distributions are delayed, every stakeholder eventually feels the strain. With fund timelines now stretching 15-20 years, tools like secondaries and continuation funds for LPs deserve a seat at the table. Read the full piece: https://lnkd.in/dibKN33k

The idea that secondaries must tag along with a funding round is outdated and holding companies back. At ISF, we see a different playbook: → Secondaries used proactively. → Structured based on business fundamentals. → Built to solve real-world needs, not piggyback off investor timelines. You don’t need a raise. You just need a reason. And the right secondary partner to execute. Read Nir Linchevski’s latest article in our Myth Busters series ⬇️

We are looking for a motivated analyst to join our team. This is a rare opportunity for someone early in their career to sit at the intersection of data, technology, and private markets, helping shape how liquidity gets unlocked across Israeli tech. At ISF, we support founders, employees, VCs, and LPs with creative secondary solutions. Behind every deal is a deep commitment to data-driven decision making. The role is hands-on and part of a small team that moves fast. You’ll work closely with decision-makers, see how real investment decisions get made, and contribute to the tools and insights that help drive them. If you're analytical, curious, and excited to dive into the world of tech and investing - we’d love to hear from you. Full JD below 👇

Smart, stakeholder-aligned liquidity has always had a place in venture, and the market is finally catching up. In this TheMarker piece, they give a clear breakdown on the rise of secondary deals in Israeli tech: what’s driving them, who’s doing them, and why they’re no longer the exception. Featuring our Founding Partner, Dror Glass, who gives insight into the changing dynamics behind the trend, including fewer exits, longer timelines, and rising economic and geopolitical uncertainty. Worth a read! https://lnkd.in/diReCiPd

Each LP interest tells a unique story - multiple companies at different stages, unfunded commitments, and GP relationships that shape the entire process. With LP secondary transactions growing (and for good reason), our partner and LP Whisperer Eva Hubsman talks about how we can be smarter about this opportunity, including: → What makes LP interests uniquely complex to value  → Why market knowledge beats generic discount formulas → Key parameters LPs should define before pursuing secondaries → How to evaluate potential secondary partners Today's liquidity environment rewards those who understand the nuances. Give it a read ⬇️

Secondary sales: distress signal or strategic move? In Myth #2 of our Mythbusters series, Nir Linchevski tackles the misconception that secondary transactions signal company trouble. His verdict: When done right, secondaries aren't just neutral, they're often a necessary step toward building a billion-dollar company. In it, he explores: ➡️ The similarities between secondaries and Formula 1 pit stops ➡️ Why VCs are often the ones encouraging founder secondaries ➡️ How a secondary can strengthen a founder's drive for that billion(s) dollar exit, remove unnecessary friction between investors, and retain the energy of first employees Give it a read below ⬇️

“Our financial infrastructure in Israel must evolve to support this next stage of Israel’s tech maturity - one where the real value is often created through independence and patience.” In this CTech by Calcalist op-ed, our Partner Ophir Reshef explores why our evolution from "Startup Nation" to "Scaleup Nation" amidst the current market dynamics requires a fundamental shift in exit strategies. Through local examples like Wiz's recent $32B exit (compared to Wix's $650M IPO a decade ago), he demonstrates why Israeli companies and VCs often need financial mechanisms that allow founders to resist premature exits and capture their full value potential. Give it a read! https://lnkd.in/gXPiFpdv

As we gather to celebrate Pesach, we're thankful for growth - in our team, our partnerships, and the opportunities ahead. From our expanding ISF family to yours: Chag Pesach Sameach! 🍷

Too many LPs view secondaries as the 'fire hydrant' in their toolkit. Aware of its existence but something to turn to only in emergencies. However, a new reality of venture capital has emerged, one where 10-year funds naturally extend to 15-20 years. While this reflects our maturing tech ecosystem, it also creates a dynamic where LPs hold significant paper gains but limited actual returns for a long, long time. This new reality needs an updated approach. In this piece, our Partner, Eva Hubsman, explores why secondaries should be viewed as a strategic portfolio tool that belongs in every sophisticated LP's toolkit. She covers: ➡️ The patience premium: Is waiting an extra 5-10 years worth that additional X return? ➡️ Why waiting for full distributions might mean missing your next best investment ➡️ Some practical ways LPs can think about secondaries beyond emergencies LP, VC, Tech Ecosystem player? Give it a read! ⬇️