From Quiver Quantitative:

Hedge-fund billionaire Bill Ackman and his designer wife, Neri Oxman, have invested $27 million in the Tel Aviv Stock Exchange, acquiring a 4.9% stake as part of a broader $64.4 million share offering. Ackman’s investment is consistent with his recent engagement with Israeli interests. TASE plans to use the funds to invest in its technology infrastructure, making it more attractive for global investment, reflecting a broader trend of high-profile investors recognizing the potential of emerging financial markets like TASE. This could usher in a new era of growth and innovation in the Israeli financial sector.



Read more: Bill Ackman Strategic Investment in Tel Aviv Stock Exchange