hedge fund Third Point LLC, announced it has opened an office in Tel Aviv

hedge fund Third Point LLC, announced today that it has opened an office in Tel Aviv, with the aim of expanding the company's geographic distribution to the Middle East as well and strengthening TPV's commitment to the Israeli venture capital ecosystem.
TPV is jointly managed by Daniel (Dan) Loeb and Robert Schwartz. Schwartz led the firm's venture capital investments for 22 years, and was a trustee of TPV's previous investments in Israeli startups. TPV has recently raised dedicated capital in independent funds that will allow the company to increase its operations in Israel and lead investment rounds in additional Israeli companies, mainly in rounds A or B, in its core areas: Cyber ​​Security, Enterprise Software and Data infrastructure. .
The new office in Tel Aviv will be managed by Sapir Harush, who joined TPV from the Israeli Pitango fund at the beginning of the year. During her activity at Pitango Harush, she was a partner in over 20 investments in early-stage technology start-ups.
Third Point Ventures offers companies capital at a relatively early stage, in addition to practical support throughout the entire life cycle of the investment, from the validation stage, through the growth stages to the IPO, while leveraging the resources and extensive experience of the Third Point hedge fund. The fund's venture capital team, which consists of engineers, leads fundraising rounds, joins the companies' board of directors, and assists the fund's portfolio companies along their entire trajectory.