"Helman-Aldubi" investment house is establishing a public fund to finance urban renewal

The Helman-Aldubi investment house is expanding its investment activity and has signed a partnership agreement, in equal parts, with Divergon for the establishment of a public fund to provide loans to entrepreneurs in the area of ​​urban renewal.
The fund, managed by Manny Ben-Maor, CEO and CEO Chen Levy, will operate under Helman-Aldubi Investment Funds. The fund will provide loans to developers in the area of ​​urban renewal, including developers in the field of building reinforcement, including demolition and reconstruction, as part of the "Tama 38" plan, as well as projects for renewal of buildings called "evacuation construction." The loans to entrepreneurs will be granted for periods of 12 to 36 months, Entrepreneur projects and personal guarantees.
This is the second fund in the field of advanced investments established by the investment house, Helman Aldubi. About a year and a half ago, the investment house launched a non-negotiable public investment fund that invests in consumer credit in the US via P2P platforms, raising more than NIS 340 million in rounds of financing.
Rami Dror, CEO of Helman-Aldubi, said that the fund's establishment implements a strategy for growth in the area of ​​advanced investment funds in general and in the area of ​​advanced investment funds in real estate in Israel in particular.
The Divergon Group was established at the beginning of 2010, in order to identify areas and sectors of investment with high profitability potential, with a special emphasis on investment in real assets.