(Bloomberg) Israel’s small but fast-growing hedge-fund industry is getting a shot in the arm as staff from the nation’s investment houses move across in search of higher pay. Twenty-five funds launched last year as money managers left their old firms and brought clients with them, according to Tzur Management, a Tel Aviv-based firm that tracks the industry. Hedge funds have seen an influx of staff since 2016, when the government capped pay at finance companies such as banks and money managers.
Hedge Funds Lure Israeli Talent as Money Managers Do the Math
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