Infinity Group
The Infinity Group is backed by Israel’s IDB Holding Corp (IDBH. TA) and China Development Bank. Infinity Group manages more than $700 million through nine funds, seven of which are in China and a portfolio of 45 companies.Infinity is headquartered in Tel Aviv with offices in Beijing, Suzhou, Harbin, Shijiazhuang, Changzhou, Ningbo and Tianjin, Shanghai, Hong Kong, and New York. Since 1993, Infinity has made more than 100 investments. Infinity’s funds since 1993 have included the $23 million Nitzanim Fund of 1993, the $90 million Infinity I in 1999, the $64 million Infinity II in 2002, and the $75 million Infinity IDB in 2002.In 2004, the firm partnered with China-Singapore Suzhou Industrial Park Ventures Company Ltd., or CSVC, to establish a $15 million Infinity-CSVC fund. In 2006, the firm established the $300 million Infinity I-China fund, the successor to the Infinity-CSVC fund and its second Israel-China fund.
Read more about this topic: Amir Gal-Or
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