Pension Fund

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Gilad Pension Fund

Gilad Pension Fund was established in 1960 by Shaul Yahalom, who remains Chairman. It originated to serve employees of Bar-Ilan University, Mizrahi Bank,...

Gilad Pension Fund logo

Gilad Pension Fund

Gilad Pension Fund was established in 1960 by Shaul Yahalom, who remains Chairman. It originated to serve employees of Bar-Ilan University, Mizrahi Bank, kibbutzim and private colleges within Israel's religious Zionist community. The fund allocates across buyouts, venture, secondaries and co-investments. Confirmed holdings include a stake in Dalia Power Energies, the country's largest private power plant, a founding position in Menivim REIT on the Tel Aviv Stock Exchange, and limited partner commitments to ALTO Real Estate Funds, Apollo Global Management, i3 Equity Partners and Ogen Social Loan Fund. Geographic reach centers on Israel with additional exposure to the United States. Assets total 3.2 billion USD. The firm maintains its headquarters in the Migdal Kashret HaYishuv tower in Bnei Brak and belongs to the Israeli Institutional Investors Association and Israel Hedge Funds Association. In November 2024 it participated as a speaker at the IHFA 11th Annual Conference. The fund's structure separates the legacy pension vehicle from the newer entity sold to Harel Insurance, preserving distinct governance for the original religious-community mandate.

General information

Firm type

Pension Fund

Year founded

1960

Location

Region

Middle East

Country

Israel

City

Bnei Brak

Corporate office

Migdal Kashret HaYishuv (25th floor), Jabotinsky 9 Bnei Brak., Ramat Gan, 5126417, Israel

Principals

Shaul Yahalom

Chairman of the Board of Directors

Yoav Armoni

Chief Executive Officer

Avi Kimhi

Chief Investment Officer

Sector focus

InfrastructureReal EstateRenewable Energy

Frequently asked questions

Who runs investment decisions at Gilad Pension Fund?

Yoav Armoni serves as CEO and Avi Kimhi as CIO. Shaul Yahalom chairs the board.

Does Gilad Pension Fund participate in fund commitments or only direct deals?

The fund acts as a limited partner in funds and secondaries while holding select direct positions such as Dalia Power Energies.

What investment stages does Gilad Pension Fund typically target?

It covers buyout, growth, early-stage venture, expansion and secondaries according to its documented strategies.

Where does the underlying membership base come from?

The fund serves Bar-Ilan University, Mizrahi Bank, kibbutzim and private colleges tied to the religious Zionist community.

How is Gilad Pension Fund related to Harel Insurance?

Harel purchased the newer pension vehicle; the original fund remains independent with ongoing operational links.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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