# Gilad Pension Fund

Gilad Pension Fund is a Pension Fund based in Bnei Brak, Israel.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Bnei Brak, Israel
- **Region:** Middle East
- **Address:** Migdal Kashret HaYishuv (25th floor), Jabotinsky 9 Bnei Brak., Ramat Gan, 5126417, Israel
- **Founded:** 1960
- **Assets under management:** 3172.4 (Altss estimate)
- **Website:** gilad-pension.co.il
- **LinkedIn:** https://www.linkedin.com/company/gilad-pension-fund

## Regulatory record

- **Reports private funds:** No

## About

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 the country's largest private power plant, a founding position in Menivim REIT on the Tel Aviv Stock Exchange, limited partner commitments to ALTO Real Estate Funds, Apollo Global Management 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.

## Sectors

- Infrastructure
- Real Estate
- Renewable Energy

## People

- Shaul Yahalom — Chairman of the Board of Directors
- Yoav Armoni — Chief Executive Officer
- Avi Kimhi — Chief Investment Officer

## Questions

### Who runs investment decisions at Gilad Pension Fund?

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

### 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.

## Related profiles

- [Imperial Tobacco Pension Fund](https://altss.com/profile/imperial-tobacco-pension-fund)
- [SME Bank](https://altss.com/profile/sme-bank)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/gilad-pension-fund

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology