Ibex Investors

Justin Borus is the founder and Chief Investment Officer, leading all investment decisions. He established the firm in 2003 and has built the team and portfolio around his cross-asset approach. The firm operates a centralized investment committee structure under his direction.

Ibex builds direct relationships within the Israeli technology ecosystem, sourcing early-stage and growth companies alongside US enterprise startups. Its concentrated, thematic approach means it writes fewer, higher-conviction checks. The firm leverages Borus's established network across Israeli founders, accelerators, and venture syndicates.

Ibex is neither one nor the other exclusively; it manages a venture capital strategy, a long/short public equity strategy, and a direct real estate portfolio. The venture strategy targets Israeli and US technology companies from seed to pre-IPO. The equity strategy trades liquid technology stocks, while the real estate arm owns commercial property in Denver.

Israel and the United States, with a particular concentration on the Mountain West for direct real estate. The venture portfolio is heavily weighted toward Israeli-founded or Israeli-domiciled startups. US technology investments complement this with market access and liquidity.

Ibex makes direct venture investments and does not publicly market a fund-of-funds allocation. It deploys capital into its own balance-sheet real estate holdings. No external GP stakes or fund-of-funds positions are disclosed.

Ibex does not publicly disclose its total assets under management. The firm's most recent venture fund, Ibex Investors IV, closed at $137 million in 2022. No public regulatory filing yet provides a comprehensive AUM figure.

No associated foundation, donor-advised fund, or philanthropic entity is publicly disclosed. The firm operates as a single investment management entity.