Asset Manager

Updated:

Kenlov Capital

Olivier Koenig's Kenlov Capital co-develops US utility-scale solar through the Ashtrom JV and acquires Israeli financial-services platforms.

Kenlov Capital logo

Kenlov Capital

Kenlov Capital focuses on global investment themes, particularly around sustainability and innovation.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Middle East

Country

Israel

City

Corporate office

Israel

Principals

Olivier Koenig

Founder and Executive Chairman

Yossi Gvura

CEO, Kenlov Renewable Energy

Sector focus

Energy Transition & RenewablesInfrastructureFinancial Services

Frequently asked questions

Who runs investment decisions at Kenlov Capital?

Oliver Koenig, as Founder and Executive Chairman, oversees the platform's investment strategy across both renewable energy and financial-services verticals. Yossi Gvura leads the Kenlov Renewable Energy subsidiary as CEO, a role he assumed in 2022. Gvura's operational authority is concentrated on the energy development pipeline, drawing on his prior experience as deputy CEO of Delek Drilling.

How does Kenlov structure its renewable energy investments?

Kenlov does not invest through a conventional blind-pool fund. It forms project-specific joint ventures and co-development agreements — the most significant being KARE LLC, a partnership with Israel's Ashtrom Group. Through KARE, the firm develops US utility-scale solar projects, taking an active development role rather than buying operating assets from third parties. Developer partners such as OnPeak Power participate in individual projects, creating a flexible, deal-by-deal capital structure.

Does Kenlov operate exclusively in renewable energy?

No. Kenlov Capital has an additional, distinct track record in Israeli financial-services acquisitions. The firm partnered with Rani Zim and Yohan Kadoche to purchase asset-management operations from Psagot Investment House via the Value Capital vehicle. This places Kenlov in the relatively uncommon camp of investment platforms that combine hard-asset energy development with regulated financial-services buyouts.

What is Kenlov's geographic footprint?

Kenlov Renewable Energy's active development pipeline spans the United States and Greece. US projects are concentrated in Texas and Idaho, including the Rolling Sun Project in Bushland, Texas, and a broader Texas Solar Portfolio. The Greek Renewables Pipeline extends the firm's European presence. The financial-services investment activity is concentrated in Israel.

How is Kenlov Capital related to Kenlov Renewable Energy?

Kenlov Renewable Energy is the clean-energy operating subsidiary of the Kenlov Capital platform. Olivier Koenig serves as Executive Chairman of both entities, while Yossi Gvura holds the CEO role at the renewable energy subsidiary. The platform's other investment activities — including the Psagot acquisition — are conducted outside the renewable energy subsidiary structure.

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