Private Equity

Updated:

New Era Capital Partners

New Era Capital Partners was founded by Gideon Argov, a former CEO of Entegris and longtime operating executive at firms including Parthenon Capital and...

New Era Capital Partners logo

New Era Capital Partners

New Era Capital Partners was founded by Gideon Argov, a former CEO of Entegris and longtime operating executive at firms including Parthenon Capital and Berkshire Partners, where he remains an advisory director. Argov brought on Ran Arad, a former senior advisor to President Shimon Peres who started his finance career at Lehman Brothers, to co-lead the firm. The partnership draws its investment committee and advisory board from alumni of McKinsey, J.P. Morgan, Viola Private Equity, and Berkshire Partners, creating a team built for direct operational intervention rather than passive portfolio monitoring. The firm targets early growth-stage companies from Seed to Series B, writing initial checks between $1 million and $10 million with reserved follow-on capital. Its portfolio spans enterprise software, digital health, mobility, cybersecurity, and climate-adjacent industrial tech. Confirmed positions include Papaya Global (AI-first workforce OS), Optibus (public transit optimization), Variantyx (whole-genome sequencing diagnostics), Workiz (field-service management platform), and Hyliion (electrified commercial powertrains). New Era invests primarily via direct equity and SPVs, with a stated geographic mandate covering North America, Europe, and Asia. The firm reports a typical due-diligence cadence of one to four weeks, with investment committee decisions factoring the degree to which the partnership can add operational value post-close. New Era maintains dual headquarters in Boston and Tel Aviv, while its website lists a Washington, United States address for contact purposes. The senior team includes Ziv Gafni (former associate partner at McKinsey's digital practice in Israel), Principal Selma Kveim (former McKinsey and EY consultant), and U.S. Chief of Staff Samantha Libraty (former State Department and White House appointee). The firm is adjacent to the Peres Center for Peace & Innovation through board overlap; Chairman of its advisory board, Chemi Peres, co-founded Pitango Venture Capital and chairs the Peres Center. Ayelet Frisch, a senior director at the firm, previously served as President Peres’s strategic branding and PR advisor. ai (bovine methane reduction) and aiOla (speech AI for industrial workflows). The structural differentiator is New Era's insistence on serving as an embedded operational partner rather than a check-writer. Unlike a standard venture fund that contributes board oversight and introductions, the firm's partners are former line executives who run point on business development, pricing strategy, and technology architecture for portfolio companies. That posture traces back to Argov's own career: he operated companies for two decades before building the firm, and he staffed it with general partners whose resumes list GM, transformation-lead, and CFO roles ahead of investing titles. The model concentrates deal volume but raises the bar for value-add — a constraint that explains the firm's relatively narrow portfolio of roughly two dozen names.

General information

Firm type

Private Equity

Location

Region

North America

Country

United States

City

Washington

Corporate office

Washington, United States

Additional offices

Tel Aviv, Israel · Boston, MA, United States

Principals

Gideon Argov

Founder & Managing Partner

Ran Arad

Managing Partner

Ziv Gafni

Partner

Selma Kveim

Principal

Samantha Libraty

U.S. Chief of Staff and Investor Relations lead

Sector focus

HRTechMobility & TransportationDigital HealthPropTechWorkflow AutomationFinTechAI/MLCybersecurityEnterprise SoftwareClimateTechHealthcare Services

Frequently asked questions

Who runs investment decisions at New Era Capital Partners?

Founder and Managing Partner Gideon Argov chairs the investment committee, with Managing Partner Ran Arad and Partner Ziv Gafni as core voting members. Argov brings operating CEO experience from Entegris and Parthenon Capital; Arad’s background spans presidential advisory work and Lehman Brothers; Gafni was an associate partner at McKinsey leading digital transformations. The committee determines which deals proceed after the investment team’s diligence recommendation, as outlined on the firm’s website.

What investment stages does New Era Capital Partners typically target?

Per its Altss-curated firm record, New Era targets Seed, Series A, and Series B rounds — the precise window where companies with an Israeli nexus begin scaling internationally and can absorb the operational resources the firm provides. Check sizes range from $1 million to $10 million, with reserves for follow-on capital. Its portfolio reflects this staging, with companies such as Hyliion and Optibus illustrating post-Seed bets on industrial and mobility tech.

What is the relationship between New Era Capital Partners and the Peres family?

Chemi Peres, son of the late President Shimon Peres, serves as Chairman of the firm’s advisory board. Two firm leaders — Managing Partner Ran Arad and senior director Ayelet Frisch — previously held senior advisory roles to President Peres. The firm is not a Peres family office, but the institutional overlap gives New Era preferential access to the Israeli innovation ecosystem that the Peres name and the Peres Center for Peace & Innovation anchor.

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.

Need institutional-grade insight on private equity firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Washington Private Equity profiles