Asset ManagerRIA · CRD 312614SEC-RegisteredPrivate Fund Adviser

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Sphera Funds Management

Sphera Funds Management is an SEC-registered investment adviser in Tel Aviv, registered since 2021. It advises on investment strategies. The firm is based in...

Sphera Funds Management

Sphera Funds Management is an SEC-registered investment adviser in Tel Aviv, registered since 2021. It advises on investment strategies. The firm is based in Israel.

General information

Firm type

Asset Manager

Year founded

2004

Location

Region

North America

Country

Israel

City

Tel Aviv

Corporate office

TOU Towers, 4 Itzhak Sade Building A, 29th floor, Tel Aviv, Israel 6777504

Principals

Doron Breen

Co-Founder & Managing Partner

Ron Senator

Co-Founder & Managing Partner

Omer Degani

Managing Partner

Nadav Zeller

Managing Partner

Avishay Hertzanu

Managing Partner

Tzafrir Efrati

Managing Partner

Avi Ben-Ari

Managing Partner

Eli Uzan

Managing Partner

Adi Hanetz

Chief Operating Officer & General Counsel/CCO

Oshrat Levi

Chief Financial Officer & Head of Operations

Eran From

Chief Marketing Officer

Michal Nachmany

Head Of HR

Tal Englander

Senior Relationship Manager

Omer Dagan

IT Manager

Joshua Lipman

Head Of Research

Dr. Amit Drach

M.D, Senior Analyst

Hagai Schor

PhD, Analyst

Geula Schwartz

Senior Analyst

Avishai Fort

Research Analyst

Amir Davidovich

Research Analyst

Jonathan Shpigler

Research Analyst

Asaf Weksler

Research Analyst

Matan Davidyan

Research Analyst

Ithai Kenan

Research Analyst

Sector focus

Hedge FundsReal EstatePrivate CreditInfrastructure

Frequently asked questions

Who runs investment decisions at Sphera Funds Management?

Investment decisions are made by a team of eight managing partners, including co-founders Doron Breen and Ron Senator, along with Omer Degani, Nadav Zeller, Avishay Hertzanu, Tzafrir Efrati, Avi Ben-Ari, and Eli Uzan. The research team is headed by Joshua Lipman (per the firm's website).

How does Sphera source proprietary deal flow?

Sphera does not disclose its sourcing model in public materials. Its long/short equity strategies likely rely on fundamental research in public markets, while its real estate private equity fund may source deals through local relationships in Israel.

Is Sphera structured as a single family office or does it operate more like a hedge fund?

Sphera is a hedge fund manager, not a family office. It manages client capital from third-party institutional investors such as pension funds, insurers, and family offices, and operates long/short equity and real estate fund structures (per the firm's website).

Does Sphera participate in fund commitments or only direct deals?

Sphera primarily acts as a fund manager — it runs commingled funds (long/short equity and real estate) and takes fees on that capital. Its website does not mention direct co-investments or club deals alongside LPs.

What investment stages does Sphera typically target?

The firm runs liquid long/short equity strategies — effectively public market investments across market caps. Its real estate fund invests in property assets, but no specific stage (early, growth, buyout) is disclosed.

Which sectors does Sphera explicitly avoid?

Sphera does not publish explicit sector-negative screens. Its website emphasizes fundamental, research-driven investing without naming avoided categories.

What is Sphera's known posture on co-investments alongside external GPs?

Sphera shows no public presence of co-investing alongside external GPs. Its business model revolves around managing its own long/short and real estate funds.

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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