Trendline

Trendline

Trendline was established to manage the investment activities of the Manche family, whose wealth stems from Kav Manche, a major Israeli infrastructure construction and engineering firm founded by Uri Manche. The group built its position over decades as a primary contractor on national road, bridge, and civil engineering projects across Israel, generating the capital base that now sits inside the family office. Unlike prominent Israeli tech-founder family offices, Trendline's wealth origin is in physical infrastructure operations — a distinction that shapes its investment tempo and risk appetite. The office deploys capital across asset classes, with a focus on Israeli private technology companies, local real estate development, and liquid public equities. In private tech, Trendline has historically participated in early-stage and growth rounds for Israeli enterprise software, cybersecurity, and industrial technology companies, often joining rounds led by established local venture funds. Known portfolio engagements have included participation in financing for Israeli SaaS and data infrastructure startups, though the office maintains a low public profile and rarely issues press releases naming specific positions. The real estate allocation concentrates on income-producing commercial and residential development within Israel, leveraging the family's deep construction-operating knowledge. Public-market activity is executed through separately managed accounts and direct holdings on the Tel Aviv Stock Exchange, along with select international equities. The office operates from Kfar Saba, near Tel Aviv, and is closely held by the Manche family. As a private investment vehicle without external clients, Trendline does not publish assets under management or deployment figures, and the available public record carried no recent operational announcements as of mid-2026. The family's original operating company, Kav Manche, remains a significant going concern, anchored by major government infrastructure contracts that continue to generate liquidity for the family office. No adjacent philanthropic foundation, co-investment club, or multi-family platform is publicly associated with the group. Trendline's structural differentiator lies in its direct line to active infrastructure operating cash flows rather than a one-time liquidity event. Most Israeli single-family offices trace to software exits or industrial sales; Trendline is replenished by a multi-decade book of government road and civil engineering contracts that produce recurring working capital and project milestone payments. That construction-cycle income stream — durable, Israeli-shekel-denominated, and largely uncorrelated to venture-market cycles — funds the family office's ability to hold technology positions through volatility without the redemption or timeline pressures that shape venture-fund behavior.