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2025-04-15 04:43:46
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Calcalist - by layer3.news on Nostr: calcalist.co.il ✍️ Group 11's fifth fund, Group 11 Fund 5, has reported a 10% ...



✍️ Group 11's fifth fund, Group 11 Fund 5, has reported a 10% loss in its net asset value over the past year, according to a report sent to investors. The fund, managed by Dovi Frances, has been investing in private companies in the fintech sector since its inception in 2020.
👉 Group 11 Fund 5 has reported a 10% loss in its net asset value over the past year
👉 The fund has been investing in private companies in the fintech sector since its inception in 2020
👉 The fund's net asset value has decreased by 7% over the past year
👉 The Nasdaq 100 index has increased by 28.6% over the same period

#DoviFrances #TelAviv #business


Group 11's investment portfolio, which was launched at the beginning of 2021 and its units started trading in Tel Aviv at the end of that year, lost 10% of its asset value in 2024. Group 11 is a venture capital fund that establishes funds for investment primarily in fintech companies. The fund's manager is Dovi Frances, a star of the reality TV show 'The Sharks'.
https://www.calcalist.co.il/market/article/h1nok25aye

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