The Phoenix controlled Excellence Group acquired Alumot’s portfolio management and fund management companies for about NIS 30 million

The Phoenix controlled Excellence Group acquired Alumot’s portfolio management and fund management companies for about NIS 30 million. The Excellence Group has about NIS 51.4 Billion in assets under management.

The Excellence Group was represented by advocate Oded Ofek, head of our capital markets: investment and institutional entities department and by advocates Osnat Ophir-Sade, a partner in the department, Sarit Moussayoff, a partner in the corporate department and Eden Salomon Lyabock from the corporate department.
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