Value Advanced Investments
First in Alternatives
Representation & Strategic Advisory Services for International Funds
Strategic and business advisory services for international funds on investment, structuring, growth and new market entry
Private Investment Fund Management (Feeder Funds)
Establishment and management of private investment funds, including asset selection, investor relations management, and ongoing oversight
Investment Banking
Sourcing, analysis and full-spectrum support for private investments, driven by deep financial scrutiny and strategic business analysis across the entire transaction process
Value Gateway
Connecting sophisticated international investors to Israel’s leading alternative investment opportunities — across real estate, credit, infrastructure, high-tech, and secondaries.
Leaders in Alternative Investments
Value Group specializes in private market alternative investments for institutional investors, corporations, and qualified investors – bringing extensive experience, a disciplined approach and long-term strategic guidance.
Strategic Partners
Investment Solutions Tailored to the Private Market
Value Group offers a full suite of bespoke investment solutions and advisory services within private markets, combining decades of experience with a deep understanding of investor needs and broad activity in Israel and worldwide.
We maintain a professional, responsible, and transparent approach, supporting investors, companies, and funds throughout the entire investment lifecycle.
International Investment Funds
For global funds seeking to establish a foothold in the Israeli market, we offer deep-rooted, longstanding familiarity with every layer of the local private sector. We provide ongoing research and unique, real-time insights that are inaccessible elsewhere. This specialized knowledge is what makes the difference between mere presence and real impact.
Companies and Organizations
Investment banking at the highest level requires a rare combination: a profound mastery of the Israeli capital market, extensive experience in complex transactions, and a strategic network built up over years. We bring all of these elements together under one roof for any company or organization seeking institutional-grade advisory services and support.
Accredited Private Investors
Engineering sophisticated investment structures for accredited investors is a precise craft, combining legal, tax, and financial expertise with a deep understanding of the investor’s objectives. We build the exact framework required and remain by the investor’s side throughout the lifecycle of the investment, representing their interests vis-à-vis funds at every critical juncture.
Institutional Entities
Institutional bodies require more than just advisory services – they need market-leading intelligence. We provide ongoing, in-depth research on the private markets in Israel and abroad, covering emerging trends, leading strategies, and competitor landscapes. We serve as the bridge, connecting these entities directly to leading international funds.
Over 30 years of innovative investments
Our Unique Process
Strategic Focus on Global Tier-One Funds
Extensive experience working with premier investment, credit, and real estate funds across global markets
Direct Engagement with Fund Managers
In-depth, practical familiarity with the dynamics and complexities of long-term fund management, alongside exclusive access to international deals that are often unavailable in the open market
Deep Dives and Due Diligence
Comprehensive institutional review of the models, strategy, and proven track record of funds
Priority Access to Premium Opportunities
Exclusive access to local and international deal flow and off-market opportunities that remain inaccessible to the broader market
Legal and Regulatory Guidance
Working with regulated terms, full transparency, and clear and comprehensive investor protections
Long-Term Relationships and Risk Management
Building lasting relationships and processes that mitigate risk over time
Insights & Articles
Real Estate Debt Funds
Real estate debt funds offer unique investment opportunities for investors in the real estate sector. Rather than purchasing a physical...
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Global Investment Funds
More Than Ever: Global Investment Funds Are a Must-Have Component in the Portfolio of Qualified Israeli Investors
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Infrastructure Investment Funds
Investing in infrastructure offers a unique set of opportunities given the current macroeconomic landscape and the high expected returns compared...
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Private Market Perspectives: The Value Podcast
Value Talks: Noam Bracha Hosts Boaz Varshavsky for a Conversation on Trends in the Alternative Investments World
This episode explores the evolution of the illiquid investments space and the key trends shaping it today, with a focus on allocation shifts, the entry of private investors, and the growing complexity of products. It examines how the field has evolved from classic private equity into areas such as private debt, infrastructure, and secondaries — primarily against the backdrop of a shifting interest rate environment and liquidity challenges. The discussion highlights the growing importance of professional analysis in a world where information is not readily accessible, and the increasing sophistication of investors — including a shift from institutional-only players to family offices and qualified private investors. It also explains how funds and managers are adapting their strategies to the new environment, including a move toward safer transactions, the use of covenants and collateral, and advanced risk management.
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Value Talks: Investment Strategies in the Private Equity World
This episode offers a comprehensive overview of the private equity landscape as a core component of alternative investments, with an emphasis on market structure, investment strategies, and the evolving dynamics of recent years. Itamar, Inbar and Noam explore how the sector has developed into a primary engine within investment portfolios—alongside private debt, real estate, and infrastructure - and its continued significant growth on a global scale. The episode delves into key private equity strategies, such as buyout, growth, turnaround, and co-investments, explaining how fund managers generate value through company optimization, leverage, and active management. Additionally, the discussion compares risk-return profiles across various asset classes and highlights the benefits of broad diversification within funds. A central part of the discussion is dedicated to the impact of the macro environment – specifically rising interest rates and inflation – which have altered market conditions, hindered exits, and slowed distributions to investors. At the same time, these shifts have created new opportunities, particularly in the secondary market, which offers liquidity, asset acquisitions at a discount, and exposure to more mature investments. Finally, the episode emphasizes the critical importance of fund manager selection, the significant performance dispersion among managers, and the need to deeply understand return structures, cash flows, and risks, especially for qualified investors active in this space.
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Value Talks: Inbar Steiner hosts Nir Turner for a Conversation on Infrastructure Investing
This episode explores the world of private infrastructure as an alternative asset class, featuring a discussion with Nir Turner from Meitav. The conversation focuses on the evolution of the sector – shifting from traditional infrastructure to digital and renewable energy – and how institutional bodies are building exposure to this space. The episode explains the allocation of investments between Israel and international markets, the balance between fund investments and direct deals, and the key sectors involved, such as energy, transportation, telecommunications, and environmental infrastructure. Additionally, we examine the different investment strategies across the risk-return spectrum, ranging from core to opportunistic. The discussion highlights the advantages of infrastructure as a defensive asset characterized by stable cash flows, inflationary protection, and inelastic demand, while also addressing unique risks such as regulation, demand fluctuations, and construction challenges. Finally, the episode reviews key trends such as the growth of digital infrastructure and AI, the transition to green energy, and the rise of the infrastructure secondary market as a compelling investment opportunity.
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The Funds Opening the World of Institutional Investment to Qualified Investors in IsraelAfter many years in senior positions at Helman-Aldubi, the managing partners of Value Advanced Investments are leading Israel’s largest alternative investment house. In an interview with FUNDER, they shed fascinating new light on the alternative investment space,
Israel's appeal to global investment giants is its X-factor - opinionIsrael’s pension structure is considered among the world’s best – as reflected in the annual Mercer CFA Institute Global Pension Index, a top consulting body.
Value Advanced Investments completed a fundraise of 1.5 billion shekels for three international funds managed by Carlyle, StepStone, and Coller. The funds were raised from a broad spectrum of qualified Israeli investors, with more than half of the amount raised for funds specializing in Secondary strategies, while the remainder is designated for investment in Private Debt and Private Equity funds.
Our Leadership Team
"We believe that our people and our shared values are the foundation of our competitive advantage. We are committed to uncompromised professionalism, integrity, transparency, and the highest standards of corporate governance"
Inbar Steiner
Managing Partner
Over 15 years of experience at the intersection of law, investments, and private equity - from legal counsel to the decision-making table.
Inbar leads the global operations of Value Advanced Investments.
Inbar joined the Halman-Aldubi Investment House in 2009 after working as commercial law attorney specializing in high-tech and biotech. From 2009–2021 she managed the legal department at Halman-Aldubi, overseeing dozens of M&A transactions as well as significant growth in assets under management. From 2010–2015 Inbar also served as legal counsel for Israeli Opportunity – an oil and gas exploration partnership. She brings a proven track record in private asset and fund investment transactions, complemented by deep experience liaising with diverse regulatory bodies.
Inbar holds an LL.B and BA in Economics from the Hebrew University and an MBA specializing in Entrepreneurship and Strategy from Tel Aviv University.
Uri Alduby
Managing Partner
Over 30 years building capital markets, funds, and alternative products – from co-founding Halman-Aldubi to leading Value Advanced Investments.
Over 30 years building capital markets, funds, and alternative products – from co-founding Halman-Aldubi to leading Value Advanced Investments.
The Chairman and partner at Value Advanced Investments Group, Uri is also the Chairman of Phoenix HCHI Central Provident Fund for Pension, and a Director at Israeli Opportunity.
Uri brings over 30 years of experience in capital markets and investment management, establishing funds and provident and pension funds, investment banking, and the creation of alternative products.
A key figure in the Israeli financial landscape, Uri was a founding partner and Chairman of the Halman-Aldubi Group, and served as Chairman of the Israeli Gas Association for seven years.
He holds a BA in Economics and Management and an MA in Finance from Tel Aviv University.
Noam Bracha
Managing Partner
Record of turning complex investment products into scalable growth engines.
Noam leads the investor recruitment and business expansion efforts at Value Advanced Investments, overseeing the distribution of the firm’s diverse portfolio. With 15 years of financial expertise, Noam was among the pioneers in making alternative investments accessible to the broader public in Israel.
His leadership background includes a tenure as CEO of Investment Funds and VP of Sales at Halman-Aldubi, where he co-founded the alternative investment division.
Noam holds a BA in Business Administration with a specialization in Finance and Marketing. Noam is licensed in both portfolio management (from the ISA) and a pension marketing (from the Ministry of Finance).
Tzippy Zalmanovich
Managing Partner
From managing large service operations to CEO of a portfolio management company – leading processes, people, and products with equal strategic force.
Tzippy heads the marketing, digital, and operations divisions at Value Advanced Investments.
She began her career managing large service departments before transitioning to finance, bringing 15 years of managerial experience, including a decade in the financial sector.
Her previous roles include CEO of the Portfolio Management company division at Halman-Aldubi , and VP of Client Relations at a provident and pension fund.
Tzippy holds an MBA from the University of Haifa, and completed a specialized program in Consumer Behavior at the London School of Economics.
Rami Dror
Managing Partner
Over 30 years at the forefront of Israeli investment management - from CEO of Halman-Aldubi to leading Value Advanced Investments.
Over 30 years at the forefront of Israeli investment management – from CEO of Halman-Aldubi to leading Value Advanced Investments.
Rami serves as CEO of the Value Advanced Investments Group.
Rami has over 30 years of experience in investment management, including the leadership of investment houses, public companies, and institutional entities. His expertise encompasses capital raising, M&As, financial engineering, derivatives trading, and the establishment of investment funds.
Previously, Rami served as CEO of Halman-Aldubi Investment House, where he oversaw significant growth and strategic development.
He holds a BA from the College of Management Academic Studies and an MBA from Bradford University in England, specializing in Finance.