Investment Banking
About Us
The Investment Banking Division at the Value Group provides strategic financial advisory services and support to corporations, institutional entities, and entrepreneurs across major transactions and key decision points. We support capital and debt raising, M&As, strategic partnerships, and complex transactions – tailoring our approach to each client’s unique requirements and local and international market dynamics.
We operate as a strategic financial partner to our clients, providing guidance from initial concept through to close.
Our Uniqueness
Institutional-Grade Experience
Our operations are backed by over 30 years of experience in private markets and the management of complex transactions, grounded in a deep understanding of the needs of companies, investors, and financial institutions.
Strategic Vision and a Holistic Perspective
We guide transactions with a comprehensive outlook – integrating financial, business, and strategic considerations – rather than focusing solely on the transaction closing point.
Direct Access to Leading Managers and Investors
We maintain ongoing collaboration with investment managers, funds, and institutional bodies in Israel and abroad, which enables us to precisely align opportunities, capital, and strategic partners.
Local and Global Market Integration
Our proven experience in the Israeli arena, alongside our international operations, grants us the unique ability to bridge deals and opportunities across diverse markets with precision and efficiency.
Our Services
End-to-end transaction planning and execution
Legal and financial advisory and representation
Advisory and management of negotiation processes
Strategic advisory and evaluation of transaction alternatives
Local and international investor sourcing
Professional Podcasts in the Capital Market
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.
Watch the recordingThe Leading Team
"We believe that our people and our shared values are the core of our relative and competitive advantage. We advocate for professionalism, fairness, transparency, and a high standard 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 Aldubi
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.