
Qualified Investors
About Us
Value Feeder Funds is a leading feeder fund platform in Israel, specializing in providing qualified investors with access to tier-one Israeli and international investment funds. The firm delivers advanced investment solutions from the world’s premier asset managers, tailored to the specific needs and investment profiles of private qualified investors.
We serve as the vital link between the Israeli investor and global funds – providing professional guidance, dedicated local support, and clear, accessible reporting. We also conduct regular webinars and updates with fund managers, enabling our investors to stay connected in real-time to developments, performance, and key strategic moves within the funds, while gaining deeper insight into the global alternatives landscape.
Our Uniqueness
Global Connections
An international network of connections and decades of experience with the world’s leading investment managers.
End-to-End Investment Guidance
Comprehensive service throughout the fund’s lifetime, in accordance with operational, regulatory, and tax needs.
Professional Research and Selection
A dedicated research department that carefully selects suitable funds for a unique portfolio.
Smart Investment Structure
A streamlined diversification model with minimal investment barriers and low entry thresholds.
Direct Work with the Funds
Ongoing and direct activity with leading investment funds, with long-term relationships and full transparency throughout.

Debt Investments
Value Group’s debt investment operations are built upon a rigorous selection methodology established by the Group’s Research Department and Investment Committee. We evaluate debt funds operating across a variety of strategies, including senior debt, asset-backed debt, and flexible financing solutions, designed for companies and operations in diverse markets in Israel and globally.
Our fund selection process focuses on asset managers with a distinct and proven track record in their specific field. This process relies on an in-depth analysis of manager quality, deal structures, collateral levels, and control mechanisms – with the goal of raising the bar for lending security and building a stable, well-balanced investment portfolio over time.
These criteria were established to ensure portfolio quality and long-term risk-adjusted returns.

Equity Investments
Value Group’s equity investment operations follow a structured selection methodology established by the Research Department and Investment Committee. We evaluate equity funds across a variety of strategies, including traditional private equity, buyout funds, secondary market strategies, co-investments, and additional models aligned with market opportunities.
Our platform provides exposure to investment opportunities in both the primary and secondary markets, selecting managers with demonstrated track records. Fund evaluation is anchored in principles of broad geographic dispersion, diversification across managers and investors, sectoral variety, and a mix of vintage years – aimed at generating high-quality returns over time through responsible risk management and the construction of a balanced equity portfolio.
These rules were defined in order to raise the security threshold of the loans and to provide stability to the loan portfolio.
Portfolio Funds
Details of the funds managed in the investment portfolio

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.
Watch the recording
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.
Watch the recording
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"
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.
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.
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.

