Itamar Har-Even Interviewed by CNBC on Huawei’s potential US job cuts
Huawei is reportedly planning to lay off hundreds of employees in the U.S. Itamar Har-Even of Ion Pacific says he is “a little bit surprised” that Huawei is taking such action. Watch the full interview here.
Itamar Har-Even was mentioned in the news: China VC investment in south-east Asia surges fourfold
China VC investment in south-east Asia surges fourfold – Spending helps fuel $3.4bn total first-half boom for region’s tech start-ups China’s venture capital groups have increased their investment in south-east Asia tech start-ups more than fourfold this year as they eye opportunities in a region that is seeing increasing numbers of consumers come online. The […]
Singapore Life receives US$7.3m investment from Ion Pacific
Singapore Life, a technology-focused life insurer, has received a US$7.3 million investment from Hong Kong-based asset manager Ion Pacific. Alongside Ion Pacific, the other participants of this latest funding round were existing shareholders Aflac and Standard Life Aberdeen, Deal Street Asia reported. Read more: Aberdeen Standard invests US$13 million in Singapore Life The transaction gives Ion Pacific exposure […]
Itamar Har-Even Interviewed by Bloomberg Radio on the Impact that Uber and Lyft may have on other unicorn IPOs in 2019
Itamar Har-Even, Co-CEO and Managing Director, Ion Pacific, joined Bryan Curtis and Juliette Saly on Daybreak Asia. He takes a look at the impact that Uber and Lyft may have on other unicorn IPOs this year. He says it is important to make a distinction where companies have real opportunities to scale a business. Listen […]
Itamar Har-Even Interviewed by CNBC on Why Lyft’s cash burn is a huge problem
Lyft would have to generate about $900 million of value to break even and make even a cent of earnings, says Itamar Har-even of Ion Pacific. Watch the full interview here.
Itamar Har-Even was recently asked by Bloomberg for his views on Israel’s increasing scrutiny over Chinese mainland deals in its tech sector.
When Silicon Valley started closing its doors to Chinese money, mainland investors began looking to take their cash elsewhere. Israel, whose innovative tech sector inspired the nickname “Startup Nation,” became an alluring destination. The budding relationship had obvious benefits for both sides. With U.S. ties at a low point in the latter years of the Obama presidency, Israel was […]
Start-up that turns cyclists into online gamers raises $120 million to invest in esports
Zwift, an app that lets cyclists compete and interact with each other in a virtual world, has raised $120 million to fund an expansion into esports. The Series B investment — the second major round of funding for a start-up — was led by venture capital firm Highland Europe, whose portfolio includes Huel, WeTransfer and […]
Itamar Har-Even Interviewed by Bloomberg Radio on Private to Public Transition Can be Rocky Road
Itamar Har-Even, Co-Founder and CEO Ion Pacific, joined Juliette Saly and Doug Krizner on Daybreak Asia. He discusses the outlook for IPOs in Hong Kong. He says he sees a fundamental disclocation between private and public markets, he also considers whether valuations are reasonable and how companies should change their approach in future. Listen to […]
Hong Kong’s Ion Pacific raises $30m Israel tech fund
The firm plans to initiate fund raising for its next structured secondaries fund in the coming months. Hong Kong merchant bank Ion Pacific’s Israeli subsidiary IL Pacific has raised $30 million for its debut structured secondaries fund. The fund is focusing on acquiring secondary positions in technology, venture and growth capital funds, as well as […]
Itamar Har-Even Interviewed by CNBC to talk about soaring valuations in the private tech sector and how savvy investors are managing this wave of liquidity
Itamar Har-Even of Ion Pacific says a “massive wave” of capital coming into the private technology market has driven up valuations and expectations of companies. Watch the full interview here.