First ever joint Israeli-Chinese venture fund announced
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Catalyst Private Equity is hoping for big things partnering with China Everbright Limited (screenshot)

The $200 million fund from Catalyst Private Equity and China Everbright Limited wants to bring Israeli technologies to the Chinese market – and it might just have the partnership to pull it off

Two investment firms are launching a $200 million fund to expand business ties between Israeli and Chinese technology companies, they announced on Tuesday. Catalyst Private Equity and China Everbright Limited have already made two investments and are preparing the groundwork for more.

“Our vision is to support the growth and establishment of innovative Israeli companies as global market leaders across a variety of industries. We provide an attractive alternative to Israeli entrepreneurs selling their businesses too early and provide mature companies with the capital and support for creating larger global businesses including access to capital from China and the vast China market opportunity.” said Yair Shamir, Co-Founder and Managing Partner of Catalyst, in a statement.

Catalyst has scored some strong early investments in companies like smart car-faring Mobileye (MBLY), Tufin Technologies, MTI Wireless Edge, harmon.ie, Commtouch, Cyalume Light Technology, and the Dori Media Group. The joint fund has so far invested in Israeli-Swiss micro-sized tool manufacturer Lamina Technologies and is putting the finishing touches on funding for an Israeli 3D printing company to be announced at the end of the month.

Catalyst and CEL are calling it the “first dedicated Israel-China private equity fund.” The fund will invest in mid-to-late-stage companies with a special focus on pushing their tech in China and emerging markets. The fund will cover the gamut: healthtech, energy, media, agritech, and manufacturing among others.

“We are very gratified to have reached our capital raising target and to have raised significant capital from many new investors including leading Chinese institutional and strategic investors as well as leading investors from Israel, North America, and Europe,” added Catalyst CEL Fund Co-Founder and Managing Partner Alain Dobkin.

Catalyst has been in operation since 1999 and this will be its third investment fund. They have $280 million under management. CEL has $8 billion under investment according to a press release and is the subsidiary of China Everbright Group, which has $500 billion in assets.

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