In the process of converting funds into hosting there are a number of steps the first and most important of which is completed and this is obtaining a permit from the Securities Authority. The next step to our understanding will take a few more weeks until the authority and the trustee approve a prospectus for the funds and the company gets underway.
Barak Investment House’s most prominent fund is Barak Strategies – a leveraged fund that stood out during the crisis in 2020, but has actually declined since the beginning of the year. After the establishment of the fund company, Barak’s more solid funds are expected to receive the most attention from Barak’s investment managers.
Not every day a new fund company is set up and this is indicative of the vibrant markets that encourage investors to step out of the comfort zone in deposits towards managing investment in the markets. Successfully.
Shai Barak declined to comment for this article.
In an interview with Pander magazine, Shai Barak talks about his plans that are now being realized:
We asked: Have you defined which destination you want? And Shai replied: “Obviously there is a business plan. We are at this point we are building the exposure. Historically, the evolution of investment houses in the capital market has required some average time of eight years until you reach maturity, who know you, and reach a critical mass of asset management scope.
When we set up the investment house, it was in the knowledge that we were going on a very long journey, not even a marathon is an ultra marathon. It is a slow construction of infrastructure, build there, and there are no shortcuts. Things will come, but it takes time. ”
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