Shamir Capital is a leading Israel-based hedge fund managed by a team with over 25 years of experience in successful investing.

S.H.N Financial Investments (or known under its brand name “Shamir Capital”) has matured to be a strong investment partner for micro-cap to mid-cap companies all around the world.

Our experience and sector know-how have not only made us a trusted partner for many companies, but also for analysts and financial intermediaries worldwide.

Shamir Capital values innovation, visionary investment ideas and transformative businesses that have strong growth potential and a long-term value proposition.

We strongly believe in the long-term success of our investments and have an investment horizon of up to 5 years. In this period we let companies unfold their potential and follow the development closely.

We are always focused on the highest level of professionalism and consistency and have a proven track record of investing into undiscovered jewels.

Investment Approach

Shamir Capital is focused on thorough bottom-up investing strategy into micro to mid cap companies. We strongly believe in understanding the eco-system of the investment targets and implement a due diligence procedure according to our internal guidelines. Our focus is on exceptional business models, significant market opportunities and hands-on management. As we do have a more venture capital focused investment style, we strongly believe in high growth companies and are focused on finding the attractive targets. Thus, we actively search for investment opportunities with specific internal methodologies and take part in conferences and non-deal/deal roadshows organized by our partners.

Investment Universe

We invest mainly into public companies, but we also participate in late stage private placement rounds. As we are focused on growth markets we operate in the three strongest growth markets today; Technology, Biotechnology (Healthcare), and Cannabis. We aren’t restricted on these three segments and also invest into other markets such as cleantech.

For public companies we usually look at companies with market capitalization up to 10 billion USD. However, our focus lies on companies with market CAP of up to 1 billion USD.

In the private sector, we search for late-stage investments where the IPO process is clearly outlined.

Investment Procedure

Our approach is usually based on three main pillars; Filter, Analyze, Invest.

In the filtering procedure, we first map the investment universe and try to understand which companies and markets are interesting. This is based on qualitative and quantitative measures that are proprietary to the fund.

Following, the filtering step we usually try to contact the investment targets and start our analytical procedures. We model and value the companies based on DCF, relative value, market multiple and risk-adjusted NPV methodologies.

Investing is usually the last approach. Following the internal assessment, we can react fast to given events and invest in open-market transactions, primary and secondary offerings, pipe transactions, or pre-IPO investment rounds.

Following the investment, we follow up with the companies and continuously observe our investments.

Specific investment strategies

Micro-Cap investments

We invest into companies below 200 million USD market cap that are interesting investment targets or are in need of capital to achieve their investment goals.

In this segment, we have a more venture cap perspective and search for the next game-changing investment. We are willing to continuously evaluate and invest in an idea as long as the fundamentals continue to stay positive.

Small-and Mid-Cap investments

In this segment, we invest more into seasoned investment targets with a consistent track record or value proposition. We focus strongly on growth potential of the different markets. The most important factor though is the ability to execute and show strong revenue growth potential.

In this segment, we invest in open market transactions, follow-on offerings, and IPOs.

Private placements

As we are normally public market operators, we are very careful with investments in the private market. We pick companies very specifically and only if the fundamentals fully fit our investment objectives.

Most of our investments are made as traditional private placements, convertible debentures, or convertible preferred offerings.

Principals

Hadar Shamir

Founder & CEO

Hadar Shamir began his career in the capital markets in 1992 as a portfolio manager and in 1997 started to manage his own small-scale nostro trading activity.

In 2004, together with Nir, he acquired Gilon 1979 Ltd. and through a reverse merger transferred the private nostro activity into the listed company traded on Tel Aviv Stock Exchange.

In 2005, Gilon expanded to include classic asset management through the acquisition of Sprint ‎‎– Portfolio Management & Trust Funds.

By the end of 2005, the company was a fast growing investment house, specializing in arbitrage trading between the U.S. and Israeli markets and had become a very active underwriter, provided M&A services, advised on fund raising and reverse merger transactions and worked closely with local institutional investors. At its peak, Gilon employed over 30 day traders and was responsible for 15% of the daily trading volume in the Israeli Market.

In 2007, the controlling stake in Gilon was sold.‎

Hadar went back to manage his own private nostro account that is managed under the brand name “Shamir Capital” together with Nir Shamir.

Hadar holds an MBA in Economics and Finance from Reading University.

Nir Shamir

Founder & Head of Trading Desk

In 2000, Nir Shamir, Hadar's younger brother, joined Hadar and took part in the nostro activity. His focus has been equity and options trading.

Under the leadership of Hadar Shamir, in 2005 he co-led the acquisition of the asset management company Sprint – Portfolio Management & Trust Funds and drove it from $75M AUM to $500M AUM by mid-2007. Following the combination of the two businesses, Nir was in charge of the trading desk with more than 30 traders.

Following the sale of Gilon, Nir joined forces with Hadar and co-founded S.H.N. Financial Investments. With Nir’s leadership, S.H.N. Financial Investments expanded its secondary market operating activities, as well as the US mid-cap equity strategy – a unique focus for Shamir Capital.

Nir holds a BA in Economics and Business Administration from the Management College in Rishon LeZion, Israel.

Jessie Katz

Managing Director – Head of Research

Jessie Katz started his career in the equity markets at Oscar Gruss & Son where he worked as a sell-side equity analyst in the technology/biopharma markets servicing the major Israeli institutional investors (AUM of 40-60 billion USD).

Following Oscar Gruss, Jessie joined Harel Insurance where he was in charge of the analysis of equity investments in the excess of 500 million USD mainly in the technology markets, but also in pharmaceuticals and biopharma market. During this period, Harel moved to the top place in the Israeli insurance market.

Jessie possesses specialized expertise within the TMT markets focusing on cyber, software, data center, cloud, semiconductor and semiconductor equipment, and telecom markets.

Since starting at Shamir Capital, has further developed in-depth knowledge of the biotech market and is strongly focusing on several different markets such as oncology, NASH, ophthalmology, medtech, and many other spaces. Jessie has been focusing on the analysis of data in this space and is strongly focused on undervalued assets that have strong chances to pass Phase 3 trials and commercialize thereafter.

He holds an MA in Finance (cum laude) from the University of Zurich and is the holder of the FRM and CAIA designations.

Meytal Purvin

Head of back office

Meytal Purvin started her career at Bank Leumi LeIsrael LTD, in the capital market division (foreign securities back office). Later on, Meytal moved to a position within the business division of Bank Leumi, providing services to institutional clients and public companies.

Meytal decided to return to the securities back office, and moved to Discount bank where she was part of the capital market division, and in particular the foreign securities back office. During this period she worked in the function of a controller of the nostro and customers back office.

Meytal holds a degree in Business Administration.

Contact Us

Shamir Capital
8 Abba Even Blvd, B Entrance Herzliya, 46733, P.O Box 2181, Israel
Tel: +972 (0)9 9618816 | Fax: +972 (0)9 9563596