Blackstone announced today that it has hired Yifat Oron, who previously served as CEO of LeumiTech, as a Senior Managing Director and head of the firm’s new office in Tel Aviv, Israel. She will lead Blackstone’s growth and tech investments in Israel for Blackstone Growth (BXG), the firm’s growth equity business, and assist with other investing efforts across the firm. Ms. Oron brings more than twenty years of experience as a tech investor and executive in Israel, with leadership roles in venture capital, banking and consulting.

BXG recently completed the final close of its oversubscribed, inaugural $4.5 billion growth equity fund – the largest first-time growth equity private vehicle ever raised. BXG began deploying capital in 2020 and has already made a number of significant investments, including in Bumble (which recently completed a successful initial public offering); Oatly; ISN; GeoComply; Ginger Health; Hydrogen Health and Epidemic Sound.

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Source: Business Wire