July 14, 2017
An article in the July 13th issue of the Jewish News, authored by Robin Schwartz, highlights how Schechter Wealth’s relationship with Colorado-based hedge fund Lazarus Israel Opportunities is helping connect Metro Detroit investors to Israel.
Over the past 15 years, Israel has become a hotbed of technological innovations, with one of the world’s best-performing stock markets. Every year, 50-100 Israeli companies are acquired by the likes of Google, Apple, Facebook and IBM. Israel has even caught the eye of Warren Buffett, saying the country is one of his favorite places to invest.
The Lazarus Fund, referred to as a “one-stop shop” for investing in Israel by the hedge fund’s manager and Chief Investment Officer Justin Borus, invests in public and private Israeli companies from cyber-security to water to agriculture, medical devices to computer-assisted glass technologies and more.
The partnership between Schechter Private Capital, a subsidiary of Schechter Wealth, and Lazarus has created an opportunity for Metro Detroiters whom are eager to diversify their portfolios. As the article explains, since December 2016, Schechter has introduced the fund to 40-plus people locally, raising over $10 million.
“A lot of our clients are Jewish and have a nationalistic feeling about Israel. They go to Israel and they donate to Israeli causes, but there hasn’t been a vehicle to capitalize on what we all intuitively believe; that Israelis are smart and that extremely innovative breakthroughs are taking place there. We are excited to offer this unique and exclusive opportunity,” Schechter Managing Director Jason Zimmerman said.
To learn more about Schechter Private Capital, call (248) 731-9500 or visit schechterwealth.com.