In June 2019, the Committee for the Advancement of Publicly Traded Funds for Investments in Infrastructure (the “Committee”) published its final recommendations. The interoffice Committee is comprised of representatives, among others, from the Securities Authority, the Ministry of Finance, the Capital Market Insurance and Saving Authority, the National Economic Council, and the TASE.
The publication of the recommendations represents another milestone in making infrastructure projects more accessible to capital markets investors.
FBC represented Israel’s first publicly traded fund that specializes in investment in the energy and infrastructure sectors on its IPO on the Tel Aviv Stock Exchange. We are happy to provide you with a review of the key recommendations.
Please find the full legal update here (Hebrew)