Shamrock to Make Investments in Israel
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Shamrock Capital Advisors, Roy E. Disney’s investment company, raised $125 million to invest in Israeli companies.
Burbank-based Shamrock said that it planned to make investments of as much as $20 million. The firm said it attracted investors such as Israeli and U.S. pension funds, insurance companies and commercial banks as well as families in Australia and the U.S.
The firm, which invests money for the family of the former Walt Disney Co. vice chairman, has been investing in Israel for 17 years. It has taken stakes in companies such as Koor Industries, Matav-Cable Systems Media and Tadiran Communications.
Roy E. Disney, 75, is the nephew of Walt Disney and the son of Roy O. Disney, co-founders of Walt Disney Co. Roy E. Disney has about a 1% stake in the Walt Disney Co., making him the biggest individual shareholder, Shamrock spokesman Clifford Miller said.
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