Exigent is a boutique multi-strategy investment manager based in Jerusalem, Israel. Our experience, relationship network and deep understanding of financial markets and special situation investing provides our clients with unique investment opportunities. Exigent's investment track-record and portfolio include early and late-stage venture capital, private equity, distressed debt and turnarounds, financial markets arbitrage and fund sponsorships in areas such as technology, healthcare, energy and real estate. Our clients and partners, who appreciate our relationship cultivation and long-term approach, include high net-worth individuals, family offices and financial institutions.
Our team is comprised of senior executives with an international pedigree from multi-disciplinary backgrounds in investment management, wealth management, research and trading covering liquid markets, growth equity, venture capital, distressed and structured credit.
Co-Founder & Partner, CEO
Co-Founder & Partner, COO
Michelle GannotCPA, MBA
Head of Investment Team
Global Client Relationships
Alternative & Direct Investments
Platform Operations Security
Dana Waterman Mizrahi
& Executive Assistant
Please fill out the form below.
We are always searching for top candidates to join our team of seasoned professionals. If this is you please send your resume and a brief introduction by email to email@example.com.
What's in a name ?
Co-Founder & Partner, CEO
Elie brings over twenty-five years of cross-asset investing and relationship management to his leadership role at the firm. He directs the firm’s investment focus and corporate strategy based on primary macro-drivers, investment themes and values. Elie began his career by obtaining his SEC/NASD Series 7, 63, 55 securities licenses at the age of only 18. In 1999, Elie was recruited by JP Morgan Chase and completed the Global Markets Training and Trading Program which gave him a comprehensive background in “global macro” and thereafter joined the Spot-FX trading desk. In 2002, Elie expanded his experience into other primary asset classes by joining a boutique investment firm focused on commercial real estate where he was responsible for portfolio underwriting and loan origination.
Soon after moving to Israel in 2007 Elie teamed up with his co-founder Eric Davis to start Exigent where he managed a number of credit arbitrage funds that returned in excess of 30% IRR’s by taking advantage of opportunities following the credit crisis (including TALF 1.0, a progra that has become a hallmark of successful Western-government intervention in capital markets), led private investments in banking and financial companies (including the early-stage investment in Cross River Bank), the restructuring of Insightec a global leader in non-invasive surgery that has achieved significant clinical and commercial milestones and the firm’s recent partnership with the Bezos and Moross families in their newly launched asset management firm HighPost Capital.
Being mission-driven and dedicated to purpose that is beyond financial gain, Elie is involved in a number of leadership initiatives focused on advancing Israel and humanity, including a keen focus on strong bilateral relations with Abraham Accords countries. At the time of his appointment, Elie was the youngest appointee to the Board of Governors, the Executive Committee, and Investment Committees at Shalem College, an institution emerging as Israel's leading institution of higher education focused on advancing the next generation of political and social leaders, promoting universal principals of democracy and economic freedom and employing a rigorous study of history and philosophy.
Elie serves as Advisory Board member of the Friedberg Economic Institute, which aims to reorient Israel’s post-graduate education model to a free-market perspective from its socialist roots, by bringing leading figures including central bankers to Israel for week-long seminars. Elie is an auto-didact in history, science, and economics. Elie attended Yeshiva University Sy Syms School of Business.
Co-Founder & Partner, COO
Eric brings over twenty-five years of experience and oversees all day-to-day operations as well as legal, structuring and compliance at Exigent.
Eric began his career in 1994 as an attorney at the multinational law firm Paul, Hastings, Janofsky & Walker LLP in New York, where he focused on transactional and commercial law. In 2000 Eric moved to Israel and became in-house counsel for an international technology company. In 2004 Eric co-founded Outside Counsel Solutions, a firm dedicated to providing outsourced legal services from Israel to large and small multinational companies.
In 2008 Eric co-founded Exigent with Elie and has served as Chief Operating Officer ever since. During his time at Exigent Eric has led the development of the Firm’s multi-asset platform, including negotiating and structuring investments and relationships, which began with obtaining the Federal Reserve Bank of New York’s approval for participation in the TALF program. Eric oversees all Firm operations, including its compliance responsibilities and processes, and relationships that include service providers, investors, and business partners. Eric was born in New York and attended Yeshiva University and earned his JD from Rutgers University. In 2017 Eric won a Gold Medal in basketball and lifted the trophy at the Maccabiah Games.
Sim brings over twenty years of investment experience with a specialty and track-record executing landmark investments in Israel. Sim began his career in 1999 in the emerging high-tech sector where he worked for a number of internet start-ups. In 2007, Sim joined the Tel Aviv office of York Capital Management.
From 2007-2010 Sim was part of a two-person team based in Tel Aviv that combined with an emerging operation in London to focus on making York’s first distressed debt investments in Europe in the energy, large-scale infrastructure and real estate sectors. Within Israel, he worked on York’s post-acquisition restructure of Psagot, turning it into Israel's largest asset manager at the time and selling it to Apax Partners in 2010 for a 2.8x MOIC, as well as on investments in Bank Hapoalim (TASE: POLI), Zim Shipping (NYSE: ZIM), Africa Israel and IDB Development. These transactions marked the beginning of York’s activist distressed investing strategy in Israel - a hallmark moment that forced the State of Israel to upgrade its investor protection and bankruptcy code and that opened the door to a wave of significant future reforms in the corporate and financial sectors. In 2013, Sim led and managed York’s investment into Elbit Imaging (TASE: EMITF), an investment that led to Israel's largest debt-for-equity swap. In 2015, Sim led York’s first medical technology investment into Insightec, a primary subsidiary of Elbit Imaging.
After leaving York to join Exigent, Sim led a side-by-side investment by Exigent. From that point Sim was instrumental in re-directing Insightec’ s corporate strategy having directly recruited CEO Maurice Ferre and new strategic board members. In 2018, Sim facilitated the $100M investment by Koch Disruptive Technologies into Insightec in what became KDT’s first investment in Israel and the largest investment in a private Israeli healthcare company at that time. Sim is involved in several leadership initiatives including serving on the board of Pardes Institute of Jewish Studies in Jerusalem. Sim attended Baruch College in New York.
Head of Investment Team
Michelle is Head of the Investment Team at Exigent and brings over 25 years of investment experience to the firm. She is responsible for leading the due diligence and asset monitoring functions that support the firm’s diverse investments. In addition to managing the investment team, Michelle also manages the firm's strategic relationships with investment counterparties and institutional investors.
Michelle began her career in 1995 as a CPA at Deloitte. In 1997 she pivoted to capital markets after joining Barclays Capital in Foreign Exchange. In 2000 Michelle immigrated to Israel and took a position at Bank Leumi, one of Israel’s largest banks. For more than 18 years, Michelle was instrumental in the establishment and growth of capital markets activities for the bank. In 2002 she commenced the build out of the first actively traded FX forwards business and in 2005 she developed the Shekel denominated interest rate derivatives business of Leumi, driving adoption across the institutional market. In 2007, as the bond market in Israel grew with multi-currency issuances, Michelle developed and managed the bank's trading business in Cross Currency Interest Rate Derivatives & Interest Rate Options. From 2011 to 2016 she developed and managed the creation and expansion of the bank’s cross-asset trading business to include equity derivatives, commodity derivatives, credit derivatives and structured products. In 2016 Michelle was promoted to Head of Global Markets Investing, where she was responsible for the bank’s $10 billion portfolio in FX, government bonds, MBS, ABS, Repo, global equities, high yield bonds and loans, and built out a multi-asset alternatives portfolio that included investment in best-of-breed hedge funds.
Michelle was born and raised in Texas, where she was recognized as a standout student-athlete in high school, as well as a young scholar attending the Texas Academy of Math & Science at the University of North Texas for early college admission. She went on to earn a BBA in Accounting from the University of Texas and an MBA in Finance & Strategy from Southern Methodist University. She has been a guest lecturer at the Interdisciplinary Center/Reichman University and is a graduate of the Director's Course at Tel Aviv University.
Global Client Relationships
Kory is Head of Investor Relations at Exigent and brings over 30 years of multi-disciplinary experience to the firm. He is responsible for leading the communication strategy that support the firm’s diverse investments. In his role, Kory interacts with the firm’s investors and investment counterparties.
Kory began his career in 1989 at Edmund Safra's Republic National Bank of NY, where he was responsible for developing tailored investment strategies for high-net worth individuals and families. In 1998, he moved to Israel and joined the top-ranked equity research team at Goldman Sachs, where he covered the emerging technology sector. Kory has also held positions in a multi-national technology company as Vice President of Business Development and Operations and Chief of Staff of the CEO of an international investment company with activities in real estate, financial services, and resource infrastructure. Most recently, Kory worked at a multi-billion-dollar family-office in Tel Aviv, where he managed global investment portfolios covering traded securities and alternative investments.
Kory was born and raised in New Jersey and earned a degree from Yeshiva University. He and his wife founded ATARA, an organization devoted to ensuring the successful integration into society of at-risk young women who have grown up in the foster-care system.
Elias is a Managing Director at Exigent and brings over 18 years of operational experience to the firm. He is responsible for deepening and broadening relationships with our strategic partners on a global basis, including business development. Additionally, he serves as a deputy to the CEO where he is involved in strategy execution across numerous verticals.
After completing his bachelor's degree with honors in Economics and Statistics from Mumbai University in mid 2000's, Elias began his career at Arthur Andersen, where he joined their Banking and Financial Services Group. After a 2-year stint at Andersen he went on to earn his MBA from The International Management Institute, with dual specialization in Finance and Marketing. Elias was recruited by BNP Paribas, where he had a decade-long career spread across multiple global locations. At BNP, Elias was identified as a global top talent and nominated to join the elite Centrale Inspection Générale based in the Paris HQ. In his last position at the bank, Elias served as the Head of Business Development and Strategy for the India operations reporting directly to the Head of Territory.
Most recently, Elias headed the Corporate Development and Institutional Business verticals at Our Crowd, where he successfully helped the company raise investments from marquee global institutional investors and established over a dozen institutional partnerships.
Elias was born and raised in India.
Alternative & Direct Investments
Nili is a Director at Exigent and brings over 20 years of buy-side investment management experience to the firm. She is responsible for underwriting and managing Exigent's alternative and direct investments.
Nili began her career in 2000 as a financial analyst at an Israel-based technology company. In 2001, she moved to New York to join a multi-strategy hedge fund where she was responsible for research and asset-monitoring. In 2006, she joined Lehman Brothers as a senior associate in their structured investment division, where she managed over $1bn of CLOs and structured credit investments. Following the credit crisis, Nili was retained as part of a small team to oversee the bank's balance sheet, where she was directly responsible for unwinding over 150 complex CLO and international derivatives transactions. In 2014, she was promoted to Senior Vice President and oversaw the unwind of an additional $3bn in complex illiquid investments.
Nili was born and raised in Israel and earned a degree from Tel Aviv University and an MBA from Columbia Business School in New York.
Eric is a Director at Exigent and brings over 25 years of financial management and reporting to the firm. He is responsible for accounting and reporting of Exigent’s investments, and in that role manages relationships with third-party service providers and supports investor relations.
Eric began his career in 1995 as an accountant at Deloitte. In 1999, he became a senior financial consultant at MetLife, where he gained experience in a number of departments. In 2003, he joined Deutsche Bank as an Associate Vice President where he worked on financial forecasting for the bank’s infrastructure technology business. Between 2005-2014 Eric held a variety of senior positions, including Chief Financial Officer, at a number of boutique investment firms and family-offices focused in the real estate sector. In those positions he was responsible for annual reporting, budgeting and forecasting, treasury and balance sheet management and corporate strategy. In 2014, Eric became Deputy CFO of ION Asset Management, a large multi-strategy hedge-fund in Israel, where he led reporting, audit, regulatory and tax matters.
Eric was born and raised in Miami Beach, Florida and earned a degree from Yeshiva University in Accounting and Art.
Platform Operations Security
Elisha is a Director at Exigent and brings over 20 years of technology management experience to the firm. He is responsible for technology stack solutions that support the firm’s investment activities, as well as data integrity and cybersecurity.
Elisha began his career as a content creator and technology solutions provider for a leading center of Jewish education. In 2013, he joined a leading research institute to lead website development, data conversion, and content translation under the auspices of an innovative digitization project. He has also worked at a technology solutions provider where he operated in multiple areas of technical support and customization including front-end programming and design, database optimization, and network troubleshooting and maintenance. In 2017, he became a full-stack web developer for a number of local not-for-profits.
Elisha was born and raised in California and earned a degree in Comparative Literature from the University of California, Berkeley and a Masters in Slavic Literatures and Languages from Stanford University.
& Executive Assistant
Dana is the Office Manager at Exigent and brings over 25 years of experience to the firm. In addition to managing the office she provides administrative and technical support to the firm’s senior executives.
Dana began her career in 1998 working at a boutique pharmacy in the UK. In 2001, she joined a leading retailer with over 700 stores where she was responsible for supporting a variety of front and back-office functions including in technology and finance. In 2004, she joined The General Pharmaceutical Council where she led efforts in quality assurance, staff recruitment and training, publishing trade materials, curating events, and supporting primary business functions. In 2015, Dana joined a leading technology solutions provider in Israel, where she supported all major business functions including accounting and customer support.
Dana was born and raised in the UK and earned a degree in Sociology and Psychology from the City University of London and a Professional Diploma in Management from the Open University.
Mendel is a Research Analyst at Exigent. He is responsible for sector research, as well as quantitative analytics and risk-assessment modeling across our investment portfolio.
Mendel, who was born in the United States and raised in Israel, graduated at the top of his class from the Jerusalem Institute of Technology with a degree in Business Administration. He recently completed the CFA Level II.
ex-i-gent | /ˈekzəjənt/
pressing; demanding; requiring urgent attention.
Welcome to our website (the "Site"). Before further accessing the Site, please read these Terms and Conditions carefully. The Terms and Conditions govern your access and use of the Site, including any information, product and other content included on or through the Site (the "Site Information"). These Terms and Conditions constitute a binding agreement between you and Exigent ("Exigent").
BY USING THE SITE, YOU ARE AGREEING TO FULLY COMPLY WITH THE TERMS AND CONDITIONS. IF YOU DO NOT AGREE TO FULLY COMPLY WITH THE TERMS AND CONDITIONS AS STATED HEREIN, AND AS MAY BE UPDATED OR MODIFIED FROM TIME TO TIME, YOU ARE NOT AN AUTHORIZED USER OF THIS SITE AND YOU SHOULD EXIT THE SITE IMMEDIATELY. The Terms and Conditions are in addition to any other agreements between you and Exigent or its affiliates, including but not limited to any customer or portfolio management agreements and the confidentiality terms applicable to the password protected area of the Site and any documents or information available there.
If you have any questions about these Terms and Conditions, contact us before you access any other portions of the Site.
SECURITIES LAW DISCLAIMER
Under no circumstances, should any information presented on this website be used or construed as an offer, or solicitation of any offer, or other form of invitation or inducement, by Exigent to sell or buy any securities or other investments, or to provide advice regarding investments. Offering materials relating to investments in entities or accounts managed by Exigent are made to qualified individuals and institutions only and not by general solicitation to the public. Nothing on the Site is intended to be, and you should not consider anything on the Site to be, investment, accounting, tax or legal advice.
PAST PERFORMANCE IS NOT AN INDICATION OF FUTURE PERFORMANCE
Information on the Site that is provided to offer a general account of Exigent's activities shall not be interpreted as offering a market view.
You agree that you will not cause or attempt to cause any damage to the Site or its security, including but not limited to changing any Site Information. You may receive a password to access certain non-public areas of the Site. You are solely responsible for the confidentiality and security of your password. You are not authorized to share your password with any other persons or entities. You accept full responsibility for any use of your password and Exigent is not required to determine the authority or propriety of any use of or action taken under your password. If you are aware of or suspect any actual or possible loss, theft or unauthorized use of your password, you must notify Exigent immediately. Exigent is not responsible for any loss or damage resulting from your failure to comply with these provisions, including from any unauthorized use of your password.
INTELLECTUAL PROPERTY AND PROPRIETARY RIGHTS
The Site is protected by one or more copyrights, patents, database rights, trademarks, servicemarks and/or other intellectual property and proprietary rights that are owned by Exigent, its affiliates and/or third parties. In particular, "Exigent," "Exigent Capital Management" and the Exigent logo are trademarks of Exigent. You are not permitted to publish, transmit, or otherwise reproduce any Site Information, in whole or in part, in any format to any third party without the express written consent of Exigent, provided that you may download, copy and print information, materials and any other aspect of the Site (i) solely for your personal informational purposes and (ii) provided neither the materials nor any proprietary notices or disclaimers thereon are modified or altered. You may discuss information that you learn from the Site with your financial, legal or tax advisors, and others with whom you share investment decisions, provided that any confidential information may be discussed only to the extent permitted by and pursuant to the terms of any applicable confidentiality agreements.
THIRD PARTY REFERENCES, SITES AND CONTENT
The Site may contain references to names, marks, products or services of third parties, hypertext links to third party sites or other third-party information. Links to any third-party sites are provided for convenience only, and any such references do not constitute or imply an endorsement, sponsorship, affiliation with or recommendation of the third party, information, product or service by Exigent. Exigent and its affiliates do not make any warranties or representations about any third-party site you may access through the Site. If you click on a hypertext link on our Site that directs you to a third-party site, you may not be warned that you are leaving our Site. If the Site contains any information provided by a third party, we do not confirm or warrant the accuracy of such information or endorse any statements or opinions of such third party.
We may change any Site Information, or discontinue the Site, without notice. You agree that we are not liable for any action you take or decision you make in reliance on any Site Information.
MONITORING, INVESTIGATING AND RECORDING SITE ACTIVITY
We may in our sole discretion (i) monitor, investigate and record activity on the Site, (ii) report any activity that we suspect may violate any law or regulation to regulators, law enforcement officials or other persons or entities and (iii) issue warnings, suspend or terminate your use of the Site, deny access to all or part of the Site or take any other action that we deem appropriate. Your prior use of the Site does not confer any continuing right to access or use the Site.
SITE SECURITY; TECHNOLOGY PROBLEMS
Exigent makes no warranty whatsoever, express or implied, regarding the security of the Site, including with respect to the ability of unauthorized persons to intercept or access information transmitted by you through the Site. From time to time and for varying periods of time, some or all of the Site may not be available, may not function properly or may have and may cause to its users technological problems such as but not limited to computer viruses. We are not liable for any damage or injury caused by the performance or failure of performance of all or any portion of the Site. We are not liable for any defects, delays or errors in or resulting from your use of the Site. We disclaim liability for any interception of data or communications.
The Site is not intended for distribution to or use by any person in any jurisdiction or country where such distribution or use would be contrary to applicable local law or regulation. Exigent makes no representations or warranties that the Site Information is appropriate or permitted for use in locations outside of the United States of America.
DISCLAIMER OF WARRANTIES; LIMITATION OF LIABILITY
THE SITE IS PROVIDED "AS IS" AND "AS AVAILABLE." WE DISCLAIM ALL REPRESENTATIONS AND WARRANTIES, EXPRESS OR IMPLIED, OF ANY KIND WITH RESPECT TO THE SITE INCLUDING WARRANTIES OF MERCHANT ABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT OF INTELLECTUAL PROPERTY AND OTHER PROPRIETARY RIGHTS. WITHOUT LIMITING OUR GENERAL DISCLAIMER, WE DO NOT WARRANT THE AVAILABILITY, ACCURACY, COMPLETENESS, TIMELINESS, FUNCTIONALITY, RELIABILITY, SEQUENCING OR SPEED OF DELIVERY OF THE SITE OR ANY OF THE SITE INFORMATION. UNDER NO CIRCUMSTANCES, SHALL EXIGENT AND ITS AFFILIATES OR ANY EMPLOYEES, DIRECTORS, OFFICERS OR AGENTS (TOGETHER "COVERED PERSONS") BE LIABLE FOR ANY DIRECT OR INDIRECT LOSSES OR DAMAGES ARISING OUT OF OR IN CONNECTION WITH THESE TERMS AND CONDITIONS, THE USE OF THE SITE OR INABILITY TO USE THE SITE. THIS IS A COMPREHENSIVE LIMITATION OF LIABILITY THAT APPLIES TO ALL LOSSES AND DAMAGES OF ANY KIND (WHETHER GENERAL, SPECIAL, PUNITIVE, CONSEQUENTIAL, INDIRECT, INCIDENTAL, EXEMPLARY OR OTHERWISE, INCLUDING, WITHOUT LIMITATION, LOSS OF DATA, INCOME OR PROFITS), WHETHER BY STATUTE, LAW OR IN CONTRACT, NEGLIGENCE OR OTHER TORTUOUS ACTION, EVEN IF AN AUTHORIZED REPRESENTATIVE OF EXIGENT OR ITS AFFILIATES HAS BEEN ADVISED OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES. IF YOU ARE DISSATISFIED WITH THE SITE OR ANY SITE INFORMATION, OR WITH THESE TERMS AND CONDITIONS, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE SITE. YOU ACKNOWLEDGE, BY YOUR USE OF THE SITE, THAT YOUR USE OF THE SITE IS AT YOUR SOLE RISK. APPLICABLE LAW MAY NOT ALLOW THE LIMITATION OF LIABILITY SET FORTH ABOVE, SO THIS LIMITATION OF LIABILITY MAY NOT APPLY TO YOU. IF ANY PART OF THIS LIMITATION OF LIABILITY IS FOUND TO BE INVALID, INAPPLICABLE OR UNENFORCEABLE FOR ANY REASON, THEN THE AGGREGATE LIABILITY OF EXIGENT AND ITS COVERED PERSONS IN SUCH CIRCUMSTANCES FOR LIABILITIES THAT OTHERWISE WOULD HAVE BEEN LIMITED SHALL NOT EXCEED ONE HUNDRED DOLLARS (US $100.00).
You agree to indemnify, defend and hold harmless Exigent and its affiliates, agents, employees, directors, officers and third party sources from and against any and all suits, losses, claims, demands, liabilities, damages, costs and expenses (including reasonable attorneys' fees) that arise from or relate to (i) your use of the Site, (ii) your breach of the Terms and Conditions or any representation, warranty or covenant made by you in these Terms and Conditions or (iii) your violation of any applicable law, statute, ordinance, regulation or of any third party's rights.
MODIFICATIONS TO TERMS AND CONDITIONS
Exigent may, in its sole discretion and without notice, change, update, add or delete provisions of these Terms and Conditions at any time. Any such modifications will be effective at the time of posting on the Site. You are responsible for reviewing the Terms and Conditions periodically.
GOVERNING LAW; ARBITRATION
The Terms and Conditions shall be governed by and construed under the laws of the State of New York, without regard to its choice of law rules. Unless otherwise expressly noted, any disputes between Exigent and you under the Terms and Conditions shall be finally resolved in accordance with the rules then in effect of the American Arbitration Association and shall take place in New York City. The award of any arbitration panel shall be final and binding on the parties.
BY ACCESSING THE SITE, YOU ARE WAIVING YOUR RIGHT TO SEEK REMEDIES IN COURT, INCLUDING THE RIGHT TO A JURY TRIAL.
Except where expressly provided by Exigent, all comments and information submitted to Exigent through or in relation with the Site shall be considered non-confidential and the property of Exigent. Any comments and information may be used by Exigent in any manner it may choose in its sole discretion.
The headings and captions in the Terms and Conditions are for reference use only and do not define or limit, nor affect the construction or interpretation of, the Terms and Conditions or any of its provisions.
You may not assign or otherwise transfer the Terms and Conditions or any of your rights or obligations hereunder. Any purported assignment or transfer in violation of these terms is void. If any provision of the Terms and Conditions is found invalid or unenforceable, that provision shall be enforced to the maximum extent possible and the remaining provisions of the Terms and Conditions shall remain in full force and effect. The failure of Exigent to exercise or enforce any right or provision of the Terms and Conditions shall not constitute a waiver of such right or provision. The Terms and Conditions constitute the entire understanding, and supersedes all other understandings, between you and Exigent concerning the subject matter hereof.