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Wilshire reaffirms intention to invest in Israeli VC funds.

Asia Africa Intelligence Wire

| March 09, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Batya Feldman

Wilshire Associates, an investment group founded in 1972, and still managed by founder, chairman and CEO Dennis A. Tito, is examining possible investments in Israeli venture capital funds.

Wilshire manages $2.5 trillion and provides investment consultancy and management services, including asset management, fund management, and analysts representing 400 organizations in 20 countries. Wilshire intends to invest in at least one Israeli venture capital firm that is now raising a new fund.

Amsterdam-based Wilshire Associates partners William Eric van Eesteren and Daniel E. Allen visited Israel …

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