Our Team

The Noy Fund team members have been in the forefront of infrastructure projects in Israel since the PPP model was first introduced to the market.

Collectively we have gained significant experience and expertise in all aspects of the infrastructure sector, from development through financing to managing infrastructure projects.

We have:

  • Managed the largest infrastructure projects in Israel;
  • Managed most of the major financial closings in Israel;
  • Performed due-diligence, and possess a deep understanding of all major PPP projects developed in Israel;
  • Developed complex EPC and O&M agreements and interfaces;
  • Raised capital for PPP projects worldwide;

 

Our wealth of experience and our close, long-standing working relationships with key market players provide us with a unique understanding of the needs of both the public and private sectors.

 

We bring our experience and know-how to each company in which we invest, enabling the successful execution of complex projects.

 

Meet our team:

Investment committee:

The Fund's investment committee includes the three partners of the fund, Pini Cohen, Ran Shelach, and Gil-Ad Boshwitz and two external members:

Legal advisor:

Pinchas (Pini) Cohen

Chairman

Pinchas (Pini) Cohen is the Chairman of the Noy Fund, with over 35 years of experience in the infrastructure sector. His prior roles include president & CEO of Africa Israel (TASE: AFIL), an international holding and investments group; Chairman of Danya Cebus (TASE: DNYA), the leading and largest international construction company based in Israel; Chairman of Derech Eretz (Concessionaire of the Cross Israel Highway, the first toll road in Israel); President & CEO of Arrarat Insurance Company, a full service insurance agency; and Chairman of America Israel, one of Israelӳ leading real estate development and investment companies. During his career, Pini managed the development, operation and sale of some of the largest infrastructure projects undertaken in Israel, including the Cross Israel Highway ($2 billion), Highway 431 ($500 million), a large governmental office complex, and the privatized prison. Pini holds a BSc in Industrial Engineering from Tel Aviv University.
Pinchas (Pini) Cohen

Ran Shelach

Managing Partner

Ran Shelach is a Managing Partner of the Noy Fund, with close to two decades of experience in PPP infrastructure projects. Prior to founding the Fund, Ran served as a Senior Partner and head of the Project Finance practice at TASC, one of Israel’s leading consulting firms, where he served as a senior advisor to the government and various investors in most financial closings undertaken in Israel including Cross Israel Highway, road 431, Hadera desalination plant and Jerusalem LRT, playing a major role in the development of the PPP practice in Israel. Earlier in his career Ran served as a credit officer in Bank Leumi’s Corporate Division. Ran holds a BA in Economics and an MBA from the Hebrew University.
Ran Shelach

Gil-Ad Boshwitz

Managing Partner

Gil-Ad Boshwitz is a Managing Partner of the Noy Fund, with vast experience in financing and executing infrastructure projects. Prior to founding the Fund Gil-Ad served as Head of Private Equity and Real-Estate at Amitim senior pension funds, the largest institutional investor in Israel, where he led the financing of some of Israel’s largest IPPs and transportation infrastructure projects. Prior to Amitim, Gil-Ad served as the Head of business development at “Etgal” holdings where he managed the development of CCGT plants and a large scale energy center project. Gil-Ad holds a BA in Economics, an LLB in Law, and an MBA, from Haifa University.
Gil-Ad Boshwitz

Talia Bar-Gil

CFO

Talia Bar-Gil serves as the CFO of the Noy Fund. Prior to joining the Fund, Talia served as the CFO of a private equity infrastructure fund; Senior Manager, Taxation Services at KPMG; and head of the Venture Capital Funds sector at the Israeli Income Tax Commission. Talia has significant experience in taxation, financial reporting and management of private equity and venture capital funds. Talia holds a BA in Accounting & Economics (CPA) and an MBA from the Hebrew University and an MA in Economics from Tel Aviv University.
Talia Bar-Gil

Idan Benosh

Investment Manager

Idan Benosh is an Investment Manager at the Noy Fund. Prior to joining the Fund, Idan served as a Manager at Ernst & Young Israel Transaction Services and an Associate at TASC, where he advised the Government and leading companies on a large number of Infrastructure projects. Idan specializes in financial engineering, model auditing and feasibility studies. Idan holds a BA in Economics and an LLB in Law from Tel Aviv University.
Idan Benosh

Itai Raanan

Investment Manager

Itai Raanan is an Investment Manager at the Noy Fund. In his previous role, Itai served as a Commercial Director for Siemens Concentrated Solar Power, managing the company’s global project financing and analysis activities. In this role, Itai was also in charge of Siemens's investment in the largest CSP BOT project in Israel. Prior to Siemens, Itai was an Associate Director at EPF, a London-based project finance advisory firm, where he led numerous global project finance, debt restructuring and equity placement transactions, focusing on the property and renewable energy sectors. Earlier in his career Itai worked as a consultant at Ernst & Young. Itai holds an MBA from London Business School and a BA in Economics and Business from The Hebrew University of Jerusalem
Itai Raanan

Ofir Amar

Controller

Ofir Amar is the Controller at the Noy Fund. Prior to joining the Fund, Ofir worked at KPMG specializing in the audit of investment funds and industrial companies. Ofir holds a BA in Accounting from the Israeli College of Management, CPA.
Ofir Amar

Mor Plonski

Administrative Manager

Mor Plonski is the Administrative Manager at the Noy Fund. Mor has close to a decade of experience in various administrative managerial positions. Mor holds a Bachelor's degree in Government and Society from Tel-Aviv Jaffa Academic College.
Mor Plonski

Zohar Shlomo

Shlomo Zohar is a member of the Noy Fund Investment Committee. Shlomo brings his wealth of experience and comprehensive knowledge of the capital markets to the Fund. Shlomo is licensed as a Certified Public Accountant with close to 30 years of professional experience in consulting to some of the largest corporations in Israel. Shlomo has previously led one of Israel’s premier financial institutions as the Chairman of Israel Discount Bank Ltd., Mercantile Discount Bank Ltd., Israel Discount Capital Markets & Investments Ltd., and Israel Credit Cards Ltd. Prior to joining Discount Bank, Shlomo was the managing partner at Zohar, Zohar & Co., CPA (Isr). Shlomo holds a BA in Economics and Accounting from Bar Ilan University, and an MBA from McGill University, Canada.
Zohar Shlomo

Gil Greshler

Gil Greshler is a member of the Noy Fund Investment Committee. Gil's extensive experience in numerous key positions in the Israeli capital market include Chief Investment Officer at Amitim Pension Fund, one of the largest institutional investors in Israel, Chairman and Director of various institutional investment committees, including, Investment Committee Chairman of the DS Provident Fund. Gil also serves as a lecturer and Head of Finance Concentration at the school of economics of the Israeli College of Management. Gil holds an MA in International Relations, Economics, and Business Administration from the Hebrew University.
Gil Greshler

Gil Raveh

Gil Raveh is the Fund's legal adviser. Gil is a founding partner at Raveh Haber & Co. Advocates and specialized in tax, investment funds and international joint ventures. Gil's investment fund practice focuses on formation and operation of investment funds, representation of institutional investors in their investments in investment funds and in the formation of feeder funds and parallel investment vehicles; representation of foreign gate keepers in their Israeli activity; and representation of Israeli entities in international joint ventures. Gil's tax practice focuses on international taxation, and representation of high net-worth individuals (including, in connection with trusts, cross-border inheritance and compensation matters, and pre-immigration planning).

Gil holds a B.A in Economics and a LL.B from the Hebrew university of Jerusalem and LL.M (tax) with Distinction from Georgetown University Law Center, Washington D.C
Gil Raveh