I.B.I. Capital – the benefits
Creativity
Our clients benefit from a individualized and creative approach designed to find the right solution for them.
Service
Our dedication and commitment to quality is at the heart of everything we do. We work on a one – stop shop basis and assign each client a personal client relations manager to provide ongoing support and advice through the process
Experience
We have a proven track record in management and operations and have advised hundreds of private, public and international companies on M&A and equity compensation transactions
Broad – based offering
We are a subsidiary of I.B.I. Investment House and as such we have access to the full range of services and solutions that our parent offers.
IBI Capital provides a unique service design to automate the process of new allocations to the company’s beneficiaries worldwide.
For more Info press here.
International companies frequently engage foreign brokers to manage their employee incentive schemes. In cases like these the tax regulations in Israel allow for the formation of a ‘supervising trustee’ arrangement enabling the company to make benefit awards to employees under article 102 of the Income Tax Ordinance without such assets having to be held in escrow by a local trustee.
Services to international companies:
- Building of work process for client and broker covering the administration of all types of equity award schemes (ESPP, RSU, RS, SAR)
- Trustee services administered under the Supervising Trustee arrangement in accordance with the relevant income tax regulations
- Operation and administration services including a bespoke equity compensation IT system
- Management of scheme members – local and foreign
- Management and employee guidance and support across all work processes, including on – site assistance and presentations
- Worldwide cash settlement services through the I.B.I. dealing room
- Calculation and withholding of tax, preparation of account statements and periodic reports.
- Professional advice and support on tax, legal and accounting issues.
Services to private companies:
- Trustee services in accordance with the relevant income tax regulations.
- Operation and administration services including a bespoke equity compensation IT system.
- Management of scheme members – local and foreign
- Management and employee guidance and support across all work processes.
- Access to advanced online information service and receipt of reports and information at company and option-holder level, digital signature enabling and other documentation and support services.
- Safe storage of share certificates issued in respect of exercised options.
- Advice on public listing, merger or acquisition and all other structural changes.
Services to public companies:
- Trustee services in accordance with the relevant income tax regulations.
- Operation and administration services including a bespoke equity compensation IT system.
- Management of scheme members – local and foreign
- Management and employee guidance and support across all work processes.
- Access to advanced online information service and receipt of reports and information at company and option-holder level, digital signature enabling and other documentation and support services
- Share dealing services on all markets and worldwide cash settlement services through the I.B.I. dealing room.
- Calculation and withholding of tax, preparation of account statements and periodic reports.
- Professional advice and support on tax, legal and accounting issues.
Grant letters and electronic signature
Services to international companies
Private clients
Services to private companies
Services to public companies
Bond issuance and credit facilities
- Opening of dedicated account for each transaction
- Advising and overseeing AML compliance
- Assessing compliance with financial covenants in accordance with trust deed
- Tax withholding and reporting
- Release of funds to beneficiaries or the supervision thereof if funds are distributed through the stock exchange clearing house
- Hands – on advice and support throughout the process from an expert team of layers, accountants and economists
Discrete asset holding services
I.B.I. Capital offers discrete holding services to clients holding cash, securities and other assets who wish to keep their ownership confidential.
The I.B.I. Capital name is loaned for this purpose and we are formally registered with the relevant public agencies (Registrar of Companies, Land Registry) as the owner of the assets and of the account in which they are deposit. We stress, however, that we are required by law to disclose the identities of such clients the Tax Authority and to the Israel Money Laundering and Terror Financing Prohibition Authority.
In December 2015 an amendment to the legislation was passed that reset the limits on securities trading by individuals.
Under this change, public platforms, other than market places, now give the general public the opportunity to invest directly in small and mid – sized businesses and projects, entities that were hitherto funded solely by banks and private equity.
The amendment builds on the recent growth in popularity of crowd funding and promotes investment in local industry by removing the barriers that were there before.
Poalim I.B.I. and Headstart have come together in a strategic partnership to launch a venture that marks the next phase in crowd funding – Fundit .
Fundit is a share dealing platform that brings together investors and entrepreneurs ensuring maximum exposure and visibility and minimal mediation. We bring together Headstart's knowledge and track record in crowdfunding and Poalim I.B.I.'s expertise in the financial markets.
A fair deal for everyone ? – absolutely!
Fundit is a P2P platform that represents a win – win situation for both the public and for ventures seeking capital.
Interested in investing? – Now anyone can invest directly in businesses and projects that were hitherto restricted to private equity. Retail investors buying shares through Fundit have access to professional input from investors with differing perspectives from a broad spectrum of professional backgrounds. This forum assesses the investment proposition and provides feedback on the Fundit platform, thus reducing the risk involved therein – if the proposition is considered 'unsafe' the transaction will not go ahead and the investor will not risk losing his capital.
Thinking of starting your own business? - Entrepreneurs no longer have to rely solely on the capital market and a single corporate investor with a controlling interest in their business. Instead they can raise capital from a broad range of investors interested in helping their ideas reach fruition.
How it works?
IBI Capital provides a unique service design to automate the process of new allocations to the company’s beneficiaries worldwide.
For more Info press here.
Securities vesting:
- Management of trusts in accordance with local securities regulations and the rules of the Tel Aviv Stock Exchange
- Opening of escrow accounts for shareholders at the I.B.I. custodian
- Tax reporting and withholding and issuance of tax withholding certificates to shareholders
- Share dealing services on all markets and worldwide cash settlement services through the I.B.I. dealing room.
Bond issuance and credit facilities
Discrete asset holding services
fundit
Grant letters and electronic signature
Securities vesting
Escrow services:
- Management of records relating to transaction assets
- Opening and management of accounts for each transaction involving a transfer of funds or securities
- Ensuring compliance with AML – related regulatory requirements on behalf of shareholders and stakeholders
- Tax reporting and witholding and issuance of tax withholding certificates to beneficiaries
- Dedicated manager for each transaction acting as the point of contact for beneficiaries and legal advisors
- Disbursement of funds in accordance with trust agreement and subject to achievement of agreed targets
- Preparation of progress reports for shareholders and beneficiaries
Paying Agent services
- Management of records relating to transaction assets
- Opening and management of accounts for each transaction involving a transfer of funds or securities
- Ensuring compliance with AML – related regulatory requirements on behalf of shareholders and stakeholders
- Tax reporting and witholding and issuance of tax withholding certificates to beneficiaries
- Dedicated manager for each transaction acting as the point of contact for beneficiaries and legal advisors
- Preparation of progress reports for shareholders and beneficiaries
Escrow services
עסקאות בניהולנו
Paying Agent services
Our Team
Tal Dori
Tal joined I.B.I. in 2010 and held a series of management roles before being taking up his current position as Chief Executive of IBI Capital. He brings extensive financial market experience covering areas such as portfolio and fund management, research and equity trading.
Tal has BA degree in Economics and an MBA, both from Tel Aviv University in addition to holding an investment portfolio management certificate from the Israel Securities Authority.
Adv. Tzvika Bernstein (CPA Isr.)
Tzvika is the founding partner of 102 Trust which recently merged with I.B.I. Capital. A veteran of the capital market with hands – on experience in advising M&A transactions and employee benefit plan design, he oversees all aspects of the professional administration of trusts including taxation, AML and general regulatory compliance. Before founding 102 Trust Tzvika held a senior role at the Israel Tax Authority where he was responsible for capital market regulation and employee benefits. He then went on to work at the law firm Herzog Fox & Neeman where he served as an associate with the firm's Tax practice.
In addition to founding 102 Trust, Tzvika has acted as adviser to the government on tax legislation and has also advised the banks sector on capital market - related issues. He also serves as board chairman at the independent supermarket chain AB Victory.
Tzvika is also a certified public accountant. He holds a BA in Accounting and Economics from Haifa University, an MBA from Tel Aviv University and earned his LL.B. from the Ono Academic College.
Yaniv Erlich
Yaniv Erlich joined IBI as a Principal in IBI Capital dealing with a wide variety of trusts, including applicable tax and compliance aspects. Yaniv joins from GKH law offices, where he was the partner leading the Tax Department, specializing in advice to clients on a wide range of complex domestic and international tax issues including cross border transactions, transfer pricing, trusts, equity incentives and disputes with the Israeli tax authorities.
Yaniv is a member in the Israeli Bar Association since 2006 holding a first degree (L.L.B), and an M.B.A (both with honors) from the College of Management and also holds a Post Graduate Diploma in Accountancy.
Daniel Arnon
Daniel brings 13 years' experience in trustee services and database management for companies that have equity – based compensation schemes for their employees. During this time he has advised and supported hundreds of companies in addition to having overseen the operations management in some of the largest mergers and acquisitions ever to have been concluded in Israel.
Before joining IBI Daniel worked at the top two trustee service companies in Israel (ESOP and Meitav Benefits) where he played an instrumental role in setting up and running the operational support for their services.
Daniel is responsible for the management of the operations interface with clients from product offering definition, supervision and implementation to database design and operation. His duties include the characterization and embedding of program management systems, delivering best practice in work procedures, and handling dealings with industry regulators, stock exchange members, brokers and dealing rooms.
Daniel graduated from the College of Management & Academic Studies in Rishon LeZion with an MBA.
Adv. Inbar Lavy Garfunkel
Inbar has over 8 years' experience in trustee administration of equity compensation schemes. During this time she focused in particular on taxation issues and her recommendations have since been adopted and implemented by both privately – held and public Israeli and foreign companies. She has also advised many M&A transactions. Inbar is in charge of regulatory affairs at I.B.I. Capital, a role in which she ensures trust administration services comply with article 102 of the Income Tax Ordinance and other taxation requirements.
Inbar also provides professional support for the full range of I.B.I. Capital services, including paying trustee and escrow management.
Inbar was admitted to the Israel Bar in 2006 and earned her LL.B. from the College of Management & Academic Studies in Rishon LeZion.
Zivan Blumberg
Zivan has 9 years capital markets' experience and was appointed to her current position four years ago.
Zivan earned a BA degree with distinction in Economics and Finance from the College of Management & Academic Studies in Rishon LeZion where she majored in finance, insurance and IT.
Bentzi Levy
Bentzi is an experience manager with 13 years' management experience in employee benefits, portfolio and database management, which he gained in senior management roles at a number of leading Israeli and international privately – held and public companies.
An Israel Securities Authority – licensed portfolio manager, Bentzi holds a BA degree in Economics and Management from the Academic College of Tel Aviv – Jaffa.
Peretz Suryano
Peretz has over 9 years' experience in equity trading and employee options management. Before joining I.B.I. he worked as client manager at a number of public and also privately – held companies, where his duties also included advising on the companies' flotation and subsequent share offerings on overseas markets and business relationships with Israeli and overseas stakeholders.
Harel Yaish
Harel worked as broker for 4 years, during which he gained extensive dealing experience with markets worldwide in a broad range of asset classes including Israeli and foreign securities, warrants and overseas bonds. He joined IBI as client manager two years ago.
Harel earned a BA degree in Economics and Finance from the College of Management & Academic Studies in Rishon LeZion where he majored in finance, insurance and IT.