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In 2005, subsequent to the Bachar Reform, Bank Leumi finalized the sale of Psagot to York Capital Management, a New York-based investment firm.
Under the direction of Roy Vermus as CEO beginning in 2006, Psagot grew to become Israel's largest investment firm through a series of strategic fund acquisitions.
Forbes Israel ranked Vermus the fourth most influential young Israeli in 2008.
York Capital sold its stake in the company (76%) to Apax Partners in 2010.
Altshuler Shaham sold the company to Value Capital controlled by Rani Zim in 2021 for 405m shekels.
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Zippia gives an in-depth look into the details of Psagot Investment House, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Psagot Investment House. The employee data is based on information from people who have self-reported their past or current employments at Psagot Investment House. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Psagot Investment House. The data presented on this page does not represent the view of Psagot Investment House and its employees or that of Zippia.
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