Displacements in the market eFinancial: About six months after it was announced that he was leaving his position as director of the investment house’s portfolio company Excellence, Benny Cohen joins the investment house Analyst. At the same time, Tamir Federer, who briefly managed the investments in the insurance company Shirbit, managed by Zvika Leiboshor, will leave it towards the end of the year and join the Excellence Investment House as the investment manager in his portfolio management company.
Today, the investment house analyst managed by Itzik Shnidovsky announced that Cohen (47) is joining the position of director of the investment portfolio management company. The analyst further stated that “in his new position, Cohen will also take part in the development of alternative investment products and additional investment solutions.” As part of his long tenure at Excellence, Cohen was also the VP of sales for the mutual fund companies of the home.
Itzik Schneidowski, CEO Analyst / Photo: Eyal Yitzhar
The person who replaced Cohen in Excellence is Itai Ben-Ari, who previously managed the alternative assets in Excellence and then also took over the portfolio activity. Freder, who will soon arrive at Excellence, will serve as the investment manager at the house’s portfolio management company. Excellence Investment House, which is owned by Phoenix, is managed by Hannah Hollander.
Hannah Hollander, CEO of Excellence / Photo: Inbal Marmari
Federer has extensive investment management experience. Prior to Shirvit, he was at Psagot, where he served until less than a year ago as Psagot’s VP of Provident and Pension Investments.
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