US BIL­LION­AIRE TO IN­VEST IN HIGH-TECH

The Jewish Chronicle - - WORLD NEWS -

AN AMER­I­CAN bil­lion­aire and hedge fund man­ager has pledged to in­vest mil­lions of dol­lars in Is­rael’s high-tech in­dus­try.

Paul Singer, who runs the hedge fund El­liott Man­age­ment, has al­ready in­vested £13 mil­lion over re­cent years to cre­ate a non-profit or­gan­i­sa­tion, Start-Up Na­tion Cen­tral.

He now hopes to at­tract in­ter­na­tional in­vestors and of­fi­cials, and counter the Pales­tinian-led boy­cott move­ment.

The of­fi­cial lead­ing the foun­da­tion will be Eu­gene Kan­del, for­mer chair­man of the Is­raeli Na­tional Eco­nomic Coun­cil.

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