Pasternak Shoham Investments Ltd is an Israel-based boutique asset management and financial services firm that provides investment management, discretionary portfolio management, and mutual fund management services. Founded in 2010 and headquartered in Tel Aviv-Yafo, Israel, the company serves high-net-worth individuals, retail investors, corporate entities, and institutional clients across Israel and select international markets.
The company operates primarily through two core business divisions: Discretionary Portfolio Management and Mutual Fund Management. Its comprehensive product and service offerings include customized, discretionary portfolio management services for affluent private clients and institutions; equity-focused mutual funds; corporate and government fixed-income mutual funds; multi-asset and conservative balanced allocation funds; specialized mutual hedge funds; cash management and liquid asset solutions; and macroeconomic and capital markets research. In its fund management business, Pasternak Shoham operates primarily through an institutional hosting model, directing asset allocation and investment strategies while operational administration and trustee services are conducted in partnership with institutional platform operators such as Ayalon Mutual Funds Ltd.
In recent developments, Pasternak Shoham completed an initial public offering on the Tel Aviv Stock Exchange under the ticker symbol PSHM, raising approximately ILS 70 million at a post-money valuation of ILS 350 million with participation from strategic investors such as the Allied Group. To diversify its revenue streams and build cross-selling synergies, the company initiated a strategic expansion to deploy IPO proceeds toward acquiring a 50% equity stake in an insurance agency, facilitating entry into pension products, provident funds, advanced training funds, and life insurance distribution. Furthermore, the firm has achieved substantial growth in total assets under management across its managed portfolios and hosted mutual funds, bolstered by robust capital inflows and strong performance across its mutual hedge fund portfolio.