for generations to come

Generation is an investment fund in the energy and infrastructures sectors, traded on the Tel Aviv Stock Exchange since 2019. We mainly invest in infrastructure and energy companies and projects in Israel, which are at the core of the national activity, and provide essential services to the public and the economy, alongside the implementation of corporate, environmental and social responsibility principles.

Generation was founded in 2018 and is the first publicly traded infrastructures fund in Israel. As such, it is a pioneer in making the unique advantages of the energy and infrastructure sector accessible to the investing public – a developing area with high entry barriers, that is constantly growing along with the population growth and the increase in the standard of living. The investment areas benefit from low dependence on demand risks, stability in cash flows and revenues, as well as low correlation to the markets. These are all derived from the fact that national infrastructure projects benefit from government support, government protections and long-term contracts.

These characteristics are supported by our diverse investment portfolio in large, high-quality platforms that span a variety of fields within their respective sectors. All of this allows us to offer shareholders a solid investment platform with assets that generate high cash flows and stable long-term income. This is complemented by significant development and growth potential through platforms that cover all stages of the value chain.

Our Team

Generation is managed by a professional team with extensive experience in the infrastructure and energy sectors. The team is comprised of previous policy implementers in the public sector and leaders of successful, public and private energy and infrastructure companies in Israel. Our competitive advantage is reflected through the active management of the investments, and the fund team’s ability to influence, improve and enhance the assets, as well as optimize their performance.

יוסף זינגר - מייסד קרן ג'נריישן ויו"ר הדירקטוריון

Joseph Singer

Founder & Chairman of the Board

Erez Balasha

Founder and CEO

Eliav Pollack

Partner and CIO

Itay Peled

CFO

Baruch Saute

Legal Advisor and Fund Secretary

Moran Reznik

Chief of staff

Matan Elgarisi

Finance manager

Omri Stern

Head of Investor Relations

Oz Pravda

Investment Analyst

Naama Schneidman

Office Manager

May Flam

Personal Assistant

Liat Brown

Account manager

Rivka Meuman

Controller

Board members

Joseph Singer

Founder & Chairman of the Board

Erez Balasha

Founder & CEO, Director

Harel Beit-On

Director

Yuval Bronstein

Independent Director

David Baruch

Independent Director

Anat Kenan

Independent Director

Asher Greenbaum

Independent Director

Strategy and Investment Policy

We exercise a proactive investment approach, placing value creation and business entrepreneurship at the core of our strategy. This approach emphasizes active management, shaping, and leading the strategic principles within our portfolio assets. Our goal is to enhance and maximize investment returns, thereby creating value for our investors beyond the financial investment itself.

Our platform companies are at a significant stage in their development, featuring broad horizontal and vertical reach and numerous opportunities for expansion. Following the development and establishment activities undertaken in recent years, these companies now benefit from substantial growth potential and extensive entrepreneurial scope, supported by economies of scale, operational synergies, and reduced entry barriers, alongside high and stable cash flows

The main investment policy principles:

Stability of Assets

Diversification and selectivity in investments selection

Excess return

Impact ability on assets and investments

Sustainability in environmental and social issues

Full Transparency for investors

Stability of Assets

The fund’s anchor assets will be assets with stable, predictable and long-term cash flows that are fully or partially linked to the index. The assets include demand protections and state protections, with the aim of generating a stable long-term cash flow horizon for investors, which will be received as a long term dividend spread over years.

Diversification and selectivity in investments selection

An extensive diversification of assets among the various segments in the fields of infrastructure and energy is our guiding principle in choosing investments. We work to create a diverse investment portfolio, including assets with various risk profiles within each segment and with appropriate returns, while allowing the creation of excess returns.

Excess return

The fund’s unique activity model, through establishing platform companies, dominant in their field, enables the expansion of activity scopes in each of the segments to all stages of the value chain, and in accordance with the creation of profitability that can be generated from several levels in each project. This enables value unlocking and yielding surplus value through utilizing the synergy and scale economies. The platforms have project and operational assets that generate long-term cash flows, alongside a focus on entrepreneurship and development, and assets that are in the construction stages that carry a significant growth potential.

Impact ability on assets and investments

The fund works to make an impact on the invested assets by way of managerial activism, through involvement in the board of directors of the invested assets, appointing first-class managers and leading material processes in the various activities. Thus, with the aim of achieving continuous improvement in the performance of the portfolio’s assets, with an emphasis on growth in the scope of activity, improvement in operational performance and financial optimization.

Sustainability in environmental and social issues

The fund operates in areas that have a direct impact on the environment and on society. We are therefore committed to promoting sustainable principles in environmental and social issues, with the understanding that a responsible investment also means a better investment from the economical, environmental, and social aspects. Accordingly, the fund adopted an Environmental, Social and Governance (ESG) policy, and it incorporates environmental and social considerations in its investment policy.

Generation’s ESG

Full Transparency for investors

The fund has made its motto to maintain transparency for its investors, seeing them as stakeholders and full partners in its ongoing activities. We advocate having a constant dialogue with investors, while building trust and mutual growth-based relationships, in the pursuit of common financial goals.

More from generation

Generation’s ESG review

In recent years, we have developed and implemented a responsible investment policy that reflects the strategic importance of ESG (Environmental, Social, and Governance) factors for the fund and their long-term impact on investment performance

Learn more

Investor relations

Transparency to its investors is a core principle for us, and we view them as stakeholders and full partners in our ongoing activities. We advocate for continuous dialogue with investors, fostering trust and mutual growth, while striving towards shared financial goals.

Learn more