A-6684 Capital, a Tel Aviv, Israel-based private equity firm focused on acquiring and actively managing operating businesses, has launched its first fund.
Total commitments currently in place amount to $15.17m, enabling the fund to initiate and pursue its investing activities upon launch. It intends to make additional allocations available to strategic co-investors on an individual investment opportunity basis.
Founded in 2018 and led by Mordy Rapaport, Chairman and CEO, A-6684 Capital purchases traditional and profitable businesses. The fund retains an agnostic investment approach regarding specific industries and sectors, while focusing on investment opportunities where general management is the predominant core competency required.
It will be seeking investment opportunities in the range of $8m to $16m, with the intent of acquiring control or effective-control of any such prospects.
The fund will be geographically focused on Israel at the outset, with the intention of expanding its investing activities abroad in due course.