Shipowner Idan Ofer's Israel Corp has pledged to start investing again.
In a statement, it set out a new strategy to pump between $350m and $500m into companies over the next four years.
It is targeting Israeli and global firms with a proven commercial capability, not start-ups.
“The investment strategy will be based on the guiding principle of managing a calculated portfolio in a format similar to that of a private equity,” the company said.
