Itschak Shrem
Itschak Shrem (Hebrew: יִצְחַק שְׁרֵם; born 1947) is an Israeli entrepreneur and businessman with experience in the fields of investment banking, venture capital, finance, insurance and technology, among others; involving both public and private entities.Shrem started his professional life working in Clal Israel LTD – an Israeli conglomerate – holding various capacities, including Chief Operating Officer in charge of the group’s capital markets and insurance businesses.In 1993, he founded Pitango Venture Capital Fund, that over the years invested mainly in the technology industry and managed in 2016 more than 2 billion dollars.[citation needed] In 2005, Shrem was selected by the Korean Ministry of Communications to manage a 100 million dollars fund, investing in Israel and in Korea, together with a local partner.In the last few years Shrem served as a director in the Israeli Philharmonic Orchestra, and as a board member of the Tel Aviv Sourasky Medical Foundation, Weizmann Institute of Science and the Herzliya Interdisciplinary Center.