Draft:Alan Feld
Alan Feld | |
---|---|
Born | Toronto, Canada | December 5, 1961
Nationality | Canadian and Israeli |
Education |
|
Occupations |
|
Known for | Founder and Managing Partner of Vintage Investment Partners |
Parents |
|
Website | Vintage-ip.com/Alan_Feld |
Alan Feld (Hebrew: אלן פלד) (born December 5, 1961) is a Jewish Canadian-Israeli venture capitalist, investor and nonprofit leader. Alan is the founder and managing partner of Vintage Investment Partners, the founder of the Power in Diversity initiative, and a Member of the Board of Governors at the Hebrew University of Jerusalem.
Alan is considered one of the founding fathers of the Israeli Venture Capital industry.
Biography
[edit]Early life and family
[edit]Alan was born and grew up in Toronto in a middle-class conservative Jewish family. His father, Ronald, was a medical doctor, and his mother, Judy, was a musicologist.
During Alan's childhood, his parents secretly helped smuggle Jews from Syria to Israel via New York, Turkey, and other countries. Alan's mother was awarded the Order of Canada, the Presidential Award of Distinction of the State of Israel, and honorary doctorates in Canada and the United States for her actions over nearly three decades, rescuing more than 3,228 Syrian Jews.
In 1973 Alan’s father passed away, leaving his wife with three children and the responsibility of taking care of Alan's grandmother and aunt. A year later, in 1974, Alan and his brother visited Israel for the first time and stayed in Jerusalem. [1]
Education
[edit]In 1983, At the age of 21, Alan graduated with a BA in Commerce and Finance from the University of Toronto. Alan later graduated a law degree (LLB) from Osgoode Hall Law School and an MBA in Strategy and Finance, both from York University.
Business career
[edit]Early career
[edit]In 1986, Alan began his career as a young capital markets lawyer in New-York, assisting Canadian companies prepraring to go public in the U.S. stock market. In October 1987, the capital markets crashed, and Canadian companies canceled their IPO plans."[1]
In 1990, Alan joined Goodmans LLP, a large corporate law firm located in Toronto, as an associate.
In February 1994, Alan left Goodmans LLP, Made Aliyah, and in July of that year, he joined Evergreen Capital Markets as a managing director. Two years later, in September 1996, as Yoram Oron founded Vertex Ventures, Alan joined the VC firm as a general partner. In 2000, Alan joined Israel Seed Partners.[2] After leaving Israel Seed Partners, Alan spent a couple of months in his colleagues' offices at Carmel Ventures, forming his new venture.[3]
Vintage Investment Partners
[edit]In February 2002, Alan decided to start Vintage Investment Partners as a secondary fund, following the Dot-com bubble burst, recognizing an opportunity to buying the holdings of disappointed tech investors. Vintage raised its first fund in 2003 and has since launched 15 additional funds, including: secondary funds, fund-of-funds, and growth funds, managing $ 4 billion in total capital as of November 2024.[4]
After The Abraham Accords in 2020, Alan participated in several delegations promoting cooperation between Vintage and Emirati organizations. He also took part and spoke at mutual conferences in the UAE.[5]
At the beginning of 2024, after researching successful generationl transitions in the VC industry,[6] Alan and Vintage decided that general partners who reach the age of 62 will not join new funds. As a result, it was decided that Alan would no longer invest in new funds raised by Vintage but would continue his involvement with current funds and investments.
Alan also holds the position of a senior advisor at Grovestreet, which manages over $10 billion in commitments from 14 investors across the globe via 46 separate accounts.
Non-profit organizations
[edit]During his academic studies, Alan was very involved in Jewish-related activities, serving as President of the North American Jewish Students Network and in 1985, as Associate Chairman of the Canadian Jewish Congress.
In September 2006, Alan began serving as a Member of the Board of Directors and Chairman of the Strategic Planning Committee at the Israel Democracy Institute.
In 2015, Alan completed his role as the chairman of the steering committee of the Be’eri project, which promotes pluralistic identity among Jewish-Israelis and operates in one-third of Israeli schools.[7]
In January 2019, Alan became a Board Member of BIRAD, the Research & Development company of Bar-Ilan University’s intellectual property assets for the public good.[8] A position he held for about 5 years.
In mid 2021, during the Jewish-Arab riots in Israel, Alan was one of the tech industry leaders who called for resolving the conflict by integrating Arabs and other diverse groups into the tech industry.[9] Alan frequently advocates for diversity in the tech industry in his lectures and interviews.
In January 2022, Alan joined the Board of Governors at the Hebrew University of Jerusalem.
Alan was also the founding chairman of StartUp Jerusalem, a non-profit organization run by Israeli and Palestinian businesspeople helping foster job growth in Jerusalem.[10] Alan is also on the advisory committee of the KamaTech Accelerator, which promotes Haredi startups.
Power in Diversity initiative
[edit]In January 2016, after nearly 10 years spent in various organizations promoting the integration of underrepresented groups, including: Haredim, Women, Arabs, and Ethiopians, into the local tech industry, Alan decided to found the Power in Diversity initiative.[11] The initiative builds partnerships between venture funds, startups, and non-profits, promoting greater gender, ethnic, racial, religious and other forms of diversity in the management and non-management teams of Israel-related startups. The initiative joined together over 60 VC firms and 170 startups from Israel to promote diversity and inclusion in the Israeli tech industry.[12]
In its early years, Alan served as the Chairman of Power in Diversity.
Personal life
[edit]Alan is married to Dr. LeeOna. They have five children and live in Caesarea, Israel.
Alan is a keynote speaker at tech and tech-related local and international events.
References
[edit]- ^ a b Gilead, Assaf (2023-01-29). "Alan Feld: Israel's tech sector barometer". Globes.
- ^ Jacoby, Ella (November 25, 1999). "Alan Feld of Vertex to Join Israel Seed Partners". Globes.
- ^ דאר, צורי (February 7, 2002). "אלן פלד, שעזב לפני כחודש את Isarel Seed Partners, בוחן אפשרות לפתוח מיזם השקעות חדש בתחום ה-VC בסיוע כרמל ונצ'רס". Walla.
- ^ Orbach, Meir (2024-11-01). "Vintage Investment Partners raises $200 million for its 4th growth-stage fund". CTECH.
- ^ Solomon, Shoshanna (2021-08-18). "As Israel, UAE ties come out of closet, businesses are abuzz with excitement". times of israel.
- ^ Feld, Alan (2024-01-24). "How to plan for general partner succession". techcrunch.
- ^ "Be'eri Newsletter" (PDF). April 2015.
- ^ "BIRAD Board of Directors". BIRAD.
- ^ Solomon, Shoshanna (2021-05-19). "'For we are brothers': Arabs, Jews in tech call for healing social rifts". times of israel.
- ^ גרסיאל, עדי. "מציון תצא גם תוכנה". ערוץ 7. Retrieved 23 June 2005.
- ^ Atzmon Schmayer, Irad (2021-01-29). ""If we want to build teams or organizations that are capable of innovation, we need diversity"". CTECH.
- ^ "Power in Diversity Report 2022" (PDF). 2022.