Markstone seeks partners for Prisma
TMCnet - The World's Largest Communications and Technology Community
TMC Launches New Sites ::  NGC  |  4GWE  |  Green Tech  |  Satellite  |  IT |  ITEXPO  |  Healthcare  |  Smart Grid  |  M2M  |  Smart Products  |  AstriCon News  |  SATCON News
TMCnet CHANNELS
#1 VoIP Enabler: Risk-free, Quick & Easy Deployment
Advanced Carrier Services
Appliance Deployment
ATCA
Auto Dialer
BPA (3rd Party Remote Call Monitoring)
Broadcast Modulator
Business Phone Systems
Business Process Automation
Business VoIP
Call Center
Call Center Certification
Call Center Digital Signage
Call Center Furniture
Call Center Hiring
Call Center Management
Call Center On Demand
Call Center Outsourcing
Call Center Scheduling
Call Center Software
Call Center Solutions
Call Center Training
Call Center Workforce Management
Call Monitoring
Call Recording
Communications Enabled Business Processes
Conference Call
Conferencing
Contact Center Headsets
Contact Center Software
CRM Software
CRM Solutions
DID/DDI
Digital Signage
e911
E911 Hosted Solutions
Email Archiving
Email Server
Enterprise Fax over IP
Enterprise VoIP
Ethernet Extender
Fax
Fax Over IP
FoIP
HD Conference
Hosted Contact Center
Hosted Exchange
Hosted PBX
Integrated Communications
IP Fax
IP Multimedia
IP Phone Maker
IP Phone System
IP Phones
IVR
Lead Management Software
Master Agent
Mobile Management
Mobile Unified Communications
Mobile Video
NEBS
Network Installation
Open Source CRM
PBX PCI Adapter
Phone Systems
Portable Satellite Antenna
Predictive Dialer
Sales Software
SATCON
SIP
Speech Recognition and Text to Speech
Telecom Cost Management
Telecom Expense Management
Telecom Lifecycle Management
Telecom Training
Telemarketing Software
Telepresence
Testing IP Services
Virtual Call Center
Virtual Office
Virtual PBX
Virtual Receptionist
Voice Broadcast
Voice Management
Voice Over IP
Voice Peering
Voicemail Replacement
VoIP Call Recording
VoIP Contact Center
VoIP Developer
VoIP Gateways
VoIP Monitoring
VoIPSwitch
Web Conferencing
Web Meeting
Wholesale VoIP
Wireless Expense Management
Wireless Management
Workforce Management
Workforce Optimization
Share
TMCnews
[May 21, 2007]

Markstone seeks partners for Prisma

(Israel Business Arena Via Thomson Dialog NewsEdge) Markstone Capital Partners Group LLC is seeking two or three partners for Prisma Capital Markets Ltd. Each partner would acquire 5-15% of Prisma, reducing Markstone's holding to 75%.

Prisma is Israel's largest investment house and mutual and provident fund management company, managing NIS 50 billion in assets.

Markstone is reportedly only interested in partners who can add value to Prisma. Markstone has been negotiating with Goldman Sachs Group Inc. (NYSE:GS) over the past year, but the talks have gone nowhere. Sources inform ''Globes'' that because of the slow pace of the talks, only two large international institutional investors have contacted Markstone with the idea of replacing Goldman Sachs as an investor in Prisma.



Until now, Goldman Sachs had a conflict of interests regarding Prisma because it advised Bank Leumi (TASE: LUMI) on the sale of its provident funds, which Prisma acquired. The sale was completed in January, eliminating the conflict of interest.

As Globes first revealed last week, Goldman Sachs' board will meet in Jerusalem in June. The subject of Prisma will probably come up for discussion.



Menorah Mivtachim Holdings Ltd. (TASE: MORA) will probably buy 5% of Prisma, as part of a comprehensive pension cooperation agreement. Menorah owns Israel's largest pension fund, the New Mivtachim Pension Fund. Prisma has no pension fund under management.

Published by Globes [online], Israel business news - www.globes.co.il - on May 20, 2007

Copyright of Globes Publisher Itonut (1983) Ltd. 2007

Copyright 2007 Globes, Source: The Financial Times Limited

[ Back To TMCnet.com's Homepage ]
Discussions:
Be the first to post a comment on this page!
 
By  
TMCnet
+ Add to the Discussion
Bookmark mobile.TMCnet.com on your mobile phone now to stay on top of the latest tech news.
TMCnet Videos
Featured White Papers
Featured White Paper RSS feed
10 reasons to switch to an IP PBX
Application Whitelisting: A new security paradigm
SCADA Systems Protection
view all white papers…
Top Stories
Today's TMCnet Top Stories and News Articles
Sprint Nextel Puts More Money into Clearwire for Next-Gen …
Digium CEO Danny Windham to Deliver Keynote Address at ITEXPO …
Microsoft Updates Microsoft Dynamics CRM Online, Adds Attractive Offer…
Smoothstone SIP Trunking Now Certified Interoperable with Avaya Aura
BrightCom Demonstrates Telepresence Solutions at Industry Conference
more of today's top stories...
Related VoIP News
Latest IP Communitions and VoIP News
Telchemy Ships More than 50 Million Units of VQmon
SuperNet of Ohio Launches New Hosted VoIP Service for SMBs
Ronco Distributes Ascom's Wireless Communication Products
AudioCodes Intros MSBG PLUS an Open Platform for Unified Communications
New Vodafone 360 Samsung M1 Handset Built on LiMo Platform Brings Rich, Personalized Mobile Experience to Customers

Subscribe FREE to all of TMC's monthly magazines. Click here now.