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December 4, 2000
HERZLIA, Israel -- Delta Ventures LP has recruited David Schwartz as Senior Investment Manager. For the past seven years, Mr. Schwartz was Director of Business Development at ECI Telecom Ltd. (Nasdaq:ECIL), where he was responsible for mergers and acquisitions and strategic investments. Prior to joining ECI, he was the Eastern Seaboard Representative of the BIRD (Bi-National Industrial Research and Development) Foundation based in New York. Mr. Schwartz is a graduate of Columbia University and has an MBA from New York University’s Stern School of Business.
Delta Ventures is a venture capital seed fund that invests in innovative technology start-up companies primarily within Israel. The funds investments focus on information technologies that provide business solutions, Internet infrastructure and telecommunications. In addition to providing capital resources, Delta draws on a broad range of expertise and contacts to provide its portfolio companies with strategic direction, market position and managerial support.
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