DTCP appoints Irit Kahan to MD and Head of Israel Office
DTCP strengthens global footprint by appointing Irit Kahan as new Managing Director in Israel, succeeding Guy Horowitz, who relocates to the Silicon Valley office. Guy Horowitz to play a significant role in fortifying the bridge between Israel and the US.
Tel Aviv, Israel / Hamburg, Germany, 29 October 2018 –DTCP today announced a change in its management team in Israel: Irit Kahan, who joined DTCP in 2015, succeeds Guy Horowitz as the newly appointed Managing Director of DTCP Israel. Guy Horowitz, Partner Venture Capital and former Head of DTCP Israel, relocates to DTCP’s Silicon Valley office.
“We are delighted to announce that Irit has been appointed Managing Director of Israel. Her excellent network within Israel’s deep-tech eco-system and numerous co-investors will enhance our ability to identify and serve companies in the country and will prove enormously valuable in further expanding our relationships inIsrael,” said Vicente Vento, CEO and Co-Founder of DTCP. “Guy Horowitz will continue to play a significant role in strengthening the bridge between Israel and the US. With his proven track record, Guy has been the driving force behind our success in Israel over the last years and he will be an important link between the DTCP offices in Silicon Valley and Tel Aviv.“
Prior to her new role, Irit played a key part in sourcing and leading the investments made in Israel and continues today on building out her own deal flow and leading the investment activity of DTCP Israel. Before joining DTCP in 2015, Irit was an Investment Manager at Vintage Investment Partners, a leading primary and secondary late stage fund. She started her career in Investment Banking at HSBC and J.P. Morgan and acquired her MBA at Columbia Business School.
Irit is very active in the local VC community as a high-profile and proven VC Investor. Together with Merav Weinryb of Qualcomm Ventures and Sivan Shamri Dahan of Qumra Capital, she founded an annual forum for female CEOs and Founders, Women Founders Forum, with the goal of advancing female founders in the industry. Irit added: “I’m honoured to head the Israel office during such an exciting time for the firm. I look forward to leading the next phase of DTCP’s growth in Israel.”
DTCP has had a strong presence in Israel since 2015. During that time, DTCP invested in SafeBreach, Morphisec, AppsFlyer, and Dynamic Yield, as well as Replay Technologies, which was acquired by Intel in 2016, and FireGlass which was acquired by Symantec in 2017.
DTCP is an investment management group with c. $1.6 billion assets under management and advisory from Deutsche Telekom and other institutional investors, and a portfolio of over 60 companies. The group is dedicated to providing venture and growth capital, special situation investments, and advisory services to the technology, media and telecommunication sectors. It operates and invests in Europe, the US and Israel. To learn more about DTCP, visit www.telekom-capital.com or @TelekomCapital on Twitter.
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