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ANEK CAPITAL

UNTAPPING ALPHA

SMID-cap Technology Research & Investment Firm

Derived from the Greek word "ανεκμετάλλευτος" (anekmetalleftos),  ANEK means "Untapped", reflecting our mission to discover and unlock potential value as long-term investors.

About Us

ANEK Capital was founded by Orel Levy, Ofer Sandler and Elad Benbaji.

At ANEK, Our strategy focuses exclusively on listed technology companies, particularly
SMID-cap companies that we firmly believe hold significant untapped potential.

We aim to deliver superior returns and risk diversification by building and managing a high-conviction portfolio,
maintaining an active management target of 70%, reflecting our commitment to
uncovering unique opportunities and achieving strong outperformance.

We invest in high-quality businesses that possess a substantial economic moat,
demonstrate strong double-digit growth, and exhibit superior capital allocation;
all while being priced reasonably to provide a margin of safety.  



We are long-only investors and do not engage in market timing, derivatives, or leverage,
as we
believe in the power of patience and foresight over short-term speculation.
 

Our confidence in the strategy runs deep; we’ve placed substantial personal capital into the firm,
aligning our interests with those of our investors and reinforcing true skin in the game.

Our TEAM

Orel Levy

Ofer Sandler

CEO

13 years of experience in technology as an entrepreneur and investor, CIO at Sandler Investments, delivering outsized returns. Managing a tech investment portfolio of $400M+ at Sandler Investments with holdings in over 50 private and public tech companies. Co-Founder, General Partner at two VC funds, Director at Nextvision (TASE; NXSN)
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Orel Levy

Orel Levy

Chief Research & Investment Officer

10 years of experience as a technology analyst and investor in capital markets, with a proven track record of successfully managing the Global Tech Fund at More, consistently delivering superior returns. Leading ANEK's research team, combining hands-on experience in technology companies with deep expertise in capital markets. MBA in London, Cambridge Alumni, BA in Economics
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Orel Levy

Elad Benbaji

General Partner

20 years of experience in capital markets. Co-Founder and Co-CEO at Blink Fintech (Tel Aviv Stock Exchange member) Ex-CEO of Investment and Securities at Excellence Investment House Lecturer at the Hebrew University Former Director, Tel Aviv Stock Exchange
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Management

Orel Levy

Orel Levy

Chief Research & Investment Officer

10 years of experience as a technology analyst and investor in capital markets, with a proven track record of successfully managing the Global Tech Fund at More, consistently delivering superior returns. Leading ANEK's research team, combining hands-on experience in technology companies with deep expertise in capital markets. MBA in London, Cambridge Alumni, BA in Economics
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Orel Levy

Amit Peretz

Research Analyst

Amit joined ANEK at its inception in 2024 as an analyst, specializing in software, semiconductors, and bottom-up TMT analysis. Prior to ANEK, he gained experience analyzing diverse business models as an independent analyst and contributor to various investment portals.
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Orel Levy

Idan Seri

Research Analyst

Idan joined ANEK Capital in 2025 as a Research Analyst, focusing on deep-dive fundamental analysis of technology companies. He brings a unique perspective from his decade-long career in law, where he specialized in commercial litigation and held in-house positions at private firms. His legal background provided him with deep expertise in due diligence, risk assessment, and understanding complex corporate structures and business models. Prior to joining ANEK, Idan served as a legal counsel at a multi-fund private equity firm specializing in international real-estate investments. Idan holds an LL.B. and an MBA, both from Reichman University.
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Orel Levy

Daniel Egan

Research Analyst

Daniel joined ANEK Capital in 2025 as a Research Analyst, focusing on technology and software investments. Prior to joining ANEK, Dan was an Associate in Investment Banking at Needham & Company, where he worked on M&A and equity capital markets transactions for Israel-based technology companies. He brings to ANEK a global perspective and deep analytical insight from his experience in the U.S. banking sector. Dan holds a Bachelor’s degree in Computer Science from Occidental College.
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Orel Levy

Asaf Gilboa-Amir

Research & Frameworks Pioneer

Asaf serves as an advisor at Anek Capital. Asaf has 20 years of experience working on cutting-edge technology-enabled businesses. Previously Co-head of research at Bridgewater Associates, Head of Product Management at Amazon's Prime Air Drone business, 2X venture-backed startup founder. He holds an LLM from Hebrew University Jerusalem and an MBA from Harvard Business School.
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Orel Levy

Gal Tal-Hochberg

Technology Pioneer

Gal serves as an advisor to ANEK Capital and is the Co-Founder and CEO of Beacon Security, a stealth cybersecurity startup revolutionizing how security teams use data. An entrepreneur with over 15 years of experience building and leading software companies, Gal has worked across cybersecurity, artificial intelligence, fintech, and blockchain. Before his current venture, he was Group CTO at Team8, supporting the creation and growth of multiple portfolio companies, and previously Co-Founder and CEO of Clear, an enterprise blockchain company serving global corporations such as Vodafone, Telefonica, and Deutsche Telekom. Gal also co-founded HiredScore, an AI-driven HR platform used by Fortune 500 companies, which was acquired by Workday for several hundred million dollars.
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rESEARCH & Investment

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Noa Reuveni

Head of IR&M

Noa joined ANEK Capital in 2025 as Head of Investor Relations and Marketing. Prior to joining ANEK, she spent three years with MASA, most recently as Program Director at Tlalim. Noa has extensive experience in resource development and donor relations within NGOs, alongside a strong background in marketing and communications. She holds a B.A. in Psychology and Business from Ruppin Academic College and is currently pursuing an MBA at Ben-Gurion University.
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Amit Ilsar

Operations

Amit brings over 20 years of experience in operations and administration within Israel’s capital markets. At ANEK Capital, she oversees all operational and administrative processes, ensuring efficient execution, compliance, and coordination across the firm’s activities. Amit leads back-office and operational functions for leading investment firms and provides tailored operational support to hedge funds and investment companies. She holds a BA in Management and Economics and an MBA in Business Administration with a specialization in Finance.
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Investor Relations

Asaf Gilboa.webp

Asaf Gilboa-Amir

Research & Frameworks Pioneer

Prev. Co-Head of Research at Bridgewater

  • LinkedIn

Amit Peretz Analyst

Daniel Egan Analyst

Idan Seri Analyst

Noa Reuveni Head of IR&M

Amit lIsar Operations

Gal Tal-Hochberg.webp

Gal Tal-Hochberg

Technology Pioneer

Prev. Group CTO at Team8

  • LinkedIn
Orel Levy

Orel Levy

Managing Partner, CIO

10 years of experience as a technology analyst and investor in capital markets, with a proven track record of successfully managing the Global Tech Fund at More,
consistently delivering superior returns.

Leading ANEK's research team, combining hands-on experience in technology companies with deep expertise in capital markets.

MBA in London and Cambridge
Alumni, BA in Economics

  • LinkedIn
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Ofer Sandler

Ofer Sandler

Managing Partner

13 years of experience in technology as an entrepreneur and investor, CIO at Sandler Investments, delivering outsized returns.

Managing a portfolio of $350M+ in technology, with holdings in over 50 private and public companies.

General Partner at two VC funds
Director at Nextvision (TASE; NXSN)

  • LinkedIn
Elad Benbaji

Elad Benbaji

General Partner

20 years of experience in capital markets.

Co-Founder and Co-CEO at Blink Fintech (Tel Aviv Stock Exchange member)

Ex-CEO of Investment and Securities at Excellence Investment House

Lecturer at the Hebrew University
Former Director, Tel Aviv Stock Exchange

  • LinkedIn
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