Oasis Investment Fund
October 2008
Oasis Investment Fund: Company Confidential | 1 OASIS: Our Vision
To Develop the Negev by Investing in Sustainable Business Opportunities
Oasis Investment Fund: Company Confidential | 2 Our Mission: To Bring the Centre to the Negev
Capital Unique Resources Competences National Priority Connections
Focus Skills
Experience & Motivation
Unique Value Creation Potential
Oasis Investment Fund: Company Confidential | 3 The Negev
• 2/3 of the area of Israel • Less than 8% of its population • 14% unemployment • 4.5% negative immigration • Unexploited assets
Oasis Investment Fund: Company Confidential | 4 Developing the Negev – a National Essential and Urgent Strategic Need
• A more balanced spread of essential assets towards the Negev will strengthen Israel
• Israel should leverage under-utilized natural resources existing in the Negev
• Developing the Negev will create a healthier national distribution
• Creating sustainable business opportunities in the Negev will mitigate economic and social gaps
Oasis Investment Fund: Company Confidential | 5 Social Venturing is an Ideal Instrument to Start Developing the Negev
Social Venturing Philanthropy
Social Return Small business loans Government incentives / subsidies
Private Equity
Financial Return
Oasis Investment Fund: Company Confidential | 6 Social Venturing: A Practical Solution…
Lack of economic activity Social Prosperity
Sustainable Negative migration Community of “strong” population Under Business Development Investment Opportunities
Influx of low socio-economic Positive migration of population. “strong” population
Poor integration Attractive job of new immigrants Opportunities
Entrepreneurship and Social Problems new economic activity Social Venturing Building Sustainable Business Opportunities in the Negev can turn the Cycle of Economic and Social Deterioration.
Oasis Investment Fund: Company Confidential | 7 Social Venturing: A Global Trend
United States: Rapid Growth – 1990s: Less than 10 funds. – 2007: More than 80 funds. Value of Assets – Over $1 billion in assets. More than 2.5 times the amount in 2000.
Oasis Investment Fund: Company Confidential | 8 The Right Time to Invest in the Negev
Government decision to build new Special Ministry for Negev and Galil training bases in “ir Habadim” Key issue for newly elected President Technological bases to be moved to Omer and Beer Sheva Existing Government policy Expected influx of professional Approved government budgets Government Support Transfer of IDF Bases army personnel and spouses
17,500 students at Ben-Gurion Toll road (No. 6) now reaches University (300% increase in less Qiryat Gat, soon close to Beer Sheva than 10 years) New railway to Beer Sheva and Dimona Approx. 170 Master and Phd New train stations planned students at Sde Boker institute Infrastructure Academic Successes Sapir Academy
“Import” of experienced heads of Clean-Tech / Green-tech regional councils Agricultural / Food Crisis Local festivals New housing projects Relevant Global Industrial Parks Local Initiatives Trends
Oasis Investment Fund: Company Confidential | 9 Leveraging Unique Negev Resources
Dead Sea Minerals & Chemicals High-Tech Industry Ben-Gurion University Transfer of IDF Bases BEER SHEVA Rotem Industries DIMONA
NITZANA YERUHAM SDE BOKER Traditional Industry Water Industry MIZPE RAMON
Eco-Tourism
Desert Agriculture Solar Energy Initiatives
EILAT
Oasis Investment Fund: Company Confidential | 10 Balanced Portfolio of Investment Areas
High
Solar Energy Early Stage Water Technology Technologies Start-ups Smart Agriculture Return Small scale Eco- solar energy Tourism power plants
Traditional Industries
Low
Low Risk High
Oasis Investment Fund: Company Confidential | 11 Investment Strategy
Negev Based Businesses, Social Impact: A Leveraging unique Negev Prerequisite Resources – Creation of jobs, local – Accessibility of land economic growth, economic overflow. – Large underground saline water reservoir – Measured by job supply, – Availability of specialty workforce (e.g. increase in Negev based IDF retirees) revenues, and growth in – Large number of lower wage new businesses unemployed, labor force – Desert landscape and history – Government subsidies/tax breaks – Leading academic institutes and highly skilled entrepreneurs – Sun (intensity and angle)
Oasis Investment Fund: Company Confidential | 12 Investment Strategy Compelling Business Significant Minority Proposition Stake – Clear business objectives – Existing strong management – 15-40% until exit team or ability of Oasis to bring – Ability to influence management one – Potential to deliver attractive Preferred Lead returns or Co-lead Investor 70-80% Existing – Syndication with strategic businesses; 20-30% pre- & financial investors seed / seed Israeli and foreign Hands-on Approach Corporates, Private Equity – Seeking board position firms and VCs by principals or mentors – Impact through active involvement management and mentors
Oasis Investment Fund: Company Confidential | 13 Professional Management Team Gideon Soesman: Co-Founder & Managing Partner Mr. Soesman has a solid track record in large scale Merger & Acquisition activities. Prior to joining Oasis, Gideon acted as Senior Director for global M&A activities at Royal Philips Electronics, where he lead acquisitions of > $ 1.5B and where he was responsible for corporate business development and venturing activities in Israel. Gideon holds a B.A. in Economics from the Hebrew University, Jerusalem and an M.A. in Business Administration, Boston University / Ben Gurion University of the Negev. He immigrated from the Netherlands to Israel in 1990. Ronen Gadot: Co-Founder & Partner Mr. Gadot is an established entrepreneur with proven senior management experience. Ronen has served as CEO at two medical startup companies, acted as Executive Vice President of SHL Telemedicine, and also held the position of Director of Business Development and Venturing at Philips Electronics. Ronen began his career at US based Silicon Valley companies. Ronen is a pilot in the Israel Air Force and holds a B.Sc. in Industrial Engineering, and an MBA from INSEAD
Lior Berger: Co-Founder & Partner Prior to co-founding Oasis Investment Fund, Mr. Berger served as a partner at Gemini Venture Capital Funds II, III and IV, one of Israel’s largest and most prominent funds. During his 10 year tenure, Lior managed significant deal flow and investment portfolios, performed hands-on involvement in portfolio companies, and served as a Director on the boards of several companies. Lior holds a B.Sc in Electrical Engineering, Technion. Lior and an MBA from INSEAD, France.
Shelly Shachar: Principal Mrs. Shachar brings in her broad experience from senior operational and managerial positions. Before joining Oasis, Shelly served as VP Sales & Marketing at Mafil Ltd., a leading supplier of printing solutions. Prior to Mafil, she managed “Faconnable”, a men's wear brand in Israel. Shelly holds an L.L.B degree in law and a BA in business from the interdisciplinary center. She is currently finalizing the Kellogg- Recanati international executive MBA program at the Tel Aviv University.
Oasis Investment Fund: Company Confidential | 14 Expert Advisory Board
Dr. Orna Berry Prof. Yaakov Neeman • Former Israel Chief Scientist • Former Minister of Finance • Chairperson of IVA • Former Minister of Justice • Venture Partner at Gemini Israel Funds • Founder & managing partner of leading • Established entrepreneur and CEO Israeli law firm Herzog, Fox, Neeman of several successful companies
Avraham (Baiga) Shohat Itsik Danziger • Former Minister of Finance, • Former president of Comverse Technology • Former Minister of National Infrastructures Group (CMVT, Nasdaq) • Former MK and chairman of finance and • Active board member of Israeli Venture economic committees Network (IVN) • Founder and former Mayor of Arad • Former member of the National Task Force for the Advancement of Education in Israel.
Oasis is supported by industry-expert mentors, each with successful hands-on business experience in relevant investment fields. These mentors will actively coach the portfolio companies
Oasis Investment Fund: Company Confidential | 15 Key Success Factors
Strong, professional and independent Team – Principals; Advisory board; Industry-expert mentors Experience & Motivation – Proven track record – Highly motivated to generate Social Change Well Positioned Regional Focus – Access to best opportunities in Negev, at low entrance price – No competition – Well Positioned to link Negev to financial markets and strategic partners in Tel Aviv and abroad Consistent & Focused Investment Strategy Right Size Good Vintage – no debt – “real” and “new” economy and preparing exits in time for market turn-around
Oasis Investment Fund: Company Confidential | 16 Oasis Investment Fund: Company Confidential | 17