Andy Kaye, a veteran of the finance industry, has joined Jerusalem-based OurCrowd as president and chief institutional officer. Kaye will work closely with OurCrowd founder and CEO Jon Medved in Jerusalem to help boost growth at the firm, the crowdfunding venture capital fund said in a statement.
Kaye has over 20 years of experience in the finance industry, working with some of the global investment banks. He has held positions at Robertson Stephens, as Israel CEO and head of two European industry groups, as well as at CIBC, where he was regional head of their investment banking operation in Israel. Kaye most recently spent five years in China as head of Asia for William Blair, followed by two years in London as managing director of EMEA Tech for Blair.
Kaye is “incredibly well known and respected in both Israel and in financial centers worldwide. We are fortunate that he is bringing his extensive network, relationships and considerable skills and energy to the OurCrowd family,” said Medved in the statement.
Kaye will be responsible for working with the growing number of institutions and family offices who are investing in OurCrowd’s funds and portfolio, the statement said. He will also manage the growth of OurCrowd’s global offices and distribution partnerships.
“OurCrowd is changing the face of venture capital investment and opening up this asset class to new players worldwide,” said Kaye. “I am excited by the challenge of helping to scale OurCrowd’s business among world leading investors, banks and wealth management platforms.”
OurCrowd, set up in 2013, has almost 17,000 investors from over 110 countries and has invested over $400 million into 110 portfolio companies and funds, according to data provided by the company. OurCrowd has had 13 exits to date, two IPOs and 11 acquisitions.