Former US envoy to Israel Dan Shapiro to join hedge fund

Former United States Ambassador to Israel Dan Shapiro is joining ION Asset Management, a hedge fund that focuses on Israeli and Israel-related securities, as a senior adviser.

Shapiro will “advise ION about key issues relating to its funds and portfolio companies, particularly regarding relevant geopolitical and commercial matters,” according to a statement.

Shapiro, who was appointed ambassador by former president Barack Obama in 2011, resigned on January 20 to make room for President Donald Trump’s appointee. He has chosen to remain in Israel for “a number of months” while his children attend school in Israel.

Then US ambassador to Israel Dan Shapiro seen at a fare-well session in the Knesset, on January 17, 2017. (Miriam Alster/Flash90)
Then US ambassador to Israel Dan Shapiro seen at a farewell session in the Knesset, on January 17, 2017. (Miriam Alster/Flash90)

Earlier this month, he joined the Tel Aviv-based Institute for National Security Studies, where he will participate in research programs on Israel-US relations, Israeli-Palestinian relations, the Arab world, and Israeli society and public opinion.

ION was founded in 2006 by Jonathan Half and Stephen Levey.

— JTA

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