Klirmark

Klirmark Capital Group is an investment advisor specializing in global credit-driven and special situations, based in Ramat Gan, Israel. The firm employs a multi-strategy, multi-asset class approach, including distressed/stressed traded debt and direct special lending. It has raised approximately $1.8 billion across four funds, with its fourth fund securing NIS 2.7 billion ($730 million) in the first half of 2023 from local Israeli investors. Previous funds delivered IRRs of 14-20%. Klirmark serves institutional investors like Migdal Insurance, Clal Insurance, and Meitav, operating with 11-20 employees and an estimated annual revenue of $1.1 million, having been founded in 2009 by an experienced investment team. Its business model centers on raises capital from institutional investors to manage funds focused on special situations investments.