Sphera Funds Management (“Sphera”) is a global investment firm that was founded in 2004. The firm manages five distinct long/short equity strategies from its offices in Tel Aviv and New York and is Israel’s first and largest hedge strategy manager. The firm’s investment philosophy is based on a disciplined and repeatable process that is focused on fundamental investing and is overseen by experienced investment teams, currently consisting of over twenty professionals. Sphera’s investment approach is dedicated to pursuing strong, consistent risk-adjusted returns across distinct market cycles and macro events. The investment team is supported by a robust business and operational infrastructure that is led by experienced professionals. The firm has a diverse investor base that includes long-standing relationships with some of Israel’s largest and most prominent pensions, insurance companies, financial institutions and family offices.