Founded in 2020, 1L (“First Lien”) Investments is an Israeli Alternative Investments Credit fund investing in US of Collateralized Loan Obligations. The Company's primary focus is on leveraging innovative technologies to investing in ABS CLO structures backed by senior secured loans, with high historical recovery rates. 1L Investments manages funds for over 150+ leading Israeli Institutional Investors, prominent Family Offices, and High Net Worth Individuals. The Company was established by Eytan Shain and Yotam Shalev, former Senior Fixed Income portfolio managers and Financial Technology Entrepreneurs and Investors. More Investments (TASE: MRIN), one of Israel’s largest investment firms with $30B in AuM, acquired a majority stake in the firm in 2022.