LP profile · Corporate
Migdal Insurance and Financial Holdings
Migdal Insurance and Financial Holdings is a corporate headquartered in Israel (Asia). Ranked #140 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Migdal was established in Jerusalem in 1934 by a consortium of local Palestinian Jews, families from Egypt and Italy, and the Italian insurance firm Assicurazioni Generali.
- Assicurazioni Generali initially held a 50% stake, providing crucial financial and professional support, and eventually increased its holding to 70%. Bank Leumi also held a nearly 10% stake in the company's early days.
Source of Capital
- Migdal's capital is primarily derived from its extensive insurance and pension operations, serving both individual and business clients.
- The company's financial asset management services also contribute to its capital base.
Major Events
- Eliyahu 1959 Ltd. holds a controlling interest of approximately 54.71% in Migdal Insurance and Financial Holdings Ltd.
Allocation Strategy
- No information available.