Eng / Heb


Sphera Funds Management ("Sphera") is an Israeli-based fund manager established in 2004.
Sphera and its affiliated entities are managing three separate hedge funds:
Sphera Fund - a long/short equity fund focused on Israeli and Israeli related equities.
Sphera Global Healthcare Fund - a long/short healthcare equity fund focused on the global pharma and biotech sectors.
Sphera Small Cap Fund - a long/short equity fund focused on small-cap Israeli equities.

Our main objective as funds managers is to generate long-term returns that consistently outperform the relevant benchmarks on a risk adjusted basis, as well as to preserve capital during market downturns.

Our investment strategy is predicated on fundamental and comprehensive research of companies, industries and macro trends.
Over the past decade we have accumulated a wealth of industry experience and developed rigorous and focused investment processes resulting in superior track record in all of our funds.



Doron Breen

Co-Founder and Managing Partner, Sphera Global Healthcare Fund

Doron Breen is a co-founder and managing partner of Sphera Funds Management. Prior to co-founding Sphera, Mr. Breen was with SF Group for six years in various positions. At SF Group, Mr. Breen managed the proprietary capital of the firm, along with Israel Mor, generating superior investment returns during that period. Mr. Breen was previously a managing director of SFG Leader International, the technology investment-banking arm of SF Group. Under his management, SFG Leader International advised clients on a large number of transactions, including public offerings, private placements and mergers and acquisitions. Mr. Breen holds a B.A Cum Laude in Computer Sciences and an M.A Cum Laude in Economics both from Tel Aviv University.


Ron Senator

Co-Founder and Managing Partner, Sphera Fund

Ron Senator is a co-founder and managing partner of Sphera Funds Management. Prior to establishing Sphera, Mr. Senator was Head of JPMorgan Chase Israel, responsible for investment banking activities and execution in the Israeli market. Mr. Senator had previously worked at JPMorgan Securities and SG Cowen in New York in various investment banking and advisory roles. He started his career at Gilat Satellite Networks (GILT) where he worked in a business development role. Mr. Senator holds a B.A. in Economics from Bar-Ilan University and an MBA from Yale University.


Israel Mor

Co-Founder and Managing Partner, Sphera Fund

Israel Mor is a co-founder and managing partner of Sphera Funds Management. Previously Mr. Mor managed Shrem Fudim (SF) Group's investment capital between 1996-2003, where he was responsible for securities trading, identifying and screening new investment opportunities, research, analysis and risk management. His investment style has consistently focused on Israeli-related securities. Prior to joining Shrem Fudim Group, Mr. Mor spent several years at Dikla Funds, First International Bank’s Mutual Funds Division, where he was a senior manager for investing and structuring fund assets. Mr. Mor started his career in 1978 at Bank Leumi where he spent 12 years in various investment advisory positions.


Ori Goldfarb

Chief Executive Officer

Ori Goldfarb joined Sphera Funds Management as its CEO in February 2015. Between 2010 and 2014 Mr. Goldfarb was CEO and a Board member of Credit Suisse Israel. Prior to Credit Suisse Israel, Mr. Goldfarb was a Managing Partner at BLSH Value Fund, a long/short systematic hedge fund. Between 1998-2007 Mr. Goldfarb held senior positions with Merrill Lynch Private Banking, initially as a Relationship Manager in New York, covering international markets and, starting in 2002, as Head of Private Banking at Merrill Lynch Israel in Tel Aviv. Mr. Goldfarb holds an MBA in Finance and Investments from The City University of New York and an LL.B. (Bachelor of Laws) from Israel's College of Management.