Sphera Funds Management (“Sphera”) is a global investment firm that was founded in 2004. The firm manages six distinct long/short equity strategies & one real estate private equity fund from its offices in Tel Aviv. Sphera is Israel’s first and leading hedge fund 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.


Sphera strategy

Small Cap

Global Healthcare


Sphera Tech Startegy

Global Equities

Park-in (Private Equity)


Israel Mor (passed away)

Co-Founder & Chairman

Doron Breen

Co-Founder & Managing Partner

Ron Senator

Managing Partner, PM Sphera Strategy

Amir Levi

Managing Partner, CEO


Doron Breen

Managing Partner, PM Biotech & Healthcare strategies

Ron Senator

Managing Partner, PM Sphera Strategy

Nadav Zeller

Managing Partner, Co-PM Sphera Strategy

Avishay Hertzanu

PM Sphera Small Cap Strategy


Adi Hanetz

Chief Legal Officer

Eran From

Chief Revenue & Marketing Officer

Oshrat Levi

Chief Financial Officer & Chief Operating Officer


Lisa Liberman

Director Head of Private Clients

Assaf Yaniv

Senior Relationship Manager