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Investments

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Strategy:
Equity Strategies

Sector:
Banking

Transaction Type:
Recapitalization

Status:
Current

Investment Year:
2024

Geography:
US

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Israel Discount Bank of New York

Israel Discount Bank of New York (“IDBNY”), the largest Israeli-owned bank operating abroad, is a commercial bank providing a comprehensive range of banking services. It focuses on three primary areas: commercial banking, local private banking and international private banking, operating through branches in New York, Florida and California. In November 2024, Gallatin Point made a strategic investment of $150 million in IDBNY to support its long-term growth strategy and scale operations, enhancing its ability to better serve clients in the future.

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