Best investment bank 2025: Goldman Sachs
Goldman Sachs has been named the winner in the best investment bank category for Israel, showcasing a stellar performance in debt, equity and M&A throughout 2024.
A linchpin to this success was the bank’s orchestration of the largest-ever public market deal in Israel, an impressive $8 billion Israeli bond issuance. This historical transaction not only underscored its leading position in the market but also marked Israel’s formidable return to the international capital markets amid challenging economic climates.
In M&A, Goldman Sachs led a series of substantial transactions including the noteworthy take-private of Windward by FTV Capital, valued at approximately $271 million. This deal was significant for the premium it commanded, underscoring the strategic edge Goldman Sachs maintains in navigating complex market landscapes and enhancing shareholder value.
Additionally, Goldman Sachs topped Israel’s M&A and ECM league table for deals over $100 million.
The bank also demonstrated innovative deal structuring in equity capital markets, highlighted in its role in multiple high-value offerings including for Ormat Technologies and SolarEdge, raising hundreds of millions in capital and ensuring competitive terms even in difficult environments. These deals were well received, attracting substantial interest from diverse investor bases, which speaks volumes for Goldman Sachs’ ability to cater to market demand effectively.
Best investment bank for ECM 2025: Jefferies
Jefferies stands out as Israel’s best investment bank for equity capital markets (ECM), demonstrating exceptional proficiency in orchestrating large-scale financial operations across investment banking,
Its work in managing major equity transactions, notably the Pagaya $4 billion capital raise and the Phoenix $850 million share placement, underscores its market-leading strategies and execution skills.
In Pagaya’s capital raise, Jefferies exhibited its expertise by coordinating a multi-faceted $4 billion fundraising effort. The operation involved an array of financial instruments such as convertible notes, equity follow-ons, credit facilities and asset-backed securities.
Equally compelling was Jefferies’ role as the sole global coordinator and bookrunner in the Phoenix $850 million share placement. This transaction marked a significant milestone as the largest secondary follow-on in Israel since January 2018, directly involving major financial stakeholders Centerbridge and Gallatin Point.
These sophisticated, large-scale transactions managed by Jefferies not only reinforce their pivotal role in the Israeli market but also reflect a deep trust in their ability to guide significant capital movements.
