The New York-based hedge fund managed to insert itself and other investors, including industry fund SunSuper, into the lucrative demutualisation in 2018 after Mr Finemore, who has invested in many exchanges and is a former ASX director, read about Tel Aviv Stock Exchange’s plans in a trade newsletter and within weeks was negotiating to take a major stake.
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Jemima Whyte writes on business, specialising in companies, capital markets and innovation. Jemima has reported on business for The Australian Financial Review for more than 13 years. Email Jemima at jemima.whyte@afr.com
