Bull X Capital

What Bull X Capital does

Bull X Capital is an Israeli-domiciled, dollar-denominated long-strategy hedge fund focused on identifying long-term investment opportunities in publicly traded technology companies that are leaders, enablers, or beneficiaries of disruptive innovation. The fund's investment methodology has been active since 2017, and its stated thesis is that disruptive innovation tends to be mispriced by investors who over-emphasize sectors and short-term price movements. The fund is operated by two Managing Partners, Kfir Tishbi and Raanan Raz, both of whom served in elite IDF technology units and bring combined deep software-engineering backgrounds and prior senior financial-institution experience (notably Tishbi's six years leading the ABS/MBS technology group at Citigroup). The partners are personally invested in the fund, aligning interests with limited partners.

The fund operates as a private placement restricted under Israeli Securities Law to qualified clients: high-net-worth individuals meeting strict liquid-asset or income thresholds (e.g., liquid assets above ~NIS 8.1M), and corporations with shareholders' equity above NIS 50M or wholly owned by qualified investors. Israeli regulation caps participation at 35 investors per 12-month period. Subscription and redemption are processed monthly through a third-party fund administrator, and monthly performance, fee, and tax reporting is delivered through a trustee portal — providing on-demand liquidity unusual for a long-term mandate. Revenue is generated via monthly management fees and annual performance/success fees on fund AUM; specific fee economics are not publicly disclosed.

Distribution is direct and relationship-based, relying on the firm's website, downloadable newsletters and presentations, and personal contact (phone/WhatsApp). There is no public listing, no parent company, no subsidiaries, and no disclosed external institutional investors. The fund is essentially a two-person investment partnership operating in the niche of technology-focused long-term capital appreciation for Israeli qualified investors.

Name

Bull X Capital

Legal name

Bull X Capital

Website

https://bullx-capital.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Bull X Capital is an Israeli, dollar-denominated long-strategy hedge fund that invests in publicly traded technology companies benefiting from disruptive innovation, targeting qualified high-net-worth individuals and corporations under Israeli Securities Law.

Ownership category

akta.pro rank

Product category

Long-Equity Hedge Fund Management

NAICS

Other Investment Pools and Funds (5259)

akta.pro primary industry

Venture Capital Fund-of-Funds (FSANAGAC)

akta.pro secondary industries

Multi-Strategy Hedge Fund of Funds (FSAHAKAA), Single-Strategy Hedge Fund of Funds (FSAHAKAB)

Keywords

• Hedge fund management
• Technology equity investing
• Long-term capital appreciation
• Disruptive innovation investing
• Public technology equities

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Management Fees: Monthly management fees collected from fund investors
2. Performance/Success Fees: Annual success fees based on fund performance

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Bull X Capital operates a long-term, dollar-denominated hedge fund that invests in public technology companies identified as leaders, enablers, and beneficiaries of disruptive innovation. The fund targets qualified Israeli investors (high-net-worth individuals and qualifying corporations) and charges monthly management fees plus annual performance/success fees, with monthly subscription and redemption cycles through a fund administrator.

Product overview

Bull X Capital operates as a single unified investment product — their hedge fund. The fund is an Israeli dollar-denominated vehicle managed in dollars, focusing on public technology companies. The investment methodology has been active since 2017, with monthly investment and withdrawal cycles through the fund's administrator. The fund offers management fees and success fees mechanisms, with reporting provided to limited partners on a monthly basis through the trustee's portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Bull X Capital Hedge Fund A long-strategy, dollar-denominated hedge fund that invests in public technology companies identified as leaders, enablers, and beneficiaries of disruptive innovation. Available exclusively to qualified Israeli investors (high-net-worth individuals meeting Israeli Securities Law thresholds and corporations with shareholders' equity exceeding NIS 50 million). Offers monthly subscription and redemption through a fund administrator, monthly reporting via a trustee portal, and charges management fees (monthly) and performance/success fees (annual).

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Fund AdministratorcoreOthersProcesses monthly fund inflows and outflows. Handles investment subscription and redemption for limited partners.
• TrusteecoreOthersProvides partner portal access, issues monthly reports on investments, performances, fees, and yields. Handles tax withholding and payments to income tax authority.

Scale indicators2 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• ARK Invest: ARK Invest is a publicly recognized investment manager focused on disruptive innovation across public technology equities, with a long-term thematic thesis. Both firms share the core conviction that disruptive innovation is systematically mispriced by traditional managers, and both pursue long-only public-market exposure to leaders of technological change.
• Baillie Gifford: Baillie Gifford is a long-term, conviction-driven growth investor best known for its technology and innovation-focused funds. The shared approach — patient capital, willingness to underwrite multi-year disruptive innovation, deep fundamental due diligence on technology companies — makes Baillie Gifford a natural strategic comparable.

Regional players

• Psagot Investment House: Psagot is one of Israel's largest asset managers serving qualified (institutional and HNW) investors with diversified mandates. As a regional peer operating in the same Israeli qualified-investor market with comparable fee structures and regulatory positioning, Psagot represents the institutional competition for Bull X's investor base.
• Altshuler Shaham: Altshuler Shaham is a major Israeli investment management firm offering managed portfolios to qualified and retail clients. As a large, branded Israeli manager competing for the same qualified investor pool, it is a relevant regional comparable in distribution and product positioning.
• Meitav Dash Investments: Meitav Dash is a leading Israeli investment house providing asset management, brokerage, and alternative investment products. Comparable as an Israeli alternative-investment competitor serving HNW and institutional clients, though with a broader product set.
• IBI Investment House: IBI Investment House is an Israeli investment management and brokerage firm managing portfolios for institutional and qualified clients. As a domestic peer offering managed investment solutions to qualified investors, IBI is a comparable in the same regulatory and customer ecosystem.

Broad incumbents

• Fidelity Select Technology Fund: Fidelity's technology-focused mutual fund offers public-market tech exposure as part of a broad incumbent asset manager's product suite. While the delivery mechanism (mutual fund vs. hedge fund) differs, the underlying thesis of long-only technology investing for retail/qualified investors makes it a competitor for similar capital.
• T. Rowe Price Technology Fund: T. Rowe Price's technology fund pursues long-term growth in technology equities as part of a large, established asset manager. Comparable to Bull X in its long-term growth orientation toward tech equities, though it serves a much broader investor base with different liquidity terms.

Emerging players

• Gemini Israel Ventures: Gemini Israel is an early-stage Israeli venture fund with deep tech-sector expertise and IDF/Unit 8200 alumni networks overlapping with Bull X's founding team. Comparable as an Israeli tech-focused investment vehicle leveraging similar talent networks, though Gemini operates in private/venture markets rather than public equities.
• OurCrowd: OurCrowd is an Israel-based global venture investing platform offering accredited investors access to technology investment opportunities. Comparable in the Israeli qualified-investor, technology-focused investment space, though OurCrowd operates in venture/private markets while Bull X invests in public equities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bull X Capital