Daniel’s experience has been in building institutional quality asset managers to cater to the needs of professional investors.
Daniel began his career at American Express, and then moved on to ING Furman Selz Asset Management (IFSAM).
In 2003, Daniel joined JANA Partners LLC a SEC Registered Investment Advisor managing several Event Driven hedge funds and Separately Managed Accounts for institutional investors. Daniel spent close to eight years at JANA Partners and most recently as a Partner and Chief Operating Officer. During that period, as the fund grew from $600mm in assets under management to ultimately in excess of $8.5bn, Daniel successfully built out the infrastructure to manage JANA’s explosive growth and oversaw all business related activities of the firm both in the US as well as abroad.
Daniel has served on an Advisory Board for the Sy Syms School of Business as well as on the boards of a number of charities and institutions both in Israel and the US. Daniel has also spoken at Investment Management industry conferences.
Daniel is a graduate of the Sy Syms School of Business at Yeshiva University.
Where did you grow-up?
I grew up in New York City and started my career as an auditor at American Express/Goldstein Golub Kessler LLP working in their Financial Services division auditing Hedge Funds.
I spent two years at Amex learning the business from the inside-out. I was mentored by some of the top people in the field and worked with some of the most cutting-edge hedge funds, who were also the largest & most sophisticated players in their respective space. I became a licensed CPA with the AICPA and the NYSSCPA, where I sat on the Investment Management Committee.
As much fun auditing funds was, my goal was to jump to the private sector
So I left Amex and did a short stint at IFSAM where I was able to see the way a large & global institutional asset manager operated. When I left to join a smaller, yet growing, hedge fund investment advisor, my IFSAM experience helped develop my vision of what a world class asset manager should look like. When I joined JANA Partners, the Hedge Fund industry was beginning to mature as other institutional investors, such as pensions, family offices, insurance companies and other fiduciaries began to take notice. I began to build out the infrastructure to meet the needs of the maturing investor base and give them the comfort and transparency required. Along with my partners, we were successful in building a global business with offices in New York, London & Hong Kong.
My religion and family are of supreme importance in my life
As a result, my wife and I thought it best to raise our growing family in a country and in an environment wholly aligned with our Jewish tradition & values. So in 2011, we picked up and left the US of A and moved to Jerusalem. Initially, I was briefly consulting for JANA on the transition and managing my own capital. Over time, I began to see more and more opportunities in the tech space and became intrigued.
Ranan, then a friend of 20+ years, and now my Shefa Co-Founder & Partner, was helpful in getting my family settled here. Together, we engaged in daily religious study with our Rabbi in an effort to continuously better ourselves….and then we started a business together, with the bedrock being those values that define us; honesty, integrity, transparency, and above all us, the knowledge that whatever happens, it is from the hand of G-d. It was through Ranan that I met Moshe – and the rest is history.
There are only a handful of relationships that are so crucial that can truly impact one’s life. Business partners are one such relationship and I’m truly blessed to have partners that are family.