|
 |
|
|
 |
| 12 U.S. CEOs
Meet In Jerusalem |
LIFESTYLES MAGAZINE
ISSUE NO. 190
PRE-SPRING 2004
Dan Levinson, of Main Street Resources, a Connecticut-based
company, his partner, Marshall Kiev, and twelve of their investors
and operating partners, recently traveled to Israel to meet
with influential political and economic leaders. Although Main
Street only invests in small to midsize U.S. businesses, the
firm recognizes the importance of being a global citizen.
Led by Scott Korman, CEO of Best Manufacturing (a company that
Main Street Resources has invested in), the trip was part of Main Street Resources's ongoing commitment
to understanding its place in the global economy and the responsibilities
that come with being a part of it. During the intense seven-day
mission, the group was welcomed by an impressive roster of world
leaders, including former Prime Minister and current Finance
Minister Benjamin Netanyahu, Economist Pinchas Landau, Venture
Capitalist Yadin Kaufman, and Deputy Prime Minister and Minister
of Industry and Trade Ehud Olmert.
"The most important part of the trip, however," according to
Kiev, "was seeing the Bet Elazraki Children's home." According
to its founder, Yehuda Cohen, the government and private sector-
funded orphanage was established to "break the vicious cycle
of distress that has been a part of these children's lives."
Main Street is committed to educating other U.S business leaders
about Bet Elazraki's mission and to finding ways that support
the cause.
Main Street Resources is a non- controlling equity firm and generally commits
$2-10 million equity capital in transactions that include growth
fundings, equity financings and management buyouts. The marked
success and continuous growth of Main Street Resources's portfolio companies provides
a testament to the value of their unique investment approach
and business philosophy. Main Street Resources's management shares their success
by donating 10% of their annual compensation to charity.
|
 |
|
|
