Tel Aviv, Israel and Shanghai, China, Tuesday, November 4, 2008 --- The Infinity I-China Fund, a private equity firm, announced today that it won two awards at the 2008 ASIA M&A ATLAS AWARDS Ceremony held at the Dongjiao State Guest Hotel in Shanghai, China. The awards include:
· Private Equity Alliance Award of the Year, CHINA for the fund’s participation in the $73 million investment in Digital China Information Technology Services, a spin-off of Digital China; and,
· Deal Achievement Award of the Year for the fund’s investment stake in China Medicine On-Line. Transaction size: 8 million USD.
The ASIA M&A ATLAS AWARDS is part of the M&A ATLAS AWARDS program for the mergers, acquisitions, and alternative investing industries. The annual Asia Pacific program honors notable deals, firms, professionals and leaders from the Asia Pacific region for their keen understanding of market complexities and supreme skills in executing deals valued in the range of over 3 million and less than 1 billion USD in size. Recipients are selected on the basis of principles of authenticity, objectivity and excellence. This year, the Asia M&A Atlas Awards recognized 23 winners for their outstanding achievements ranging from deals, firms, and individuals.
About the Infinity I-China Fund
The Infinity I-China Fund is the leading fund of Infinity Equity founded by Clal Industries and Investments Ltd. from the IDB group and SVG Group from Suzhou, China. Infinity Equity is currently managing more than US$600 million through three funds with a portfolio of 45 companies and 20 successful exits. The Infinity I-China Fund, Infinity’s second fund in China, is the first and largest fund that focuses on Israeli-Chinese related opportunities and serves as a bridge for Israeli-Chinese business initiatives and for other non-Chinese companies doing business in China. The fund has attracted high profile investors around the world, including IDB in Israel and the China Development Bank in China. The Infinity I-China Fund has a highly experienced international team at offices in Tel-Aviv, Hong Kong, Shanghai, Suzhou and New York. Fifteen of the fund’s professionals are based in China. The Fund is managed by Amir Gal-Or, Avishai Silvershatz and Fei Jianjang. Avi Fischer is the deputy chairman of IDB and the co- chairman of the Infinity I-China Fund along with Lin Xianghong, the CEO of SVG group. For more information: www.infinity-equity.com or please contact Marjie Hadad, media liaison at marjie@netvision.net.il or call +972-54-536-5220. | 
