Our team
Our team is made up of financial professionals drawn from right across the financial market including specialists in: economics, finance, accounting and technology. With this breadth and depth of experience and knowledge. We are able to offer a range of services that provide precise and nuanced analysis as well as carrying out services with accuracy and rigor.
Itzik (Isaac) Idan, CPA
Founding Partner
Itzik (Isaac) Idan, CPA, is a Founding Partner at ClearStructure
Itzik became a Certified Public
Accountant in 1983. He received his bachelor’s degree from the Accounting and Economics faculty at Tel- Aviv University and gained extensive experience in external and internal audit and financial consulting. An expert in debt restructuring, insolvency tests and complicated finance situations, with vast knowledge in Israel capital markets, corporate governance and accounting issues.
· Appointed expert by the Israeli court and financial expert appointed by institutional investors in the debt restructurings/Insolvency tests/distress situations of the vast majority in Israel capital market in Israel, Including, Inter alia: IDB Holdings and IDB Group, Africa Israel, Delek Group, All-Year holdings, Brookland Capital, Starwood west, Mirland development PLC, Plaza Centers, B Communications, Alon Blue Square Ltd, Kardan NV, Dori Group, Polar Investments, Matomy, Israel Petrochemical Enterprises Ltd and Elran Real Estate Ltd.
· Current and past experience as Board member or Public supervisor in several companies including: Discount Investments, Elron, Property & Building Corp and Mehadrin, Shufersal, Solomon real estate and Ubank Gemel.
· Working with and advisor to Governmental entities including governmental companies, Ministry of Finance – Accountant General, Ministry of Housing and Construction, Ministry of Industry, Trade and Labor.
· Working closely with Public Companies (External & Internal Auditor): Ludan Engineering Co. Ltd., Gindi Investments 1 Ltd., EZ Energy Ltd., Inter Colony Investments Ltd., Lesico, YSB Group, Automated bank services, Kamor, Ortam Sahar, Rosebud Real Estate, Aura Investments, Shafir Projects in Europe Ltd and Grand Centre Ltd, Gmul Investments, A. Levi Investment and Construction Ltd, Central European NV, Inventech Central Hotels Ltd, Medley Capital and Alon oil Group.
· Taking part in the supervision team of the Oil and Gas Partnership ‘Israel Opportunity’.
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Gil Finkelstein, Ph.D.
Founding Partner
Gil Finkelstein, Ph.D., is a Founding Partner at ClearStructure
Gil heads all the quantitative analytics and valuation projects, as well as all the research and development of technology and artificial intelligence at ClearStructure.
He is an appraiser and a quantitative analyst, specializing in financial modeling, valuation and risk analysis of various types of financial derivatives and complex structured corporate securities.
Gil has extensive knowledge along with hands-on experience in financial derivatives and structured financial products’ analysis. In 2006, he has established FVQA, an Israeli based workshop for quantitative finance applications.
Since then he has engaged in a wide range of valuation and risk analysis projects, including credit derivatives, structured corporate bonds, interest rates derivatives, ESOPs, complex corporate equity claims and others.
In 2016 Gil joined the financial risk fitness team, where he heads all the quantitative analytics and valuation projects.
Gil´s main clients include financial institutions, private and public corporations and governmental agencies, from Israel, USA, Australia, New Zealand and Germany.
Gil holds a B.Sc. in Industrial Engineering from the University of Tel Aviv, an MBA from the Hebrew University in Jerusalem and a Ph.D. in Quantitative Finance from the Hebrew University in Jerusalem.
Main areas of experience:
· Extensive knowledge and skills in the area of structural models for the sake of mapping complex capital structures and assessing financial risks, including market and credit.
· Extensive experience in deriving and applying quantitative financial model for the sake of pricing financial derivatives, including credit derivatives, interest derivatives, Fx derivatives and others.
· Extensive experience in deriving long term project finance models mainly in the area of real estate and infrastructure.
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Omer Serviansky, CPA
Founding Partner
Omer Serviansky, CPA, is a Founding Partner at ClearStructure
Omer has considerable experience in financing and financial consultancy, in debt restructurings and insolvency processes, in execution and writing of valuations and expert opinions in Court for companies in fields of diverse activities and in advisory for capital raising and public and private debt.
Omer is very familiar with the capital market and has knowhow and experience in accounting and financial matters and corporate governance.
Omer’s main fields of experience:
· Vast and unique expertise in the fields of insolvency and guiding complex liquidation events. He serves as a financial consultant for bondholders and for trustees and/or as a court-appointed expert in guidance, management and examination of debt arrangements in numerous bond companies including: IDB Development, IDB Holdings, Africa Investments, Delek Group, All-Year holdings, B Communications, Medley Capital, Alon Blue Square, Alon Oil Group, Kardan NV, Mirland Development, Brookland, Starwood West, Polar Investments, Matomy, Israel Petrochemical Enterprises Ltd, Gmul Investments, A. Levi Investment and Construction Ltd, Central European NV, Inventech Central Hotels Ltd, Elran Real Estate Ltd, Rosebud Real Estate, Aura Investments, Shafir Projects in Europe Ltd and Grand Centre Ltd, Plaza Centres NV, Dori Group, Kamor, Ortam Sahar, Ludan Engineering Co. Ltd. , Gindi Investments 1 Ltd., EZ Energy Ltd., Inter Colony Investments Ltd., Lesico, YSB Group, Automated bank services and more.
· Extensive experience in preparation and writing of valuations in diverse fields of activity and for various requirements (accounting, legal, taxation, transactions and more).
· Extensive experience as an expert witness in courts and in writing expert opinions within the framework of various legal proceedings.
· Extensive experience in supporting capital raisings (equity and debt) for public and private companies and guidance for merger and acquisition transactions. Amongst others he has
supported the raisings by Ayalon Insurance, Hachshara insurance, Gabay Menivim and Hamat.
· Extensive experience in preparing and writing business plans, benefits and compensation plans, amongst a range of other legal and commercial documents.
o Serves as a board member in several publicly traded companies, including: Discount Investments, Elron, Property & Building Corp and Mehadrin, Shufersal, Solomon real estate and Ubank Gemel.
o Taking part in the supervision team of the Oil and Gas Partnership ‘Israel Opportunity’.
o Major (on reserve duty) in the IDF Navy forces – graduated the Israeli Naval Academy, former commander of a Dabur Class boat and former head of the training course of deputy commanders of the vessel.
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Eran Almakis, CPA
Partner, Head of Accounting
Eran Almakis, CPA, Partner at the accounting firm I.Idan & co Accountants & Consultants.
Eran Almakis, a Certified Public Accountant as of 2013. a graduate of the Accounting and Economics Department at the Ruppin Academic Center.
Eran’s main fields of experience:
• Audit manager in a number of public and private companies, including the public companies: Lasico Ltd., Lodan Engineering Ltd. In charge of audit and assurance, as well as writing and editing financial statements.
• Performing and accompanying due diligence (accounting due diligence) accounting for private and public companies in the framework of purchase transactions and prior to an IPO for investors and underwriters.
• accompanying trustees and functionaries in their activities in insolvency cases such as Kamour Ltd., Inventec Central Hotels Ltd., City A.K. Holdings Ltd., Hadar Barama Ltd., Yamit Import and Marketing Ltd., Yanit Lingerie Ltd., Strawd West Limited.
• Served as head of finance and operations of an official appointed by the court in a private commerce company spread over 40 branches that face insolvency.
• Bookkeeping and financial operations experience, including constant tracking and reviewing of the accounting department, as well as monitoring the registration and filing to the authorities.
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Hadar Serviansky
Chief Technology Officer
As ClearStructure’s CTO, Hadar Serviansky leads our entire firm’s technological development. Hadar has comprehensive knowledge through years of experience developing AI models and Big Data. After earning his BSc in Computer Engineering from the Technion and MSc in Computer Science and Applied Mathematics from Weizmann Institute of Science, Hadar spent years working with both Microsoft and Apple on their software development teams.
• AI models of graphs and set data structures.
• Developing and applying Neural Network/Deep Learning models.
• Applying Quantitative Financial Models for pricing of financial derivatives.
• Analyzing complex capital instruments of pre-IPO companies and merger deals.
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Dudi Hadad
Senior Analyst
Dudi is a senior analyst at ClearStructure and specializes in: financial consulting, valuations, financial due diligence, and expert opinions. Dudi has extensive experience in valuations, building economic models, fair opinions and performing economic work for companies for a wide range of industries: including retail, insurance, infrastructure, real estate, communications, and technology, as well as economic works in various fields for statutory authorities and government companies.
Dudi’s main fields of experience:
• Valuations for companies in diverse industries, such as energy, infrastructure, retail, tourism, insurance, and more.
• Company valuations in line with the requirements of international, U.S, and Israeli accounting principle works such as Purchase price allocation, Goodwill Impairment Test as per IAS 36, and intangible assets valuations.
• Performing economic work for various statutory authorities, including the Israel Tax Authority and the Government Companies Authority.
• Building economic models for companies in the field of income-producing real estate and the field of residential real estate.
• Preparing an economic expert opinion in a variety of cases in the Family and Civil Courts, including preparing expert financial opinions in a variety of areas.
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