This week, I came across an article on the performance of the Israeli VC funds. The article depicts Carmel VC as the best performing fund with a return of 5.9% followed by JVP with a return of 3.5%... depicted in an overly optimistic article to my taste as I continued to critically read on. There are actually three funds being managed by Carmel: Carmel1, Carmel2, and Carmel3, and their performances are 5.9%, -24% and -4% respectively!
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