

Strategy:
Equity Strategies
Sector:
Banking
Transaction Type:
Recapitalization
Status:
Current
Investment Year:
2024
Geography:
US
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Israel Discount Bank of New York
Israel Discount Bank of New York (“IDBNY”), the largest Israeli-owned bank operating abroad, is a commercial bank providing a comprehensive range of banking services. It focuses on three primary areas: commercial banking, local private banking and international private banking, operating through branches in New York, Florida and California. In November 2024, Gallatin Point made a strategic investment of $150 million in IDBNY to support its long-term growth strategy and scale operations, enhancing its ability to better serve clients in the future.
