XT Group

XT Group is the London-based family office of Idan Ofer, one of Israel’s wealthiest individuals with a fortune estimated at approximately $10 billion. Ofer inherited and expanded the shipping empire built by his father, the late Sammy Ofer, and has diversified into energy, technology, chemicals, and sports.

Investment Strategy

XT Group manages a globally diversified portfolio anchored by several major operating businesses. Eastern Pacific Shipping, one of the world’s largest privately owned shipping companies, operates a fleet of tankers, dry bulk carriers, and container vessels. The shipping business generates substantial revenues and reflects the Ofer family’s multigenerational expertise in maritime logistics.

Kenon Holdings, listed on the New York Stock Exchange and Tel Aviv Stock Exchange, manages the family’s interests in energy (through stakes in power generation companies) and automotive (through ZIM Integrated Shipping Services). The family also holds significant interests in Israeli technology companies, chemicals manufacturing, and various real estate developments.

XT Group’s technology investment activities leverage Idan Ofer’s deep connections to Israel’s vibrant technology ecosystem. The family invests in Israeli startups and growth companies across cybersecurity, fintech, energy technology, and enterprise software, both directly and through relationships with Israeli venture capital managers.

How to Approach

Fund managers approaching XT Group should present strategies that align with the family’s core competencies in shipping, energy, infrastructure, and technology. Israeli venture capital managers and those with strong Israeli technology deal flow may find natural engagement opportunities. The London headquarters serves as the primary contact point, though the family’s Israeli and Singaporean networks are also relevant. The Ofer family values entrepreneurial thinking, global perspective, and managers with deep sector expertise in their areas of focus.