Israeli Billionaire Nacht Bets Big Money on Another Teva

Published: Nov 15, 2016

After helping turn computer security provider Check Point Software Technologies (CHKP.O) into Israel's biggest technology company, billionaire Marius Nacht is seeking to do the same in life sciences - and betting big money he'll succeed.

Nacht, who co-founded Check Point with Gil Shwed and Shlomo Kramer in 1993 and serves as its chairman, is raising a healthcare-focused fund of more than $100 million after investing tens of millions of dollars of his own fortune in a dozen such startups.

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