Appointment
Norwest Venture Partners appoints Jonathan Schwartz to support later stage investments in Israel
Norwest has $15.5 billion in assets under management and is focused on both early and later investment opportunities in Israel.
Norwest Venture Partners has appointed Jonathan Schwartz to focus on early to late-growth venture investments in Israel. Schwartz will be active across a wide range of sectors, with an emphasis on infrastructure, enterprise, and fintech.
Norwest manages $15.5 billion in assets, investing across North America, Israel and India. Historically, the fund’s Israel activity was focused on early stage, but it has now expanded to focus on later stage investments as well. To lead this effort, Norwest hired Assaf Harel last year in the U.S., and now Schwartz has joined to further strengthen the initiative.
The firm’s current fund (NVP 17) of $3B has deployed $700M to date since the middle of 2024.
Before joining Norwest, Schwartz worked at Ibex Investors, where he primarily worked with Gal Gitter on the Israel Flagship Fund, leading and supporting numerous investments across various sectors. Most recently, he led the fund’s investment in Minute Media in 2024 and held board positions at Groundwork, Xpand, and CarbonBlue.
Prior to that, Schwartz spent several years as a Tech Investment Banker at T.D. Cowen, covering fintech, payment technology, and digital assets, with a focus on public and private M&A advisory.
“Norwest has consistently demonstrated top performance in Israel over the last two decades. The list of companies and investors speaks for itself,” said Schwartz. “Joining this team and having the opportunity to help roll out the later-stage investment strategy is truly exciting.”
