Sigma P.C.M. Capital Markets Ltd acquired portfolio management business from Tamir Fishman Real Estate Fund Ltd (TASE:TFRE) for ILS 12 million on August 1, 2016. Under the terms of transaction, portfolio management operations will be integrated into Sigma P.C.M. Capital Markets Ltd’s operations, while Tamir Fishman Real Estate Fund Ltd will keep receiving incomes from the business in the next few years. The transaction is approved by The Israel Securities Authority. Lior Aharon and Ranan Zoren from Epstein Rosenblum Maoz acted as legal advisors for Sigma P.C.M. Capital Markets Ltd. Erez from Ben Naftali Erez & Co. acted as legal advisor for Tamir Fishman. Sigma P.C.M. completed the acquisition of portfolio management business from Tamir Fishman Real Estate Fund Ltd (TASE:TFRE) on August 1, 2016.