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Businessman Erel Margalit join's Yachimovich's Labor party
Leading Israeli venture capitalist Erel Margalit has announced he would be running for a Knesset seat in the upcoming elections on behalf of the Labor Party.
Margalit is a veteran entrepreneur and founder of the JVP Fund. He joined the party in 2005. (Tzvika Brot, Ynet and Yedioth Ahronoth)
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