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)