AMSTERDAM | TEL AVIV | October 7^th, 2020 – Award-winning global technology, media, and communications (TMC) investment bank Drake Star Partners announced today that Ruby Chen, a senior executive in the Israeli mobility ecosystem, has joined the firm’s global mobility vertical as Associate Partner. The global mobility activities of Drake Star show strong momentum in 2020 with the extension of the senior team in key mobility innovation hubs of Israel and San Francisco, further complementing the world-class Senior Advisor Mobility team and 6 high-profile mobility deals to date in 2020.

Ruby Chen has over 20 years of global deal-making experience, with a proven track record in initiating, leading, and executing strategic transactions at global, industry-leading companies. Most recently Ruby Chen led the Hyundai CRADLE Israel office, and built a strategic portfolio of 10 Israeli mobility investments, and gained unparalleled knowledge and expertise about the Israel mobility ecosystem. Prior to Hyundai, Ruby held senior corporate development positions at Amdocs (NYSE: DOX) and NICE (NASDAQ: NICE) leading cross-border mobility M&A, investment, and divestiture transactions.

Drake Star Partners said: “Strengthening our presence at the heart of the Israeli mobility ecosystem has been an objective in our mobility team for some time. We now achieve this by appointing Ruby Chen, who has unparalleled reach and deal execution in the Israeli mobility tech landscape. His experience and network in Israel will further solidify Drake Star Partners in the country.”

Ruby Chen, Associate Partner at Drake Star Partners, added: “I am excited to join such a global leading firm such as Drake Star, which will enable me to utilize my experience and the Drake Star network to the benefit of the Israeli autotech and mobility growth companies. The Israel ‘Start Up Nation’ has become a significant contributor to the global mobility & autotech sector, where more and more global investors and strategics wish to access this innovation via trusted global advisors.”

Drake Star Partners commented: “Tel Aviv is such a hot spot of innovation in general and especially for digitization of Mobility with Autonomous and Connected at the forefront. With Ruby we expanded the team to secure our presence in this fast-developing ecosystem. We always want to be closest to the latest innovation in Mobility, so after appointing Vitaly Golomb in San Francisco we now support Ruby in advising the entrepreneurs in Israel.”

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