Ms. Ciehanover is a Managing Parnter at Challenge I and II and a member of the Funds' Management Committee

Prior to joining the Funds, Ms. Ciehanover served as a consultant at Intercon Inc., a New York-based investment and consulting firm specializing in the Entertainment Industry.

She previously worked as a corporate attorney with the firm of Proskauer Rose Goetz & Mendelsohn in New York. Ms. Ciehanover is a member of the Board of Directors of Sol-Gel Technologies and Export Investment Company Ltd.

Ms. Ciehanover holds an M.B.A. from Columbia University and an LL.B. in Corporate Law from Israel's Bar-Ilan University Law School and is a member of the New York and Israeli Bar Associations.