K&L Partners
ADVISORY · RESEARCH · FINANCE
Financial and economic advisory grounded in rigorous research, practical experience, and deep knowledge of capital markets
Who We Are
Meet K&L
K&L Partners is a boutique advisory firm specializing in financial and economic advisory, research, and market analysis. We advise companies, investors, and public-sector entities on complex issues that require a combination of analytical depth, business understanding, and practical experience.
Our work draws on extensive professional experience in capital markets, the financial system, regulatory bodies, and leading consulting firms, alongside ongoing academic and research activity.
ADVISORY
Professional support in complex financial and business decision-making, from analysis through the formulation and implementation of recommendations.
RESEARCH
Economic and financial research combining data, advanced methodologies, and deep familiarity with capital markets and the financial system.
FINANCE
Expertise in finance, capital markets, economic assessments, and financial analysis, connecting financial analysis to business decisions.
Areas of Practice
01
Financial and Economic Advisory
Advising management teams, companies, and public-sector entities in formulating and making financial and economic decisions, combining quantitative analysis, market and regulatory expertise, and business understanding.
02
Capital Markets and Finance
Advisory on financing, capital structure, debt and equity markets, and funding sources, together with analysis of trends and developments in financial markets.
03
Research and Market Analysis
Data-driven economic and financial research, market analysis, and international comparisons to support decision-making, policy formulation, and understanding of market trends.
04
Supporting Companies in Investor Engagement
Developing the investor value proposition, preparing institutional-grade financial materials and presentations, analyzing investment structures, scenarios, and risks, and preparing management teams for investor discussions.
05
Financial Modeling and Analysis
Building models, evaluating scenarios, conducting economic assessments, and performing financial analyses that support business, investment, and financing decisions.
06
Financial Regulation and Risk Management
Supporting financial institutions and companies in addressing regulatory requirements, analyzing the implications of regulatory changes, formulating policies, and developing methodologies for financial and business risk management.
The Partners

Itay Kedmi, CPA
Itay brings approximately 12 years of experience in financial and economic advisory, research, and capital markets, combining experience from the private, public, and academic sectors. He served as a Senior Manager in KPMG's financial advisory practice, where he led projects in finance and banking. Previously, he held several positions at the Bank of Israel, including Head of the Macro and Financial Markets Team, where he advised the Monetary Committee and the Governor, and Research Economist in the Research Department, where he developed expertise in the real estate sector. Alongside his professional work, Itay teaches finance, is a PhD candidate at the Hebrew University of Jerusalem, and serves as Head of Financial and Capital Markets Analysis at the Phoenix Institute for Capital Market Research.

Dr. Guy Lakan, CPA
Guy brings approximately 12 years of experience in financial advisory, economics, and capital markets, combining senior-level experience in the private sector, public service, and academia. Over the course of his career, he served as a Senior Manager at Deloitte and as Head of the Economic Department at the Capital Market, Insurance and Savings Authority, roles in which he worked on complex issues involving finance, capital markets, financial regulation, and institutional investors. Alongside his professional work, Guy holds a PhD in Finance from the Hebrew University of Jerusalem, is a postdoctoral fellow at Northwestern University's Kellogg School of Management, and teaches at the Hebrew University Business School.
Media & Articles
Over the years, the partners at K&L have taken an active role in professional and public discourse on finance, capital markets, investments, and economic policy. This page brings together a selection of opinion columns, articles, interviews, and media coverage.
Videos & Podcasts
Who Decides Where Your Money Is Invested? – Fair Value | Episode 8
In the Media
Israel’s Capital Market: 2025 Review and Outlook
Opinion Columns
An Important Fix, but Not Enough: Barriers to Institutional Investment in Infrastructure and Real Estate Still Remain
Opinion Columns
Where Is the Regulator? The Capital Market Authority Ignores the Enrichment of Wealthy Pension Savers at the Expense of the Weak
Research & Analysis
The research and analytical work of K&L’s partners addresses a wide range of issues in financial markets and the Israeli economy. The work combines data analysis, empirical research, and in-depth familiarity with the activities of markets, companies, and financial institutions.
High Tech and Innovation
Trends in Israeli Institutional Investors’ High-Tech Holdings, 2016–2021
Guy Lakan and Maya Shtaun | Capital Market Authority and Start-Up Nation Policy Institute | 2023
Capital Markets and Finance
The Lion’s Roar in the Capital Market: Households Bought, Institutions and Foreign Investors Sold
Itay Kedmi | Phoenix Institute for Capital Market Research, Reichman University | 2026
Banking, Credit and Financial Stability
Trends in Banking-Sector Profitability
Itay Kedmi | Phoenix Institute for Capital Market Research, Reichman University | 2025
Institutional Investors
Trends in Institutional Investors’ Overseas Investments
Guy Lakan | Phoenix Institute for Capital Market Research, Reichman University | 2026
Projects
Corporates and Real Estate
Economic Assessment of Concentration in the Hotel Industry
Government and the Public Sector
Evaluating the Effectiveness of a Program to Encourage Institutional Investment
Banking and Finance
Business Model Review and Regulatory Readiness for a New Bank
Contact us