Hedge fund billionaire Bill Ackman and his wife, Neri Oxman, are buying a nearly 5% stake in the Tel Aviv Stock Exchange. The purchase of $17.3 million worth of shares came as the Israeli bourse announced the pricing of a secondary offering of 18.5% of its market value. Bill Ackman has been a vocal supporter of Israel, particularly since the October 7th Hamas-led terror attacks. The exchange plans to use the proceeds from the offering to invest in its technology infrastructure. The transaction drew interest from investors globally.