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Ukraine House Davos Congratulates Horizon Capital on Raising a $200m Ukraine-Focused Fund

DAVOS, Switzerland, Jan. 24, 2019 /PRNewswire/ — The Ukraine House Davos organizers and team extend sincere congratulations to Horizon Capital on closing their new private equity fund for Ukraine at its hard cap of $200 million. This is a tremendous achievement, particularly given the fund, Emerging Europe Growth Fund III, L.P. (“EEGF III”, the “Fund”), had a target size of $150 million.

Horizon Capital is the leading private equity firm in Ukraine, and a co-organizer of Ukraine House Davos, with over $850 million under management and investing more than $650 million to date in Ukraine and the near region.

EEGF III’s investment strategy is focused on fast-growing, export-oriented companies that leverage Ukraine’s cost competitive platform to generate global revenues primarily in IT, light manufacturing, food and agriculture. The Fund will also pursue investments in select, high-growth domestic market segments, including e-commerce, healthcare and pharma, consumer goods and financial services. Since holding its first close last year, EEGF III has concluded six investments and plans to invest the new fund in compelling, fast-growing companies over the coming years.

“I would like to take this opportunity to congratulate Lenna Koszarny, Founding Partner and CEO, Horizon Capital and her team on this stellar achievement. Having lived and worked in Ukraine for over 25 years, Lenna is a true ambassador of investing in Ukraine. We are delighted that Horizon Capital chose to break the news of their successful fundraise together with us in Davos this week,” said Alexa Chopivsky, Executive Director of Ukraine House Davos. “This is a superb example that demonstrates Ukraine is regaining its status as an attractive investment destination for international investors. We wish Lenna and her team great success in putting capital to work backing Ukraine’s talented entrepreneurs.”

ABOUT UKRAINE HOUSE DAVOS

Ukraine House Davos is led by a new Executive Director, Ulyana Khromyak and co-organized by Western NIS Enterprise Fund, Victor Pinchuk Foundation, and Horizon Capital. The Ukraine House Davos Organizing Committee is comprised of four women who volunteer their efforts to produce this event: Jaroslawa Johnson, President and CEO, Western NIS Enterprise Fund; Svitlana Grytsenko, Member of the Board, Victor Pinchuk Foundation; Lenna Koszarny, Founding Partner and CEO, Horizon Capital; Ulyana Khromyak, Executive Director, Ukraine House Davos.

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UHD24@forwardglobal.com

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