Horizon Capital has gathered the largest in 10 years, the direct investment Fund in Ukraine

Horizon Capital собрал крупнейший за 10 лет фонд прямых инвестиций в Украину

$200 million will be invested primarily in the IT and export oriented business.

The American investment company Horizon Capital has gathered the largest in 10 years, the direct investment Fund in Ukraine.

The company States that the size of the Emerging Europe Growth Fund III, L. P. (EEGF III) reached $ 200 million.

It took both existing investors and new. For example, the European Bank for reconstruction and development earlier has announced the allocation of $ 30 million to EEGF III, the American Corporation OPIC (overseas private investment Corporation) – 37,5 million USD with the international Finance Corporation of the world Bank group – $ 20 million, the German society for investment and development (DEG) – 10 million dollars.

In General, US and European investors have provided approximately 35% of the total amount of capital raised, while the remaining investment came from other international investors.

Investment strategy EEGF III focused on growing export-oriented companies which use the Ukrainian competitive cost platform to generate global revenue, especially in the IT sector, light industry, food and agriculture. The Fund also will invest in a separate advanced segments, focused on the domestic market, for example e-Commerce, healthcare and pharmaceuticals, consumer goods and financial services.

The size of the investment will be from 5 to 20 million dollars in one company to be invested over the next 2-3 years.

In total Horizon Capital is under management of more than $ 850 million. Funds of the company Horizon Capital has invested more than $ 650 million in 140 companies, which employ 46 thousand people in Ukraine and the middle region.