Horizon Capital Closes its Ukraine Fund IV at $350m, $100m above Target
KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.
- KYIV, Ukraine, Feb. 23, 2024 /PRNewswire/ -- Horizon Capital, a leading U.S. private equity firm, is pleased to announce that its latest Ukraine-focused fund, Horizon Capital Growth Fund IV ("HCGF IV", the "Fund"), has reached $350 million in commitments at its Final Closing held in Tokyo on February 19, 2024, boosting AUM to $1.6 billion.
- The Fund invests growth capital alongside visionary entrepreneurs leading fast-growing primarily tech and export-oriented companies, as well as select domestic champions, in Ukraine and Moldova (the "Region"), with a pipeline of 80+ investments.
- The Fund has already concluded three investments to fast-growing, innovative tech companies, providing growth capital to expand their R&D platforms in Ukraine and enhance their international reach.
- Lenna Koszarny, Founding Partner and CEO of Horizon Capital, said: "This historic fund is dedicated to the visionary entrepreneurs of Ukraine.