Investors Unite to Back Ukraine in Historic Fund
KYIV, Ukraine, April 28, 2023 /PRNewswire/ -- Horizon Capital, a U.S. private-equity firm investing primarily in fast-growing tech and export-oriented companies in Ukraine, announced that its latest fund, Horizon Capital Growth Fund IV (HCGF IV, the "Fund") has reached $254 million at its Interim Closing held today in Kyiv, Ukraine. In besting its $250m target size at this second closing, the Fund demonstrates strong investor appetite for compelling opportunities in high-growth, high-impact tech and export-oriented companies, including light manufacturing, food processing, innovative consumer goods, fintech and more. Fund investments are expected to contribute to Ukraine's ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality.
- Fund investments are expected to contribute to Ukraine's ongoing resilience, including supporting growth and job creation, expanding the tax base, increasing availability of capital for SMEs, and promoting gender equality.
- Lenna Koszarny, Founding Partner and Chief Executive Officer, said, "Today, Horizon Capital and our esteemed group of investors have made history, as the first growth capital and largest fund raised since the onset of the full-fledged invasion.
- Global institutions are uniting today to back a reputable team with a bold vision, proven investment strategy and track record.
- The Interests are being offered by means of a private placement to suitable investors.