Biggest investment in Ukraine since full-scale invasion

May 1,2023 615
Biggest investment in Ukraine since full-scale invasion

At an interim closing ceremony last Friday, Horizon Capital, announced that its latest fund, Horizon Capital Growth Fund IV, has exceeded the original $250-million target, reaching $254 million, according to the company.

The Ukrainian World Congress congratulates its Vice President, Horizon Capital Founding Partner & CEO Lenna Koszarny, on this impactful capital raise for Ukraine.

“Lenna is an exemplary leader who continues to successfully execute bold visions that benefit Ukraine, its economy, and global investors. I’m very proud to work with such a capable leader. Congratulations to Lenna and the entire Horizon team,” said UWC President Paul Grod.

During the ceremony, Koszarny 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. They have chosen to look past the headlines, to be brave, to move forward quickly and decisively and in doing so, to demonstrate to the leadership and people of Ukraine that they stand with Ukraine at this defining moment.”

In his evening video address to Ukrainians that day, President of Ukraine Volodymyr Zelenskyy called the first major investment in the country since the beginning of Russia’s full-scale invasion in February 2022 a “landmark investment event.”

“Right now, when we are still fighting against Russian terror, big global business not only believes in our victory but also confirms this belief with its multimillion-dollar investments and concrete steps,” the President said.

In July 2022, Private Equity International recognized Lenna Koszarny as a Women of Influence in Private Markets.

Horizon Capital is a leading private equity firm in Emerging Europe, backed by over 40 institutional investors. It has a tenure of over 29 years in the region and manages six funds with assets under management of over $1.4 billion.