Horizon Capital has raised $250 million at the first close of its Ukraine-focused Horizon Capital Growth Fund IV – 50% of its $250 million target.
The fund’s first closing, which is a record high for Horizon Capital, was held in person this morning. President of Ukraine Volodymyr Zelenskyy virtually attended, and gave a welcome address, at the fund’s signing ceremony, which took place in London. The Fund is backed by the European Bank for Reconstruction and Development; the International Finance Corporation; Deutsche Investitions und Entwicklungsgesellschaft, and a subsidiary of KfW Group; the Dutch Entrepreneurial Development Bank; the Swiss Investment Fund for Emerging Markets; the Western NIS Enterprise Fund; and the Zero Gap Fund, an impact investing collaboration between The Rockefeller Foundation and the John D and Catherine T MacArthur Foundation.
Horizon Capital was advised by law firm The Stephenson Harwood.
