Horizon Capital Raises $350M for Ukraine-Focused Fund; Surpassing Target

Horizon Capital, a prominent U.S. private equity firm, celebrates the successful closing of its latest fund, Horizon Capital Growth Fund IV (HCGF IV), dedicated to Ukraine investments. The final close commitments soared to $350 million, exceeding the initial $250 million target by 40%. This achievement propels Horizon Capital's Assets Under Management (AUM) to $1.6 billion, showcasing robust investor confidence. The firm's ability to secure significant commitments underscores its team's expertise, track record, and compelling investment strategy, particularly amid geopolitical challenges. HCGF IV, identified as a 2X Flagship Fund, stands as the largest and foremost fund raised since the onset of Ukraine's full-fledged invasion, promising both returns and impactful investments.

Backed by investors boasting a combined capital base exceeding $700 billion, including prominent international financial institutions such as IFC, EBRD, and EIB, HCGF IV has garnered support from a diverse array of global institutional investors, foundations, and family offices. Private investors include notable names like abrdn Private Equity, Blue Earth Capital, and the impact investing collaboration between The Rockefeller Foundation and the John D. and Catherine T. MacArthur Foundation, among others. The fund's success reflects a shared commitment to fostering growth and innovation in Ukraine and Moldova, with a robust pipeline of over 80 potential investments.