Horizon Capital closed its newest fund, Emerging Europe Growth Fund II (EEGF II) with a total capital commitment of USD 390 million. Horizon Capital initially targeted a fund size of USD 300 million, but EEGF was oversubscribed within nine months.
Emerging Europe Growth Fund II L.P.
EEGF II will make investments in the range of USD 15 million to USD 40 million in expansion and buy-out opportunities in those companies of the Ukrainian, Moldovan and Belarus economies that can become leader in their respective market segments based on significant competitive advantages.
Investors include The Church Pension Fund, Amanda Capital, C.V. Starr, FMO, Industriens Pension, Alpha Associates, UTIMCO, and the International Finance Corporation.
Sectors of primary interest include, but are not limited to fast moving consumer goods and services, financial institutions, and industrial goods.
Horizon Capital (www.horizoncapital.com.ua)
Horizon Capital is a private equity fund manager that originates and manages investments in mid-cap companies with outstanding growth and profit potential in Ukraine and Moldova. Currently Horizon Capital manages three funds, Emerging Europe Growth Fund II (EEFG II), Emerging Europe Growth Fund (“EEGF”) and Western NIS Enterprise Fund (“WNISEF”), with over USD 600 million under management.