Emerging Europe Growth Fund III, L.P. (IFC-38407)

Regions
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Countries
  • Ukraine
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Apr 28, 2017
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
EMERGING EUROPE GROWTH FUND III LP
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Equity
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 15.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Aug 26, 2018

Disclosed by Bank Mar 14, 2017


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Project Description

The proposed project consists of an equity investment of up to US$20 million in Emerging Europe Growth Fund III, L.P. (the “Fund” or “EEGF III”), a closed-end private equity fund organized as a Delaware limited partnership with a target size of US$150 million. The Fund will have a generalist sector strategy and will invest in small and mid-market growth capital transactions primarily in Ukraine.

Investment Description
  • International Finance Corporation (IFC)

The Fund will be managed by Horizon Capital Associates III, LLC (the “Fund Manager”, or “Horizon”), a Delaware limited liability company, focused on investing in Ukraine and other countries across the Commonwealth of Independent States (“CIS”). The Fund principals are the key shareholders of the Fund Manager and the General Partner, Horizon Capital GP III, LLC.

Private Actors
  • Emerging Europe Growth Fund III, L.P. -- Financial Intermediary
  • Horizon Capital Associates III, LLC -- Fund Manager

The Fund will be managed by Horizon Capital Associates III, LLC, a Delaware limited liability company, focused on investing in Ukraine and other countries across the Commonwealth of Independent States. The Fund principals are the key shareholders of the Fund Manager and the General Partner, Horizon Capital GP III, LLC.

The Emerging Europe Growth Fund III, L.P. is a closed-end private equity fund organized as a Delaware limited partnership with a target size of US$150 million.

Contact Information

Horizon Capital Associates III, LLC
Tetyana Bega

+38 (044) 490-5580
TBega@horizoncapital.com.ua
4 Mykoly Rayevskoho Street, Kyiv 01042, Ukraine
www.horizoncapital.com.ua

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