Ukraine-focused private equity firm Horizon Capital has raised $350 million for its HCGF IV fund, exceeding its initial target by $100 million, after a $20 million commitment from the Japanese government development agency.
The HCGF IV fund, which seeks to invest in fast-growing, mostly technological and export-oriented startups in Ukraine, has now hit its maximum size limit for the third time. The maximum was set at $250 million, then raised to $300 million and again to $350 million.
