Olena Kosharna, Founder and CEO of Horizon Capital, has signaled the firm’s interest in launching a catalyst fund aimed at co-investing in Ukrainian companies alongside major international investors.
“Our team knows and understands the Ukrainian market exceptionally well,” said Kosharna. “I believe it makes sense to consider raising capital for a catalyst fund”.
Horizon Capital currently manages $1.6 billion in assets, with a strong track record of investing in Ukraine and the broader region.
As an example of the co-investment strategy in action, Kosharna cited the firm's minority stake in the telecom group Datagroup-Volia-lifecell, where French billionaire Xavier Niel’s investment firm NJJ owns 85%, while Horizon Capital holds 10%.
“Large foreign investors need a partner — someone who knows the country, has local networks, and skin in the game,” she explained. “We have capital to co-invest and help make Ukraine more accessible and attractive for them. This is already part of our strategy”.
The catalyst fund would build on Horizon Capital’s established role as a trusted local investment partner, facilitating international capital flows into Ukraine’s most promising sectors.