Horizon Catalyst

pending

 The proposed project consists of (i) an IFC equity investment of up to €50 million in Horizon Capital Catalyst Fund, SCSp (Horizon Catalyst or the Fund), and (ii) a co-investment envelope of up to €50 million, on a delegated authority basis. The Fund will target strategic domestic sectors that are critical to Ukraine’s reconstruction including digital infrastructure, energy, construction materials and select industrials. The Fund aims to play a catalytic role in Ukraine’s reconstruction by mobilizing up to €3 billion through partnerships with global strategic investors, international funds, and Ukrainian founders and operators. The Fund is expected to invest €20–50 million tickets, primarily in the form of growth equity, as well as quasi-equity as well as project finance, acquiring minority stakes in 8–10 mid-cap, asset-heavy domestic businesses in Ukraine and opportunistically in Moldova., where there is a strategic nexus with, and direct benefit to, Ukraine. The Fund will be domiciled in Luxembourg and has a target size of €300 million. IFC’s investment in the Fund is expected to be supported by Blended Finance contributors under the Economic Resilience Action Program (ERA) for Ukraine, as described in the Blended Finance Section.