Horizon IV Add

active

  The proposed project consists of (i) an additional IFC equity commitment of up to $30 million in Horizon Capital Growth Fund IV (HCGF IV or the Fund) in addition to an already existing commitment of up to $30 million in the Fund leading to a total commitment of up to $60 million, and (ii) a co investment envelope of up to $30 million, on a delegated authority basis, to invest in select companies alongside Emerging Europe Growth Fund III (EEGF III) and HCGF IV.  HCGF IV is a private equity (PE) fund with a target size of $250 million. The Fund will invest primarily in mid-cap fast-growing technology and export-oriented companies, primarily active in Ukraine (around 80% of Fund size) and Moldova (the Region) benefiting from cost competitive local platforms with global reach.