Business news from Ukraine

BRITAIN’S HUNNEWELL PARTNERS TO INVEST $100 MLN IN UKRAINIAN ASSETS

20 April , 2015  

KYIV. April 20 (Interfax-Ukraine) – Britain’s Hunnewell Partners, the manager of a fund worth around $1 billion, has opened an office in Kyiv to invest in Ukrainian assets, member of the National Commission of Ukraine for Energy and Housing and Utility Services Regulation (NCER) Andriy Herus has said.

“In plans is to invest $100 million in projects in Ukraine by late 2016. We want to believe that this is the start of a trend,” Herus wrote on his Facebook page.

Herus told Interfax-Ukraine that Hunnewell Partners has leased space in the Gulliver shopping center in Kyiv. At present, its employees are selecting projects, including in the energy and agricultural sectors. The commission plans to offer some investment projects in the energy sector.

Hunnewell Partners was founded in September 2011. Its core business is venture investment.