KYIV. Dec 10 (Interfax-Ukraine) – Horizon Capital, managing three private equity funds, is interested in investing in relatively small promising specialized network projects in the field of trade in consumer goods, as well as projects in the format of “fixed price” in Ukraine.
Partner of Horizon Capital Alexei Dmitriev unveiled such plans at the third Retail & Development Business Summit in Kyiv.
“We as a fund are interested in specialized networks, such as pharmacies, networks that sell clothes, shoes. These are even smaller players, while in almost all the segments the market is not very consolidated,” he said.
According to Dmitriev, Horizon Capital is also interested in investing in the actively developing Ukrainian retail chain in the “drogerie” format.
“The targeted volume of investment ranges from $5 million to $20 million,” he said.
“There is another very interesting format, which is represented in the world market and which is not available in Ukraine. This is the so called format of “fixed price,” when everything in the store is sold at the same price,” he added.
Horizon Capital was established in 2006. It manages Western NIS Enterprise Fund (WNISEF, established in 1994 with a capital of $150 million), Emerging Europe Growth Fund, L.P. (EEGF, established in 2006 with a capital of $132 million) and EEGF II (EEGF, established in 2008 with a capital of $370 million).
