KYIV, Feb 8 - ICU Investment Group, which is co-owned and managed by a close ally of President Petro Poroshenko, boosted assets to more than $500 million, ICU Managing Partner Makar Paseniuk said.

ICE has been rapidly increasing assets under management ever since Poroshenko’s election to the presidency in 2014, an outcome that Paseniuk, a long-time Poroshenko ally, has attributed to a “positive” investment strategy.