KYIV, Sept 26 – Horizon Capital, a U.S. private equity firm investing in fast growing export-oriented companies in Ukraine and the region, has announced the formation of a new Horizon Capital Growth Fund IV, L.P. (HCGF IV), which attracted $125 million at the first stage.

"With the launch of HCGF IV, Horizon Capital has achieved a record high first closing, reaching 50% of its $250 million target, and the highest first close result in the firm’s history. The fund’s first closing was backed by the European Bank for Reconstruction and Development (EBRD), the International Finance Corporation (IFC), Deutsche Investitions- und Entwicklungsgesellschaft (DEG) and a subsidiary of KfW Group, the Dutch Entrepreneurial Development Bank (FMO), the Swiss Investment Fund for Emerging Markets (SIFEM), the Western NIS Enterprise Fund, and the Zero Gap Fund, an impact investing collaboration between The Rockefeller Foundation and the John D. and Catherine T. MacArthur Foundation," the company said in a release.