Horizon smashes target

Ukraine-headquartered Horizon Capital has closed its second fund on US$390m.

Emerging Europe Growth Fund II exceeded its US$300m target, with commitments from existing investors such as The Church Pension Fund, Amanda Capital, CV Starr and FMO, as well as attracting new LPs like Industriens Pension (Denmark), Alpha Associates (Switzerland), UTIMCO (USA), and the International Finance Corporation (IFC).