All about the Ukrainian Fund of Funds

The first webinar dedicated to the Ukrainian Fund of Funds brought together dozens of participants to discuss the current state and prospects of the new investment vehicle.

According to Andriy Kolodyuk, Chairman of UVCA's Supervisory Board and Managing Partner of AVentures Capital, the idea of creating FoF was born after the outbreak of war in 2014. At the time, AVentures Capital was fundraising for its second fund. It was already facing geopolitical realities, while Andriy heard pessimistic predictions from the international business community that it was unlikely to invest in Ukraine. The main reasons are the war and a shallow market.

The Fund of Funds acts as an anchor investor and market builder, helping not only to raise capital but also to build the entire VC/ PE industry by stimulating the emergence of new funds and increasing their weight.

In addition, the Fund of Funds reduces the risks for other investors through its own due diligence, a 30% first commitment and on-site managers with deep local knowledge.

In addition, the FoF can mobilise capital from institutional investors whose attention span remains limited.

Other topics discussed included investment sectors, requirements for LPs and funds, how private investors can get involved, what the Ukraine Investment Framework has to do with it and much more.

Watch the full version on our YouTube at this link.