HORIZON CAPITAL ASSOCIATES II LLC
Status: Approved investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Our client is Rozetka a Ukrainian e-commerce platform and a portfolio company of FMO’s investee PE fund Horizon Capital Growth Fund II (HCGF II).
What is our funding objective?
FMO’s funding will be used to cover rental costs of a temporary warehouse to safeguard inventories from the negative impacts of the conflict in Ukraine.
Why do we fund this investment?
FMO’s funding will enable Rozetka to continue operations and serve its customers which in turn would preserve the impact created by our investment in HCGF II. Furthermore, Rozetka can support vital infrastructure in Ukraine and use its network to secure and distribute crucial supplies, including food, medicine and hygiene products, which supports Ukraine’s humanitarian agenda. This is closely aligned with FMO’s strategy to support clients in fragile contexts.
- Region
- Europe & Central Asia
- Country
- Ukraine
- Sector
- Financial Institutions
- Effective date
- 5/31/2022
- Total FMO financing
- EUR 0.05 MLN
- Funding
- FMO NV