Fund of Funds Panel at the First Ukrainian Private Equity & Venture Capital Summit

On December 10th, Ukrainian Venture Capital and Private Equity Association (UVCA) together with Founders League held the Ukrainian Private Equity & Venture Capital Summit where we united more than 200 private investors, top funds' and investment offices' leaders.

It is planned to launch Fund of Funds in Ukraine in 2022. 300M hryvnas will be allocated in the state budget as the input from the government.

Currently, the concept is being developed by the The Ministry of Digital Transformation and the Ministry of Economy of Ukraine.

We discussed the perspectives of this ambitious project at the relevant Panel at the Summit.

Participants of the "Fund of Funds" panel:


💎 Andrew Kolodyuk, Founder and Managing Partner of AVentures Capital, Head of UVCA Supervisory Board and the initiator of creation of UVCA, Young Global Leader from Ukraine at the World Economic Forum.

Andrew founded more than 10 companies in IT, telecommunications, Internet, media. Their total profit is more than $1B.


💎 Elena Voloshyna - Head of the IFC - International Finance Corporation in Ukraine.

Coordinating the activity undertaken by IFC in Ukraine, Ms. Voloshyna is responsible for attracting investment and monitoring the existing investment projects.

💎 Oleg Husaenov - Founder of Zubr Capital Investment Company.

Mr. Husaenov is one of the largest businessmen of the CIS and is in "the TOP of 200 successful and influential businessmen of Belarus 2016" according to the Ezhednevnik portal.

💎 Dan Pasko - Managing Partner at Diligent Capital Partners investment fund (member of UVCA).

Mr. Pasko has more than 15 years of experience in professional engineering, private investment and entrepreneurial activities.

He is an experienced manager and participant of the board of directors of companies such as Bostovan Wineries, Nova Poshta Global, Allseeds, and Preply.

💎 Olga Magaletska - Head of the Office of the National Investment Council.

Ms. Magaletska is a co-author of the Law of Ukraine "About limited and additional liability companies".

We are proud that Ukrainian startups are promoting Ukraine globally. So we are inspired by international initiative like Israel's #Yozma and we are aiming to create Fund of Funds in Ukraine. The state will not only invest in startups but allocate funds for biggest world venture companies to reinvest back in Ukrainian startups. So Ukraine is building one of the best IT and startup ecosystems in the world.

says Mykhailo Fedorov,

Vice Prime Minister and Minister of Digital Transformation.

🎯 Read more:

Stay tuned for more Fund of Funds news!