4i Capital Partners Set Up as a Spin-off from Dragon Capital
The management team of Europe Virgin Fund and Dragon Capital have agreed on a spin-off. Europe Virgin Fund was launched in August 2010 as a private equity fund investing primarily in Ukraine.
The team led by Alex Munteanu and Kamil Goca will operate independently under a new name – 4i Capital Partners and continue managing the portfolio of Europe Virgin Fund.
Dragon Capital will build on the successful 15-year track record of its Principle Investments team led by Tomas Fiala and pursue new private equity opportunities through Dragon Capital’s New Ukraine Fund launched in October 2015. Dragon Capital will also remain a limited partner in the Europe Virgin Fund and a shareholder in the fund’s general partner.
About Europe Virgin Fund
Europe Virgin Fund is a regional private equity fund investing in Ukraine, Moldova and Belarus, with $57 million of committed capital. The Fund’s limited partners include Dragon Capital, the European Bank for Reconstruction and Development, the Swiss Investment Fund for Emerging Markets and the Black Sea Trade and Development Bank. The portfolio of Europe Virgin Fund includes controlling stakes in Ukraine’s leading manufacturer of tissue products Ruta, top out-of-home advertising operator Prime Group, niche pharmaceutical manufacturer Sperco Ukraine, leading e-payment service provider Portmone and Ukraine’s largest private security services company Venbest.
About 4i Capital Partners
4i Capital Partners (www.4i-cap.com) is a private equity investment firm managing investments in Ukraine, Belarus and Moldova. The company’s principals have been making buyouts, expansions, restructurings and realizations in the region for nearly two decades. 4i Capital Partners was founded in March 2016 with the aim to capitalize on the opportunities resulting from the fundamental overhaul of Ukraine, one of the largest European countries. The investment team currently manages Europe Virgin Fund, with instrumental support from the international finance institutions such as the European Bank for Reconstruction and Development, the Black Sea Trade and Development Bank or the Swiss Investment Fund for Emerging Markets.