Dragon Capital (company)

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Dragon Capital
Industryfinancial services Edit this on Wikidata
Founded2000 Edit this on Wikidata
FounderTomash Fiala Edit this on Wikidata
Headquarters
Kyiv Edit this on Wikidata
,
Ukraine Edit this on Wikidata

Dragon Capital is a Ukrainian investment management company founded by and partners in 2000 in Kyiv. It works in the sphere of financial services; provides a full range of investment banking and brokerage services, private investment, asset management for institutional, corporate and private clients.

In 2016-2020, Dragon Capital, together with its foreign partners, invested more than $600 million in real estate, of which more than $500 million are Kyiv and Kyiv region.[1] The investment partner, among others, is the American financier, stock market investor George Soros.[2]

History[]

The company was founded by Tomas Fiala in cooperation with partners in 2000 in Kyiv.

In 2007-2017, Goldman Sachs, one of the world's largest banks, owned a minority stake in Dragon Capital.[3] In 2017 Dragon Capital bought back shares from Goldman Sachs although the latter acquired 25% stake in New Ukraine PE Holding Limited.[4][5]

In 2008, Dragon Capital, together with East Capital Bering Ukraine Fund, acquired 70% of Chumak's (food company) shares, but sold its stake in 2019.[6]

In April 2017, the Security Service of Ukraine conducted a search at the company office. They were looking for Russian Stakhanovets software on employees' computers.[7] Then, former Prime Minister Volodymyr Groysman backed the company.[8]

In 2017–2019, it acquired a number of different commercial properties: Victoria Gardens shopping center (Lviv), Sky Park shopping mall (Vinnytsia), Eco Tower (Zaporizhia) business center, Horizon Park Business Center (Kyiv), Aladdin shopping mall (Kyiv), logistics centre Arctic (Kyiv), Smart Plaza Obolon shopping mall (Kyiv), West Gate Logistic (logistics complex).[9]

In 2019, the company acquired a minority stake in Ciklum (IT company).[10]

In October 2019, it indirectly acquired the assets of Kyivska Rus Bank, namely an office building.[11]

In December 2019, the company entered into an agreement to acquire 100% of Idea Bank and New Finance Service's shares for UAH 1.368 billion,[12] but at the end of June 2020 terminated the agreement.[13]

June 24, 2020 - Dragon Capital made a deal to acquire the Falby pharmaceutical logistics complex.[14]

In 2020, Dragon Capital acquired a 6 floors building for the Kyiv School of Economics.[15]

September 22, 2020 - the company announced the construction of the E40 Industrial Park on the 27th kilometer of the Zhytomyr highway.[16]

December 3, 2020 - Dragon Capital bought the Industrial Park in Riasne-2.[17][18]

In 2021, Dragon Capital New Ukraine Fund LP, managed by Dragon Capital, has completed an agreement to acquire a controlling stake in Treeum, which includes the financial portals Finance.ua and Minfin.com.ua.[19][20]

In April 2021, Dragon Capital acquired UnexBank.[21][22]

In May 2021 owner Olena Prytula sold 100% of the corporate rights of Ukrainian online newspaper Ukrayinska Pravda to Dragon Capital.[23] The parties agreed that the editorial policy of the newspaper would remain unchanged.[23] According to Dragon Capital the investment was "another step towards supporting free media and freedom of speech in Ukraine."[23]

Europe Virgin Fund[]

In July 2010, Dragon Capital established a regional private equity fund, Europe Virgin Fund, which operates assets in Ukraine, Moldova and Belarus. The fund has already attracted investments from the EBRD, Swiss Investment Fund for Emerging Markets, Black Sea Trade and Development Bank, and other investors. During its existence, the Fund has invested in a number of pharmaceutical companies (Sperco Ukraine), consumer goods (Tissico Limited), marketing (PRIME Group), private security (VENBEST Group), etc.[24][25]

Dragon Capital New Ukraine Fund[]

The fund was established in November 2015. Its anchor investors are Dragon Capital and the Ukrainian Redevelopment Fund, which is managed by Soros Fund Management. The fund was created to invest in the Ukrainian economy and provide financial and managerial support to companies to increase efficiency, modernize technology and ensure long-term growth.[26][27]

New Ukraine PE Holding, which is part of the Dragon Capital group of companies and whose main shareholder is the Dragon Capital New Ukraine Fund, has completed the acquisition of the Prime and Eurasia business centers at PJSC BTA BANK. BC "Eurasia" and BC "Prime" - business centers of class A, located in the business center of Kyiv on the street. Zhylyanska. Their total area is 33,423 and 9,140,000 m2, respectively. "By entering the office real estate sector, we have diversified our investments and demonstrated faith in the further resumption of business activity in Ukraine," said Tomasz Fiala, CEO of Dragon Capital.[28]

NV[]

In 2014, a weekly socio-political print magazine NV was created and subsequently a Ukrainian-Russian news website was launched too.[29] In 2017, Dragon Capital acquired Radio Era which became the basis for newly launched Radio NV.[30]

References[]

  1. ^ "Dragon Capital завляє про намір вкласти $5 млн в офіс для KSE - FINBALANCE. Все про економіку та фінанси". finbalance.com.ua. Retrieved 2021-04-07.
  2. ^ "Дорогой портфель. Как Томаш Фиала стал крупнейшим рантье Украины". LIGA (in Russian). 2018-12-26. Retrieved 2021-04-07.
  3. ^ "Goldman Sachs to acquire 25% stake in New Ukraine PE Holding Limited". inventure.com.ua. Retrieved 2020-02-19.
  4. ^ "Dragon Capital Buys Back Shares from Goldman Sachs". dragon-capital.com. Retrieved 2020-02-19.
  5. ^ "Goldman Sachs to acquire 25% stake in New Ukraine PE Holding Limited". inventure.com.ua. Retrieved 2020-02-19.
  6. ^ "Dragon Capital announces sale of Chumak to Delta Wilmar". Interfax-Ukraine. Retrieved 2020-02-19.
  7. ^ "An Attempt To Pressure Ukrainian Business – The Search Into 'Dragon Capital'". en.hromadske.ua. Retrieved 2020-02-19.
  8. ^ "Dragon Capital accuses authorities of pressure after SBU spyware search (UPDATE) - Apr. 26, 2017". KyivPost. 2017-04-26. Retrieved 2020-02-19.
  9. ^ "Dragon Capital bets on Ukraine's real estate | KyivPost - Ukraine's Global Voice". KyivPost. 2019-03-18. Retrieved 2020-02-19.
  10. ^ "Dragon Capital investment group becomes minority shareholder in Ciklum". Interfax-Ukraine. Retrieved 2020-02-19.
  11. ^ "Dragon Capital придбає активи банку «Київська Русь»". Mind.ua (in Ukrainian). Retrieved 2021-04-07.
  12. ^ "AMC ALLOWS DRAGON CAPITAL INVESTMENTS LTD. TO BUY OF IDEA BANK". Ukraine open for business. 2020-01-16. Retrieved 2020-02-19.
  13. ^ "Dragon Capital Announces Termination of Deal to Buy Idea Bank". Dragon Capital. 25 June 2020.{{cite web}}: CS1 maint: url-status (link)
  14. ^ "Купили фармацевтичний склад. Dragon Capital придбала логістичний комплекс під Києвом". nv.ua (in Ukrainian). Retrieved 2021-04-07.
  15. ^ Олександра, Автор: Панченко (2020-06-30). "Dragon Capital реконструює 6-поверхову будівлю для Київської школи економіки". Хмарочос (in Ukrainian). Retrieved 2021-04-07.
  16. ^ "Dragon Capital побудує біля Києва індустріальний парк на 49 гектарах". nv.ua (in Ukrainian). Retrieved 2021-04-07.
  17. ^ "Індустріальний парк у Рясне-2 остаточно викупила компанія Dragon Capital". 032.ua - Сайт міста Львова (in Ukrainian). Retrieved 2021-04-07.
  18. ^ Zaxid.net. "Dragon Capital купить інвестора індустріального парку у Львові". ZAXID.NET (in Ukrainian). Retrieved 2021-04-07.
  19. ^ "Dragon Capital інвестував в Treeum". minfin.com.ua (in Ukrainian). Retrieved 2021-04-07.
  20. ^ "Dragon Capital інвестував в Treeum". Finance.ua (in Ukrainian). Retrieved 2021-04-07.
  21. ^ "Dragon Capital закрила угоду з купівлі "Юнекс Банку" Новинського". Економічна правда (in Ukrainian). Retrieved 2021-07-01.
  22. ^ "Dragon Capital придбав UnexBank у Вадима Новинського". Investory News (in Ukrainian). 2021-04-16. Retrieved 2021-07-01.
  23. ^ a b c (in Ukrainian) Tomasz Fiala became the new owner of Ukrainska Pravda, Ukrayinska Pravda (26 May 2021)
  24. ^ "Europe Virgin Fund". www.ebrd.com. Retrieved 2020-02-19.
  25. ^ "SALANS ADVISES DRAGON CAPITAL ON ESTABLISHMENT OF THE EUROPE VIRGIN FUND - U.S.-Ukraine Business Council (USUBC)". www.usubc.org. Retrieved 2020-02-19.
  26. ^ Zaxid.net. "Компанія Dragon Capital пообіцяла Україні великий приплив інвестицій у 2018 році". ZAXID.NET (in Ukrainian). Retrieved 2021-04-07.
  27. ^ "Сорос вирішив інвестувати в новий фонд прямих інвестицій Dragon Capital New Ukraine Fund". Finance.ua (in Ukrainian). Retrieved 2021-04-07.
  28. ^ "Dragon Capital Acquires Business Centers Prime and Eurasia In Kyiv". 28 September 2017.{{cite web}}: CS1 maint: url-status (link)
  29. ^ "Media Partners - Partners - 15th YES Annual Meeting: "The Next Generation of Everything" - Yalta Annual Meeting - YES". yes-ukraine.org. Retrieved 2020-02-19.
  30. ^ "Dragon Capital bought Radio Era". Stockworld - Mainstream portal on stock market. Retrieved 2020-02-19.
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