ABOUT US

While hostilities continue, UAF Partners is funding projects on a deal-by-deal basis to generate momentum in key sectors of the Ukrainian economy. As follow on, we plan to close on a Fund when there is peace.

Initial fundraising of up to $500 million will emphasize accelerating growth, advancing sustainability, and propelling employment within the middle market. While we are not industry limited, acquisitions and investments will be focused on key industries to forward a generational catapult through the reconstruction of economy and infrastructure.

After individual transactions in current conditions, we intend to close on the initial Fund when the security situation improves, and when the investment climate is sufficiently stable. In the meantime, UAF will be working with investors to close select deals with the following priorities:

  • Agriculture;

  • Multimodal Logistics (Ag & Import/Export Infrastructure);

  • Technology;

  • Construction;

  • Energy;

  • Consumer goods.

To fulfill these objectives, UAF Partners operates with a unique team of investment partners. Partners provide operational expertise in strategy, management and organizational structure, operations, sales and marketing, as well as capital-and-risk management. One of UAF’s Partners is a new-generation business investor and philanthropist based in Ukraine.



We believe this comprehensive knowledge, combined with local and regional expertise across multiple disciplines, provides the opportunity to maximize project returns in these sectors. This is especially true when coupled with UAF Partners’ extensive track record of success; operating, turnaround, and investment experience; extensive international presence; and capabilities to leverage international connectivity.


UAF is already active in-country, both directly and through our Operating Partners. Our Operating Partners have a long history of actively working alongside management teams to help create value for all stakeholders. Our strong team of Ukrainian Operating Partners provides competitive advantage in all aspects of business intelligence, analysis and decision making, operational prowess, feedback and lessons learned.


UAF Partners have been present and actively involved in Ukraine for over 20 years. This experience, and these relationships in business and otherwise, helped set the stage for UAF Partners’ robust pipeline of potential transactions. This deal pipeline has been further informed by extensive travel (more than 11 visits since April, 2022) throughout Ukraine even in current conditions. We continue to work with local operating partners and advisors to review investment opportunities, to meet with local financial institutions and relevant government officials, and to expand on those opportunities throughout Europe, the United States, and the Middle East.


Since April 2022, UAF Partners have travelled to Ukraine 11 times, working with local operating partners and advisors to originate and review investment opportunities and meeting with local financial institutions and relevant government officials.

Over $300 billion in damages have occurred since the Russian invasion in February 2022, with current World Bank estimates suggesting an economic shrink of 30%. We believe that investment (from international governments, multilateral institutions, and with a substantial need for private capital presence) to rebuild the country will lead to above-trend economic growth in the near term. UAF Partners maintains that a more-modern, scalable infrastructure will be driven by an influx of government-to-government (G2G) assistance, leading to increased long-term growth potential for the economy.


Investment focus will accelerate Ukrainian growth, while sustainability trends will drive superior returns, both for the individual transactions, and for the subsequent Fund. Economic laws, regulations and procedures in Ukraine were changing prior to the 2022 war. This trend will continue as Ukraine further shifts towards Western Europe and EU membership, creating a favorable macroeconomic environment for investors and exit-multiple expansions.


UAF Partners possesses extensive risk-management experience due to our partners’ history of operating across the globe. In addition to proprietary risk-management programs, UAF has, and will continue to establish, diverse international networks to provide broad-based support, insurance, and guarantees for UAF Partners’ investments and companies.


In the U.S. and Europe, we are establishing support from diverse international constituencies for various insurance and guarantee programs, as well as direct investment and support from multilateral and national-government entities.


UAF Partners operates under strict ESG guidelines to help improve the transparency of local transactions, the actions and operations of any of its portfolio companies. We believe in this approach as critical for Ukraine’s future acceptance into the European Union, while improving Ukraine’s business environment and rule of law for institutions and private citizens in the process.


Goal: Rebuild Ukraine's economy by investing in key sectors alongside local partners.

Focus: Agriculture, Multimodal Logistics (Ag and Import/Export Infrastructure), Tech, Construction, Energy, Consumer Goods.

Raise Capital: Finance Deal-by-Deal Transactions, then Orient on Post-Stability Operations.

Investment size (typical): $10-50 million (direct equity), $20-350 million (deal-by-deal).

Current Activities:

  • Deal sourcing;

  • Funding select projects during wartime;

  • Build partnerships with Ukrainian businesses and Government.

Impacts:

  • Projects will have a positive impact on local communities;

  • Create sustainable employment in disadvantaged, rural areas;

  • Strengthen agricultural supply chains;

  • Maximize project returns & support Ukraine's EU integration.


Mark Kehaya

  • 33 years of investment and operating experience.

  • CEO of $2 billion revenue agricultural company with extensive operations in Eastern Europe & Africa. Co-founder of Private Equity firm Meriturn Partners, LLC.

  • Numerous operational restarts, turnarounds, and growth investments.

  • Built manufacturing plant & operations in Eastern Europe.

UAF TEAM

Ronald Spoehel

  • Presidentially appointed, U.S. Senate confirmed leadership of NASA.
  • U.S. Government advisor on privatizations of U.S. chartered government entities.

  • Leader in technology innovation over four decades from startups to Fortune 500s. Over 100 M&A deals completed/integrated globally.

  • Executive & Board / Corp. HQs in US, Canada, Europe, & Latin America / Funds in US & Cayman Islands.

Dr. Mohamed Reda

  • Successful founder & operator of businesses in diverse international locations with multiple exits.

  • Recognized cybersecurity and IT expert in the field of defense and security.

  • Business and government relations in Ukraine since 1990's with $100 million plus of exports.

  • Extensive international business, board, and association affiliations to drive connectivity.


Alec Mackenzie

  • Captain, USN Retired with over 30 years of active duty in Special Operations.

  • By-name selected & served 4.5 years as first Senior Special Operations Forces (SOF) Advisor to Ukraine.

  • Trusted confidante of select Ukrainian leaders to transform SOF into Ukraine's fifth military Service.

  • Key interlocutor to update political approaches shaping Ukrainian laws & national resilience.

Tony Scanlan

  • 35 years of operating experience in start-up and consumer goods manufacturing companies.
  • Operated in difficult parts of the world including Mogadishu, Somalia, and Djibouti.
  • Led start-up operations in both telecommunications/bill pay & e cigarettes.
  • Helped two manufacturers establish supply chains in Europe.

Samia A. El Baroudy

  • Twenty plus years career with the World Bank.
  • Former Deputy Chief of World Bank Mission to Ukraine.

  • Advisor on reforms, economic development, deregulation, and privatizations.

  • Assisted with restructurings/reforms in multiple sectors.


Ruslan Savchyshyn

  • Entrepreneur, created several businesses in technology sectors.

  • 15 Angel investments in tech sector.

  • Located in Western Ukraine.

  • Leads local business council & organizes regional business networks.