Lenna Koszarny

Founding Partner and CEO, Investment Committee Member

Lenna Koszarny is Founding Partner and Chief Executive Officer of Horizon Capital, the leading private equity firm in Ukraine with over $1.6B in assets under management, backed by 40+ institutional investors with a capital base exceeding $700B. Under her leadership, Horizon Capital has raised over $900M since the 2014 invasion, as well as catalyzed the largest investment in Ukraine in decades, a $1.5bn acquisition and capital expansion of Ukraine-based telecom players Datagroup-Volia and Lifecell by French telecom entrepreneur Xavier Niel. To date, Ms. Koszarny is credited with supporting the attraction of $1.85B in investment for Ukraine during this critical time, including a new $350M fund. In February 2022, Horizon Capital was honored as 2021 Firm of the Year for Central and Eastern Europe by Private Equity International.

Ms. Koszarny’s leadership has been recognized nationally and internationally, including Ukrainska Pravda’s «Top 100 Leaders of Ukraine: Beyond What is Possible» rating in November 2024, its  «Top 100 Power Women Leaders» in March 2024 and its «Top 100 Leaders of Ukraine During Wartime» in November 2023, and her inclusion in Forbes Ukraine’s « Top 50 Women Leaders Leading Ukraine to Victory» in May 2023. In November 2024, she was included in the inaugural National Security News «Top 50 Women in Security List», the Financiers category. Ms. Koszarny leads Horizon Capital in an $12T industry with circa 15% senior women, inspiring greater engagement of women in private equity and investing. Under her leadership, HCGF IV is the first 2X Flagship Fund in Central and Eastern Europe, 1 of circa 10 in total, and 1 of only 2 globally that are led by a woman Founding Partner & CEO. She is an elected Member of the Mid-Market Platform Council of Invest Europe, the voice of the European private equity industry; a Member of the Private Equity Women Investor Network (PEWIN), bringing together 600+ senior women leaders in private equity with over $3T AUM; a Founding Member of the Ukraine House Davos Organizing Committee, and in July 2022, was recognized in Private Equity International’s 2022 Women of Influence in Private Markets list. She is also Executive Vice-President of Ukraine Moldova American Enterprise Fund (UMAEF, formerly Western NIS Enterprise Fund), a $285M US-government backed fund; Chair of the Board of Directors, American Chamber of Commerce in Ukraine, whose members have invested over $50B in Ukraine; a Member of the Board of the Ukrainian Startup Fund launched by the Government of Ukraine; a Member of the Supervisory Board of Ukrainian Leadership Academy; a Member of the Advisory Board of the Ukrainian World Congress, and, served as the first Vice-Chair of the Advisory Council of Kyiv-Mohyla Business School.

On August 24, 2020, the 29th anniversary of Ukraine’s independence, Ukraine’s President Volodymyr Zelensky awarded Ms. Koszarny with an Order of Merit for Service to Ukraine, third level, for her contribution to the country’s economy and investment climate. She is also a recipient of a Commemorative Medal issued on the occasion of the 25th Anniversary of Independence by the President of Ukraine. In May 2024, she was awarded the 2024 Tryzub Leadership Award by The Myhal Family Foundation, in partnership with The Shevchenko Foundation. Ms. Koszarny is a CPA and a 1991 HBA graduate of Ivey Business School. She has been residing and working in Kyiv, Ukraine for over 30 years.

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If you are interested in being a part of the Horizon Capital team, please send your CV to: [email protected]