AVELLUM has acted as Ukrainian legal counsel to the Ukraine-Moldova American Enterprise Fund (UMAEF) in connection with the launch of its USD50 million Direct Investment Program, designed to support the growth and resilience of small and medium-sized enterprises (SMEs) across Ukraine and Moldova.
The UMAEF program offers targeted investments ranging from USD1 million to USD3 million as equity and quasi-equity financing to SMEs that meet specific financial benchmarks. The program is pivotal in driving economic recovery by equipping Ukrainian SMEs with essential capital and expertise to navigate and grow in the current challenging economic environment.
The AVELLUM team was led by managing partner Mykola Stetsenko and supported by managing associate Oleksandr Volodin.