Dragon Capital (company)


Dragon Capital is a Ukrainian investment management company founded by Tomas Fiala 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.

About

Dragon Capital has successfully completed 120 transactions totaling more than $5 billion, including equity and debt acquisition transactions, as well as merger and acquisition agreements for leading Ukrainian companies.
Dragon Capital's brokerage department is the largest Ukrainian stock trader — it owns more than 24% of Ukrainian Stock Exchange.
Dragon Capital is an influential player in the Ukrainian debt market. Dragon Capital's debt markets department attracts debt capital for Ukraine's leading businesses and banks through the placement of hryvnia bonds and Eurobonds, structured finance arrangements and bilateral debt. Dragon’s fixed income trading department is one of the main players both in the local market and in the segment of Ukrainian Eurobonds, and is a market maker on a wide range of Ukrainian debt instruments.
The company has many years of experience in direct investment in Ukrainian enterprises as well as residential and commercial real estate projects.
The company also provides corporate finance consulting services in Ukraine, the Czech Republic, Slovakia, and Romania, and acted as financial adviser to Bongrain, Bonduelle, Dirol Cadbury, CRH, Heidelberg Cement, InBev, and others.

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. In 2017 Dragon Capital bought back shares from Goldman Sachs although the latter acquired 25% stake in New Ukraine PE Holding Limited.
In 2008, Dragon Capital, together with East Capital Bering Ukraine Fund, acquired 70% of Chumak's shares, but sold its stake in 2019.
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. Then, Prime Minister Volodymyr Groysman backed the company.
In 2017–2019, it acquired a number of different commercial properties: Victoria Gardens shopping center, Sky Park shopping mall, Eco Tower business center, Horizon Park Business Center, Smart Plaza Obolon, West Gate Logistic.
In 2019, the company acquired a minority stake in Ciklum.
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.

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, consumer goods, marketing, private security, etc.

NV

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