UMG INVESTMENTS is a Ukraine-based investment firm focused on the commodity sector. It was founded in 2006 by System Capital Management (SCM) as a commodity holding company. In 2016, it was transformed into an investment company with a focus in extracting, recycling, and trading in commodities.

The company manages a portfolio of companies, which fall into the three main business areas:

  • Mining: clay mining, limestone and dolomite extraction
  • Recycling: ash and slag materials, rare and technical gases
  • Trading: agricultural products

UMG INVESTMENTS is also actively pursuing new greenfield and M&A opportunities. The company combines international best practices with local expertise and relationships to capitalize on investment opportunities in Ukraine.

The company’s investment strategy is set to maximize returns on equity invested through the origination, acquisition, active management and sales of commodity-related Ukrainian assets.  Investment company employs a hands-on investment approach and is actively involved in the operational management of its portfolio businesses. UMG INVESTMENTS’ extensive commercial and production expertise provides much needed support to the portfolio companies


  • Target investment size: $2-10 million
  • IRR >25% per annum
  • Investment horizon for M&A investments: 3-7 years, and for greenfield projects: 7-10 years
  • Potential to grow the business organically and/or through M&A
  • Target ownership share of at least 50% with operational and strategic control
  • Clear investment exit strategy
Andrey Gorokhov
Andrey Gorokhov

As a local investor, we have a clear understanding of the market and are confident that there are attractive investment projects and industries in Ukraine that need private funds. Eight-fold growth in the value of assets under management since 2006 allows us to assert that we have enough management experience to expand the investment portfolio and to further grow our portfolio companies.




12b, per. Bekhterevskiy, Kyiv 04053, Ukraine
Tel.: +38 (044) 590-64-44

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