Western NIS Enterprise Fund (WNISEF) is a $150 million regional private equity fund, a pioneer in Ukraine and Moldova with more than a decade of successful experience investing in small and medium-sized companies. Since its inception, WNISEF has invested approximately $138 million in 33 companies in the region in a range of industries with a concentration on fast moving consumer goods, construction materials, packaging, retail, and financial services.

WNISEF is managed by Horizon Capital Associates, LLC.

WNISEF was established by the U.S. Congress and funded by the U.S. government via U.S. Agency for International Development (USAID).