VR Capital Group To Provide Over $1mn in Humanitarian Assistance to Ukraine

Distressed securities and event-driven / special situations investor VR Capital Group has committed over US$1mn in humanitarian and logistical assistance to Ukraine through both employees and Ukrainian affiliates.

“We are devastated by the ongoing hostilities in Ukraine and horrified by the images of atrocities committed against civilians emerging in recent days.  We stand together with the Ukrainian people. War can never be the answer. As one of the largest western investors in Ukraine, we pray for an immediate end to the conflict and are ready to participate in the reconstruction of the country after the war," said Richard Deitz, Founder and President of VR Capital.

VR Capital has portfolio of holdings in excess of $1bn in Ukraine, according to the American Chamber of Commerce in Ukraine's website.