
On This Page
- Key Facts About Ukrainian Family Offices
- Ukrainian Family Office Landscape
- Family Office Comparison at a Glance
- Top Picks by Strategy
- Leading Offices in Detail
- Trends Shaping Ukrainian Family Offices
- How to Evaluate a Family Office in This Market
- Which Family Office Fits Your Needs?
- Methodology
- Frequently Asked Questions
Key Facts About Ukrainian Family Offices
- Ukraine's family office market spans domestic firms in Kyiv and relocated operations in Vienna, Budapest, and Zurich. Wartime capital migration since 2022 drives this geographic split.
- EastOne Group manages over $10 billion in assets for Viktor Pinchuk's broad portfolio. It ranks as the largest known single family office (SFO) linked to Ukrainian wealth.
- SCM Holdings and Dovgiy Family Office have each invested roughly $4 billion in Ukraine's post-invasion recovery.
- One PE growth fund backed by 40+ global family offices and institutional investors manages $1.6 billion in assets under management (AUM) through six funds targeting Ukrainian tech and export firms.
- The market includes SFOs serving oligarch-scale wealth (SCM, EastOne, DFO), multi-family offices serving broader UHNW client bases, and advisory firms offering family office services.
- A potential $1 trillion post-conflict rebuilding program is reshaping mandates toward dual-use technology, defence tech, and energy security.
Ukrainian Family Office Landscape
Ukraine's family office ecosystem grew from oligarch-era wealth creation in metals, energy, agriculture, and telecoms. The full-scale Russian invasion of February 2022 reshaped this market at every level. Ultra-high-net-worth (UHNW) families accelerated the shift from informal asset management to structured models with EU legal protections.
Three SFOs dominate the upper tier. SCM Holdings oversees Rinat Akhmetov's conglomerate of 250+ enterprises in 30+ countries. EastOne Group manages Viktor Pinchuk's $10 billion+ portfolio of industrial, media, and charitable assets. Dovgiy Family Office runs a varied real estate portfolio covering residential, commercial, industrial, and heritage properties.
Below these sit multi-family offices (MFOs) and advisory firms serving a broader UHNW client base from cities including Vienna, Budapest, and Kyiv. Geographic split defines the current market. Kyiv remains the primary domestic hub, with Lviv gaining relevance as a western Ukraine base. Vienna, Budapest, London, and Swiss jurisdictions now serve as cross-border hubs for wealth structuring and EU treaty benefits.
The National Securities and Stock Market Commission (NSSMC) provides domestic regulatory oversight. Some Vienna-based offices operate under Austria's Financial Authority (FMA). This dual regulatory structure reflects a market in transition toward EU alignment.
Family Office Comparison at a Glance
The table below captures all identified offices serving Ukrainian UHNW families. Capital managed remains limited in disclosure. Only two offices publish figures.
| Office | Type | AUM Estimate | Focus | Location |
|---|---|---|---|---|
| EastOne Group | SFO | $10B+ | Industrial, media, steel, banking, charitable giving | Kyiv |
| SCM Holdings | SFO | Undisclosed | Metals, energy, banking, telecom, retail, agriculture | Kyiv |
| PE Growth Firm | PE (FO-backed) | $1.6B | Tech growth equity, export-oriented companies | Kyiv |
| Dovgiy Family Office | SFO | Undisclosed | Real estate, social systems, heritage revitalization | Kyiv |
| Vienna-Based MFO | MFO | Undisclosed | Alternative allocations, wealth planning, art collections | Vienna |
| Kyiv Regulated MFO | MFO | Undisclosed | Customized portfolios, UHNW advisory | Ukraine |
| Dual-City Wealth Firm | MFO/Advisory | Undisclosed | Wealth planning, EU trust formation, VC fund management | Kyiv / Budapest |
| Corporate Structuring Advisory | Advisory | Undisclosed | Corporate structuring, tax planning, real estate | Ukraine |
| Big Four Advisory (Ukraine) | Advisory | N/A | Family office setup, allocation structuring, charitable planning | Kyiv |
| Global Advisory (Ukraine) | Advisory | N/A | Family enterprise advisory, succession planning, oversight | Ukraine |
| Legal Advisory Firm | Legal Advisory | N/A | Private wealth management legal advisory | Kyiv |
SFOs control the largest pools of capital. MFOs and advisory firms fill the gap for UHNW families without dedicated office operations.
Top Picks by Strategy
- Largest Portfolio: EastOne Group, managing $10 billion+ in varied assets spanning industrial conglomerates, media channels, and the PinchukArtCentre
- Top Reconstruction Investor: SCM Holdings, with $4 billion deployed into recovery through DTEK (energy), Metinvest (metals), and Ukrtelecom
- Leading Tech Growth Allocator: A Kyiv-based PE growth firm backing 183+ companies including Creatio (valued at $1.2 billion) and Rozetka-Evo through $1.6 billion in managed funds
- Strongest Cross-Border Platform: A dual-city wealth firm offering EU trust formation and treaty access through its Kyiv/Budapest structure
- Premier Art and Alternatives Focus: A Vienna-based MFO combining Austrian-regulated wealth planning with management of the Pomeranz Collection, a leading contemporary art collection in Central Europe
- Most Varied Real Estate: Dovgiy Family Office, covering residential, commercial, industrial, medical, and heritage projects, plus the Private Veteran Bonds programme
- Rising Domestic MFO: A Kyiv-based regulated advisory with NSSMC accreditation and 789+ customized portfolios built for Ukrainian UHNW clients

Leading Offices in Detail
SCM Holdings
Ukraine's largest private capital allocator controls over 250 enterprises in 30+ countries through metals (Metinvest), energy (DTEK), banking (FUIB), telecoms (Ukrtelecom), and retail (TSUM Kyiv). Since the full-scale invasion, SCM has channeled roughly $4 billion into Ukraine's recovery. Sole shareholder Rinat Akhmetov saw his net worth decline from $13.7 billion pre-invasion to $4.4 billion as of 2022. Yet SCM continued operating and investing through the disruption.
For policy analysts tracking private capital flows into Ukrainian rebuilding, SCM represents the single largest domestic commitment. Its scale dwarfs every other private wealth office in the country.
EastOne Group
EastOne manages $10 billion+ in assets and oversees Viktor Pinchuk's portfolio of industrial, media, and charitable ventures. Holdings include Interpipe (pipe and wheel manufacturing), Dniprospetsstal (specialty steel), and three major Ukrainian TV channels: STB, Novy Kanal, and ICTV. The firm provides portfolio strategy, M&A support, risk management, and long-term business planning.
The PinchukArtCentre and the Yalta European Strategy (YES) forum show how this SFO extends beyond financial returns into cultural and geopolitical influence. Advisors studying Ukrainian oligarch-scale wealth will find EastOne's model instructive. It blends industrial holdings with media assets and charitable giving under one oversight umbrella.
Dovgiy Family Office
Real estate forms the core of this Kyiv-based SFO, but the portfolio reaches well beyond standard property. DFO invests in residential, commercial, industrial, medical, and social projects, plus architectural heritage revitalization. The office joined the Private Veteran Bonds initiative in July 2025, supporting Ukrainian veteran entrepreneurship through dedicated bond purchases.
DFO has invested $4 billion+ in Ukraine's recovery. Families with concentrated Ukrainian real estate holdings can study DFO's approach to spreading risk within the property sector. Its Charitable Fund "Together we can" adds a social impact mandate to the financial portfolio.
Leading PE Growth Fund
This Kyiv-based firm serves as the primary gateway for international family office capital into Ukrainian tech. Over 40 institutional investors with a combined capital base exceeding $700 billion back its six funds. Key 2024 results include Creatio's $200 million raise at a $1.2 billion valuation, the $435 million IFC/EBRD-financed Datagroup-Volia-Lifecell telecom deal, and a $350 million final close on Growth Fund IV.
CEO Lenna Koszarny has spent 30+ years based in Ukraine. Growth Fund IV became the first fund in Central and Eastern Europe to receive 2X Flagship Fund status. Global wealth managers seeking co-investment exposure to Ukrainian tech and export companies route capital through this platform.
Vienna-Based Multi-Family Office
Ukrainian-rooted and Vienna-based, this MFO grew from founder Eduard Pomeranz's personal family office. Born in Odessa and raised in Vienna, Pomeranz launched a boutique alternative manager in 1995, now regulated by Austria's FMA. Services include wealth planning, portfolio management, asset advisory, and consulting.
Art collection management anchors the standout offering. The Pomeranz Collection ranks among the leading contemporary art holdings in Central Europe. Diaspora families seeking EU-regulated wealth management with Ukrainian cultural roots will find this blend of financial and art advisory uncommon in the region.
Kyiv-Based Regulated Advisory
NSSMC accreditation sets this domestic MFO apart in a market where regulatory compliance signals credibility. The team brings venture capital expertise (Igor Shoifot, TMT Investments partner), banking experience (Taras Kyrychenko, NOVA Group), and digital marketing insight (Oleksandr Kolb, Promodo founder).
This firm has built 789+ customized portfolios and reports 5+ years of average client support. It follows CFP Board of Standards ethics under a fee-only model, aligning advisor incentives with client outcomes. Ukrainian UHNW clients wanting local, regulated financial planning with transparent fee structures can start here.
Dual-Jurisdiction Wealth Firm
Dual offices in Kyiv and Budapest give this MFO a structural edge in the current environment. Through its Hungary branch, the firm provides EU trust formation, fiduciary services, and access to investment protection treaties. Services extend to wealth planning, estate planning, tax advisory, corporate structuring, and PE/VC fund management.
For families needing to restructure holdings into EU jurisdictions quickly, this firm's established Budapest presence cuts the setup time that starting from scratch would require. Robert Kaso leads the CIS desk, coordinating cross-border mandates for Ukrainian clients.
Big Four Family Office Advisory
First-generation wealth creators who built businesses in metals, agriculture, or tech often need formal family oversight frameworks. This advisory practice covers family office setup, allocation structuring, charitable activities planning, and private fund formation. It brings global best practices in tax, audit, and corporate compliance to the Ukrainian context.
In practice, the service bridges the gap between entrepreneurial wealth and institutional-grade management. Families seeking structured succession planning and charitable program design will find this approach suited to professionalizing wealth for the first time.
Trends Shaping Ukrainian Family Offices
Dual-Use Technology and Defence Tech
An estimated 15,000 Ukrainian entrepreneurs now develop drones, electronic warfare systems, and other dual-use technologies. Companies like Kvertus have raised $16 million for anti-drone systems, with $135 million in total capital sought. UK and Swiss wealth platforms are entering this space, drawn by the military-to-civilian technology pivot that mirrors early Silicon Valley. Aventures Capital founder Andriy Kolodyuk, who chairs the UVCA, calls it a "technological renaissance."
Reconstruction Capital
A potential $1 trillion rebuilding programme spans energy, housing, telecom, transport, and social systems. SCM Holdings and Dovgiy Family Office have already deployed billions domestically. As a result, they anchor the private sector side of reconstruction finance. Norway's government committed NOK 500 million through a dedicated fund targeting renewable energy, financial inclusion, and green projects with $5 to $25 million ticket sizes.
Cross-Border Wealth Restructuring
Ukrainian families are migrating holdings to EU jurisdictions at speed. Budapest offers investment protection treaty benefits. Vienna hosts established MFOs serving the diaspora. Zurich and Geneva attract tech capital. This trend has made cross-border structuring the most sought-after service among Ukrainian private wealth offices since 2022.
Tech Growth Equity
One $350 million growth fund targets fast-growing Ukrainian tech and export companies. Portfolio highlights include Creatio ($1.2 billion valuation), Preply (language learning), and Intellias (IT outsourcing). International family offices co-invest alongside development finance institutions like IFC and EBRD. These blended capital structures reduce single-investor risk for allocators entering the Ukrainian market.
ESG Redefinition
NATO Secretary-General Mark Rutte has called for a review of European pension and fund rules that prohibit defence allocations. ESG is shifting from a traditional environmental and social focus toward an "energy, security, and geopolitics" framework. This could open Ukrainian defence tech to institutional wealth platforms that were previously excluded by sector limits.
How to Evaluate a Family Office in This Market
Cross-border structuring capability is the first filter. Since 2022, Ukrainian UHNW families have needed offices with EU jurisdiction access for wealth preservation. The dual-city firm's Budapest branch offers treaty benefits, while the Vienna-based MFO provides FMA-regulated management. Any office without a cross-border solution today is incomplete for Ukrainian clients.
Wartime operational continuity separates proven offices from untested ones. SCM Holdings, Dovgiy Family Office, and the leading PE growth fund all maintained direct investments and client reporting through the 2022-2025 period. Ask whether the office relocated key staff and continued deploying capital during disruption.
That said, regulatory accreditation matters more here than in established markets. The Kyiv-based regulated advisory holds NSSMC accreditation, which signals compliance in a jurisdiction where oversight concerns persist. For international investors, alignment with IFC Performance Standards and UNPRI membership provides a familiar compliance framework.
Fee structure transparency deserves close scrutiny. Distinguish fee-only advisors (those following CFP Board of Standards ethics) from commission-based models. In a market with limited regulatory history, opaque fees are a red flag. Sanctions compliance adds another due diligence layer unique to Ukrainian family office mandates.
Which Family Office Fits Your Needs?
Ukrainian UHNW families focused on asset protection should evaluate the dual-city firm's EU trust formation through Budapest or the Vienna-based MFO's Austrian-regulated platform. Both provide structured access to EU legal protections. The Budapest option adds VC and PE fund management, while the Vienna option specializes in alternative allocations and art advisory. Families with concentrated Ukrainian real estate may prefer Dovgiy Family Office's sector expertise.
In contrast, business owners professionalizing wealth for the first time can work with a Big Four or global advisory firm to build oversight frameworks, structure charitable activities, and plan succession. The Kyiv-based regulated advisory offers a domestic alternative with 789+ customized portfolios and a fee-only model suited to families wanting locally managed services with transparent pricing.
International family offices seeking Ukrainian tech exposure should look to the PE growth fund that channels capital from 40+ institutional investors into companies like Creatio, Preply, and Rozetka-Evo. Co-investment alongside IFC and EBRD reduces country risk. For broader market intelligence on ownership transitions and growth strategy, a global advisory firm's family enterprise practice draws on networks advising 90%+ of the world's top 500 family enterprises.
Methodology
This guide to family offices in Ukraine draws on public filings, company websites, and records from the Ukrainian Venture Capital and Private Equity Association. The analysis assessed offices on cross-border structuring, regulatory accreditation, track record, and wartime operational continuity. AUM figures reflect public disclosures where available and show "undisclosed" where not verified. Selection prioritized scale, service breadth, and relevance to UHNW families operating in or connected to the Ukrainian market. Data reflects conditions as of early 2026. Given fast-moving geopolitical and economic shifts, readers should verify specific figures directly with each office.





