Siguler Guff and Solvd Donated Over 250 Generators To Ukraine
Siguler Guff & Company, LP, a global multi-strategy private markets investment firm, has teamed up with its portfolio engineering company, Solvd inc, to donate over 250 portable generators to Ukrainian families and businesses in need.
This contribution has been provided as part of the Share the Light program launched by the Ukrainian American House and the Consulate General of Ukraine in San Francisco.
The initiative aims to respond to Ukraine's ongoing energy crisis caused by attacks on its civilian infrastructure, which has resulted in power outages and blackouts across the country. The generators will provide much-needed reliable access to electricity to those affected. Our efforts are directed to make sure that the generators reach those businesses and families most in need quickly.
Vlad Skots, Chairman of Ukrainian American House, expressed his gratitude for the partnership, stating that the organization has tirelessly worked towards bringing aid and awareness to the people of Ukraine and the horrific events they are undergoing. He added that partnerships like this expand their reach further than ever and offer help to those in need. The UA House looks forward to continuing these partnerships in the future.
The donation of electric generators is part of the joint effort of Siguler Guff and Solvd to invest in the long-term recovery of the local economy. Drew Guff, Co-Managing Partner and Chief Investment Officer of Siguler Guff, said that the initiative helps individuals and small businesses meet their immediate needs and serves as the first step towards investing in the long-term recovery of the local economy. He also stated that Siguler Guff has a long investment history in the Ukraine region through companies such as EPAM Systems, GlobalLogic, and now Solvd, which have created tens of thousands of Ukrainian jobs. Mr. Guff added that Siguler Guff looks forward to providing additional support for Ukrainian humanitarian causes and organizations.
Igor Vayner, Chairman of Solvd, and a UA House executive board member, noted that a huge part of the Solvd team is located in Ukraine and has continued delivering exceptional services without disruption amid challenging circumstances.
Our donation of electric generators reflects our support for both our
valued employees and the entire country during this difficult time.
The "Share the Light" project, spearheaded by the Ukrainian American House and the Consulate General of Ukraine in San Francisco, has been significantly boosted through a partnership with Siguler Guff and Solvd. The project aims to address the energy crisis affecting many parts of Ukraine by providing 500 portable generators to families and businesses in need. These efforts are part of ongoing support for the people of Ukraine during these difficult times.
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