ICU TO HOST PANEL ON ARTIFICIAL INTELLIGENCE AT UKRAINE HOUSE DAVOS

ICU, an independent asset management, private equity and investment advisory firm specialising in Central and Eastern Europe, is pleased to announce the panel its hosting on artificial intelligence titled, ‘Artificial Intelligence and the Future of Work’ at Ukraine House Davos. The panel is organized as part of ICU’s sponsorship of Ukraine House in Davos.

The panel will feature industry experts including Alexandra Johnson, Founder and Managing Director of Global Technology Capital, Joe Landon, Vice President, Advanced Programs Development, Lockheed Martin and Imtiaz Adam, founder and CEO of Deep Learn Strategies and will be moderated by Giles Farley, Co-Head of ICU Venture and Tech Investments.

With total investment into artificial intelligence increasing to $15 billion in 2017, compared to just $1.8 billion in 2013[1], the pace of investment is only slated to continue. The panel will debate the future of artificial intelligence as it has already started disrupting industries such as transportation, and manufacturing in the form of driverless cars, and robotics. They will also discuss the opportunities and challenges that lie ahead for the nascent sector.

Commenting on the panel, Makar Paseniuk, Managing Partner at ICU said:

“The topic focuses on an area that ICU is passionate about. We continue to invest in startups through our venture capital business and are confident that participation in events such as Ukraine House Davos is a significant plus for the development of both individual companies in Ukraine and the technology ecosystem as a whole. This is also part of our ongoing commitment to help change the perception of Ukraine and shine a light on the investment opportunity in the country.”

The panel will be held at 13:00 (CET) at Ukraine House Davos on 22 January 2019 and broadcasted live on the www.ukrainehousedavos.com.

The event, in its second year, was set up to showcase the new Ukraine, a vibrant and dynamic European democracy leveraging its competitive advantages in “brains, hands and grains”. The theme of the event will continue to be Ukraine: Creativity, Innovation, Opportunity. Ukraine House Davos will be held at Promenade 62, Davos, Switzerland from January 21-25, 2019.

A full agenda can be found on www.ukrainehousedavos.com. The public is invited to follow the event via social media on #ukrainehousedavos.

ENDS

For further information, please contact:

Montfort Communications

Shireen Farhana / Louis Supple

(+44 (0)203 770 7906 / +44 (0)203 770 7914)

ICU@montfort.london

Notes to Editors

About ICU

ICU is an independent asset management and investment advisory firm specialising in the emerging markets of Central and Eastern Europe.

Founded in 2006 by senior investment professionals from ING, ICU is Ukraine's leading asset manager with over $500m in assets under management. Our current strategy includes significant allocations to venture capital, alternative energy & renewables and distressed debt.

Our veteran investment team has experience in private equity & venture capital, high yield corporate debt, distressed debt, restructurings and other special situations across a number of emerging markets. Investment decisions are supported by robust macroeconomic and sectoral analyses from our in-house team of research economists.

We aim to provide our clients with superior risk-adjusted returns across a number of asset classes. The firm is expanding its reach into key European markets via a combination of organic growth and acquisition and continues to expand the range its investment offerings.

[1] Statista www.statista.com/statistics/621468/worldwide-artificial-intelligence-startup-company-funding-by-year/