From Origination to Financial Close. We help private companies, PE funds, and public institutions unlock complex infrastructure financing across Ukraine and neighboring markets.
We operate at the intersection of three client needs that most advisory firms address separately.
Private companies face complex IFI and donor requirements — ESG frameworks, social standards, procurement rules — that are unfamiliar and time-consuming to navigate without specialist support.
Foreign funds interested in Ukrainian infrastructure face an information gap: identifying genuinely investable assets, understanding IFI co-financing structures, and conducting credible on-the-ground due diligence from abroad.
Governmental bodies and Development partners face a pipeline problem: recovery needs are vast, but converting them into financially viable, donor-ready projects requires specialist structuring, coordination across multiple stakeholders, and implementation expertise.
Government · IFIs · Private Sector — we are the rare advisor who has operated credibly inside all three simultaneously.
$1bn IFI-financed infrastructure portfolio managed hands-on across EBRD, EIB, and World Bank projects.
PhDs, western-educated professionals, and multi-sectoral experts — fluent in the language of both IFIs and local stakeholders.
Kyiv-based with active government, IFI, law firm, and institutional networks — not remote advice from abroad.
VSH Advisory is an infrastructure advisory firm helping private companies, Private Equity and infrastructure funds, and public institutions unlock complex infrastructure financing across Ukraine.
We combine government, IFI and private sector experience within one advisory practice — helping clients navigate financing, implementation and institutional requirements across the full infrastructure project cycle.