According to the present ukrainian legislation venture fund is a very effective instrument of investment.

Concerning potential possibility of venture fund to invest with high risk level legislation freed venture investments from big amount of bans which exist for funds of other types.

First of all it means absence of bans for structure and composition of assets of the fund. Venture fund can invest its money to any security, buy notes, give percent credits to companies in which it takes part.

Participant restrictions for venture fund are absent too. Venture fund can be invested in by only person even. The only ban for venture fund is impossibility to invest in for physical persons. It was imposed by legislation to shield not competent investors from too high risk level.

Efficiency of investing with venture funds achieves also by existing of tax discounts (any income of the fund is not an object of taxation until it is in assets of the fund). It gives a possibility of reinvestment within the fund without interim taxation, and to maximize investment results.

These possibilities make venture funds the very perspective investment instruments both for big holdings and for small and middle business companies. Venture fund can be an effective instrument of realization of separate project the same as a financial centre of investment activity of company or a group.

Investor’s possibilities:

-          operative asset redistribution between projects or companies without “virtual” debts and contracts of financial help. It simplifies financial streams management and raises its efficiency;

-          projects interim taxation avoiding what increases revolving assets  and economizes on additional credit money;

-          operative crediting of own projects by assets of the fund;

-          other investors’ capacities involving for joint projects realization;

-          possibilities to provide full control for operational activity of the fund and choose objects to invest in;

-          involve foreign capital to realize your own investment projects without difficult law procedures of  state registration of such investments in comparison with foreign investments which provide directly, without involving the fund;

-          keeping anonymous position as investor in case when venture fund will be a nominal holder of securities or other corporate rights.

At the present time AMC “Priority Finance” provides asset management of 9 venture funds: “Priority Real Estate”, “Fund of Regional Development”, “Financial Engineering”, “Postup Capital Investment”, "Prioritet Development Projects", "Agro Perspective", "Agri Synergy", "Strategy of Development", "Priority Financial Innovations".