About us

umgi was founded by the SCM in 2006 to manage commodity assets. Since its creation, umgi has expanded its range of activities and changed its business model from an asset management firm to a private equity firm.

Today, umgi starts and develops businesses with high growth potential.

The investment focus:

• waste management
• industrial minerals mining
• B2B manufacturing
• healthcare and diagnostics
• energy transition
• AI-enabling hardware

The total market value of the umgi portfolio companies exceeds $500 million.

umgi is a part of System Capital Management (SCM) and is 100% owned by SCM Holdings. The ultimate beneficiary and sole shareholder is Rinat Akhmetov, a Ukrainian businessman and philanthropist.

We drive positive change in the countries and businesses, generating returns for our investors, and creating value for partners and employees. We highly value all cultures in which umgi operates, and we are committed to facilitating the distribution of capital and knowledge.

umgi is a $1B mid-сap private equity firm focused on Europe

umgi Code of Ethics sets the required ethical and business standards to be followed by employees of all levels in their activities on a daily basis.

These norms and standards are based on our values: Teamwork, Responsibility, Entrepreneurship, and Excellence.

The Code does not cover all possible cases and situations, which employees can face, but rather contains the basic guidelines to be relied on while evaluating the suitability or admissibility of acts and decisions taken.

Code of Ethics