The Kyiv School of Economics school building located at 3 Mykoly Shpaka St. in Kyiv on June 18, 2021. Dragon Capital, Ukraine’s leading private equity firm, invested $5 million in the purchase and construction of the campus.
When Tymofiy Mylovanov took over the Kyiv School of Economics in 2016, the school was, in his words, “in disarray.” Mylovanov had to restructure the de-facto bankrupt school’s debt and cut personnel by 30%. With a bad reputation, the school had trouble attracting donors.
Without proper financing, the school was having a hard time expanding. With no permanent location, KSE lived off grants and rented office spaces in Kyiv.