Elemér Eszter
Chairman
Elemér Eszter is Chairman of the Board of Directors at PBG FMC Ltd., a venture capital firm founded in 2011. The primary goal of the company is to maximize the value of managed funds entrusted to it by external investors, and to facilitate the market success of small and medium enterprises, who generate a substantial export income for Hungary. PBG FMC Ltd. manages a venture capital fund (EUR 15 Million) containing a mix of EU and private money since the 24th February, 2014. Elemér Eszter – after graduating from Pázmány Péter Catholic University – studied economy and political science at Christendom College in Virginia, United States. He started his career in 2002 at Citi Bank Ltd. Afterwards, between 2004-2008, he was the co-founder of Cryo-Innovation Inc., which was acquired in 2012 by the Swedish public listed company Vitrolife. Portus Buda Group (PBG) Ltd. was founded in 2007. Elemeér Eszter, as a co-founder, is an executive officer at the company, which managed 15 acquisitions, 8 real estate development deals, and 10 asset management projects over the past decade. The aim of PBG Ltd. is to assist the major Hungarian Churches and their institutions to operate on a more sustainable basis. In 2009 Elemér Eszter contributed to the founding of SSP Inc. in the US on behalf of investors and has been an observer member of the board ever since. In 2015 Eszter Elemer was a co-founder of the Hungarian Social Impact Investors Association; from 2017 he has been the President of the Association. Eszter Elemér is a co-founder and CEO of Impact Ventures Ltd. (2017), which will manage the first CEE Social Impact Fund (EUR 21 Million). He is also a Supervisory Board member of Susterra Ltd., a fund management company, which will manage the Water Impact Fund (EUR 200 Million), specialising in water and environmental impact investing. Elemér Eszter has been the Chairman of the Hungarian Ventura Capital Association from 1st January 2019.
Elemér Eszter
Chairman
Elemér Eszter is Chairman of the Board of Directors at PBG FMC Ltd., a venture capital firm founded in 2011. The primary goal of the company is to maximize the value of managed funds entrusted to it by external investors, and to facilitate the market success of small and medium enterprises, who generate a substantial export income for Hungary. PBG FMC Ltd. manages a venture capital fund (EUR 15 Million) containing a mix of EU and private money since the 24th February, 2014. Elemér Eszter – after graduating from Pázmány Péter Catholic University – studied economy and political science at Christendom College in Virginia, United States. He started his career in 2002 at Citi Bank Ltd. Afterwards, between 2004-2008, he was the co-founder of Cryo-Innovation Inc., which was acquired in 2012 by the Swedish public listed company Vitrolife. Portus Buda Group (PBG) Ltd. was founded in 2007. Elemeér Eszter, as a co-founder, is an executive officer at the company, which managed 15 acquisitions, 8 real estate development deals, and 10 asset management projects over the past decade. The aim of PBG Ltd. is to assist the major Hungarian Churches and their institutions to operate on a more sustainable basis. In 2009 Elemér Eszter contributed to the founding of SSP Inc. in the US on behalf of investors and has been an observer member of the board ever since. In 2015 Eszter Elemer was a co-founder of the Hungarian Social Impact Investors Association; from 2017 he has been the President of the Association. Eszter Elemér is a co-founder and CEO of Impact Ventures Ltd. (2017), which will manage the first CEE Social Impact Fund (EUR 21 Million). He is also a Supervisory Board member of Susterra Ltd., a fund management company, which will manage the Water Impact Fund (EUR 200 Million), specialising in water and environmental impact investing. Elemér Eszter has been the Chairman of the Hungarian Ventura Capital Association from 1st January 2019.
Zsolt Weiszbart
Treasurer
Zsolt joined Day One Capital as a Partner in 2020, following his involvement as Venture Partner the year before. He has been an active angel investor in the Budapest tech scene since 2010, when he finished his studies at the Stanford Graduate School of Business. Zsolt‘s notable investments include Distinction Ltd a mobile app development company, which was aquired by Skyscanner 2014. He was the first investor of Shapr3D Inc, the leading mobile 3D design app on the Ipad and NowTechnologies the smart wheelchair platform company. For almost two decades, Zsolt was the Managing Director of the Hungarian branch of IFS, a leading global ERP vendor, from where he has over 15 years of experience in working with enterprise software in Europe. Besides being a Stanford University graduate, Zsolt holds an MBA from the Ohio University and he also has a Business Msc degree from the University of Pécs.
Zsolt Weiszbart
Treasurer
Zsolt joined Day One Capital as a Partner in 2020, following his involvement as Venture Partner the year before. He has been an active angel investor in the Budapest tech scene since 2010, when he finished his studies at the Stanford Graduate School of Business. Zsolt‘s notable investments include Distinction Ltd a mobile app development company, which was aquired by Skyscanner 2014. He was the first investor of Shapr3D Inc, the leading mobile 3D design app on the Ipad and NowTechnologies the smart wheelchair platform company. For almost two decades, Zsolt was the Managing Director of the Hungarian branch of IFS, a leading global ERP vendor, from where he has over 15 years of experience in working with enterprise software in Europe. Besides being a Stanford University graduate, Zsolt holds an MBA from the Ohio University and he also has a Business Msc degree from the University of Pécs.
Bence Katona
Board Member
Bence Katona is the CEO of Hiventures, a member of the MFB Group and one of the largest and most active venture capital fund managers in Central and Eastern Europe. Bence was actively involved in creating Hiventures and then took the position of Deputy CEO at the start in 2017. He was appointed CEO and board member of the organization in 2019. Since then, Hiventures has expanded its initial investment activities focusing on startups to the entire Hungarian business ecosystem and includes more than 400 companies in its portfolio. Before joining Hiventures, Bence worked on development policy in the Prime Minister's Office, was an instructor of business administration seminars at Corvinus University of Budapest and leader of the Startup Campus university incubation program. He founded the Get in Ring! international startup competition, held in Hungary for the first time in 2014. His affection for tech startups was already evident during his university years at Corvinus, where he was a co-founder and mentor of several successful startups.
Bence Katona
Board Member
Bence Katona is the CEO of Hiventures, a member of the MFB Group and one of the largest and most active venture capital fund managers in Central and Eastern Europe. Bence was actively involved in creating Hiventures and then took the position of Deputy CEO at the start in 2017. He was appointed CEO and board member of the organization in 2019. Since then, Hiventures has expanded its initial investment activities focusing on startups to the entire Hungarian business ecosystem and includes more than 400 companies in its portfolio. Before joining Hiventures, Bence worked on development policy in the Prime Minister's Office, was an instructor of business administration seminars at Corvinus University of Budapest and leader of the Startup Campus university incubation program. He founded the Get in Ring! international startup competition, held in Hungary for the first time in 2014. His affection for tech startups was already evident during his university years at Corvinus, where he was a co-founder and mentor of several successful startups.
András Molnár
Board Member
András Molnár is the CEO of PortfoLion that manages seed and growth-stage venture capital funds and a later-stage focused private equity fund, totaling EUR 60 million. András joined PorfoLion in 2010 right at the start of the company. Throughout his career he has gained experience in investing across multiple-stages and managing innovative, technology focused start-ups both in the United States and in Hungary. Previously, he worked as an analyst at the Central Bank of Hungary, then he was the head of international business development at KÜRT Ltd., after that he became the CEO of the American KÜRT Security LLC which was funded with venture capital investment. Later on he joined a Northern Virginia-based VC firm, McLean Capital, where he was working until the start of PortfoLion.
András Molnár
Board Member
András Molnár is the CEO of PortfoLion that manages seed and growth-stage venture capital funds and a later-stage focused private equity fund, totaling EUR 60 million. András joined PorfoLion in 2010 right at the start of the company. Throughout his career he has gained experience in investing across multiple-stages and managing innovative, technology focused start-ups both in the United States and in Hungary. Previously, he worked as an analyst at the Central Bank of Hungary, then he was the head of international business development at KÜRT Ltd., after that he became the CEO of the American KÜRT Security LLC which was funded with venture capital investment. Later on he joined a Northern Virginia-based VC firm, McLean Capital, where he was working until the start of PortfoLion.
Dr. Judit Budai
Board Member
Judit Budai is a senior partner and co-managing Szecskay Attorneys at Law. During her 30 years of practice, she has gained extensive experience in corporate law, mergers and acquisitions, corporate finance and capital markets transactions, competition law and regulatory matters in various industrial, agricultural and service sectors. Judit has been involved in a number of privatizations and private placement transactions advising strategic or financial investors, as well as in private placements (both on the sell-side, buy-side and target company side) as a member or lead advisor of the advisory team. Currently, Judit advises mainly on private M&A transactions, mainly to foreign financial investors, and provides legal advice on more complex corporate ownership and corporate governance issues to innovative start-ups. In addition, she advises owners and managers of expanding and family-owned businesses in transition on corporate and civil law issues related to business expansion and restructuring. She provides legal support for the management of generational change, asset planning for the separation of business and private assets, asset protection and assists in resolving ownership disputes. She speaks English at a conversational level. In essence, since foundation of the HVCA, she has been an active participant mainly through its Education and Legal Committees, co-author of the VC Guide, Industry Recommendation Packages, Term Sheet for tutorial purpose and a sponsor of the Start Your Business AmCham-HVCA joint university program. She holds a law degree from ELTE-AJTK (1991), an MBA from the Budapest University of Economics and Business School-London Business School joint program (1996) and conducted postgraduate studies in EU Law at King's College London (2004). He has been a member of the Budapest Bar since 1992.
Dr. Judit Budai
Board Member
Judit Budai is a senior partner and co-managing Szecskay Attorneys at Law. During her 30 years of practice, she has gained extensive experience in corporate law, mergers and acquisitions, corporate finance and capital markets transactions, competition law and regulatory matters in various industrial, agricultural and service sectors. Judit has been involved in a number of privatizations and private placement transactions advising strategic or financial investors, as well as in private placements (both on the sell-side, buy-side and target company side) as a member or lead advisor of the advisory team. Currently, Judit advises mainly on private M&A transactions, mainly to foreign financial investors, and provides legal advice on more complex corporate ownership and corporate governance issues to innovative start-ups. In addition, she advises owners and managers of expanding and family-owned businesses in transition on corporate and civil law issues related to business expansion and restructuring. She provides legal support for the management of generational change, asset planning for the separation of business and private assets, asset protection and assists in resolving ownership disputes. She speaks English at a conversational level. In essence, since foundation of the HVCA, she has been an active participant mainly through its Education and Legal Committees, co-author of the VC Guide, Industry Recommendation Packages, Term Sheet for tutorial purpose and a sponsor of the Start Your Business AmCham-HVCA joint university program. She holds a law degree from ELTE-AJTK (1991), an MBA from the Budapest University of Economics and Business School-London Business School joint program (1996) and conducted postgraduate studies in EU Law at King's College London (2004). He has been a member of the Budapest Bar since 1992.
Dr. Eszter Hubbes
Board Member
Dr. Eszter Hubbes is partner of Hubbes & Kovács Attorneys at Law and registered attorney-at-law at the Budapest Bar Association. She graduated „cum laude” in 2005 at the law faculty of ELTE University, Budapest. In 2011 got a WSET (Wine and Spirit Education Trust) diploma and obtained tax advisor degree in 2013. When she passed the bar exam in 2009 she founded Hubbes Law Firm, which worked in continuous cooperation with Dr. Kovács Tamás Law Firm (specialized in energy law and MCA transaction) until the law firms merged in 2016. Hubbes&Kovács Attorneys-at-law is funding (and only Hungarian) member of IURISGAL I.N.O.L.F, international network of law firms the first and only Global Network of independent Law Firms whose main spoken language is Spanish and which is actively present in four continents. She is mostly specialized in investment, corporate, financial, tax and real property law, and developed strong practice in business acquisitions and venture capital investments. Besides her main clientele of venture capital and private equity funds she is happy to help with legal advisory the development of startup companies. Fluent in English and Spanish.
Dr. Eszter Hubbes
Board Member
Dr. Eszter Hubbes is partner of Hubbes & Kovács Attorneys at Law and registered attorney-at-law at the Budapest Bar Association. She graduated „cum laude” in 2005 at the law faculty of ELTE University, Budapest. In 2011 got a WSET (Wine and Spirit Education Trust) diploma and obtained tax advisor degree in 2013. When she passed the bar exam in 2009 she founded Hubbes Law Firm, which worked in continuous cooperation with Dr. Kovács Tamás Law Firm (specialized in energy law and MCA transaction) until the law firms merged in 2016. Hubbes&Kovács Attorneys-at-law is funding (and only Hungarian) member of IURISGAL I.N.O.L.F, international network of law firms the first and only Global Network of independent Law Firms whose main spoken language is Spanish and which is actively present in four continents. She is mostly specialized in investment, corporate, financial, tax and real property law, and developed strong practice in business acquisitions and venture capital investments. Besides her main clientele of venture capital and private equity funds she is happy to help with legal advisory the development of startup companies. Fluent in English and Spanish.
Ibolya Pintér
Executive secretary
Ibolya is the Executive Secretary of the Hungarian Private Equity and Venture Capital Association. Prior to that she gained experience in telecommunications industry in the field of human resources. She earned MSc degree of Human Resources of Leadership & Organizational Development at Szent István University.
Ibolya Pintér
Executive secretary
Ibolya is the Executive Secretary of the Hungarian Private Equity and Venture Capital Association. Prior to that she gained experience in telecommunications industry in the field of human resources. She earned MSc degree of Human Resources of Leadership & Organizational Development at Szent István University.