Board

About

Elemér Eszter

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

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

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

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.

Dénes Szluha

Dénes Szluha

Board Member

Dénes Szluha is an Investment Director with Hiventures and in his position is responsible for the growth phase investments. His team is seeking for investments in principal with a typical ticket size of 0.5-1.5 million EUR often in coinvestment with other domestic and reginal venture capital investors. Through his career he served in different transactional positions since 1996. He started his professional life at Shell and Deloitte and for 4 years from 1998 worked as Investment Manager at Hungarian-American Enterprise Fund and Hungarian Equity Partners. In 2002 he joined Magyar Telekom as Business Development Manager covering mostly domestic and SEE regional acquisitions. From 2006 he became Investment and Portfolio Management Director covering further international acquisitions, as well as serving as Member of the Board of Directors at different incumbent telco- and alternative operators. Later he worked at both the investors’ side as Investment Director and at startup enterprises as Business Development Director. He graduated at Szent István University in Gödöllő. In his private life he is the happy father of 4 rather adult offsprings.

Dénes Szluha

Dénes Szluha

Board Member

Dénes Szluha is an Investment Director with Hiventures and in his position is responsible for the growth phase investments. His team is seeking for investments in principal with a typical ticket size of 0.5-1.5 million EUR often in coinvestment with other domestic and reginal venture capital investors. Through his career he served in different transactional positions since 1996. He started his professional life at Shell and Deloitte and for 4 years from 1998 worked as Investment Manager at Hungarian-American Enterprise Fund and Hungarian Equity Partners. In 2002 he joined Magyar Telekom as Business Development Manager covering mostly domestic and SEE regional acquisitions. From 2006 he became Investment and Portfolio Management Director covering further international acquisitions, as well as serving as Member of the Board of Directors at different incumbent telco- and alternative operators. Later he worked at both the investors’ side as Investment Director and at startup enterprises as Business Development Director. He graduated at Szent István University in Gödöllő. In his private life he is the happy father of 4 rather adult offsprings.

Jenő Nieder

Jenő Nieder

Board Member

Jenő Nieder is the Deputy-CEO of PortfoLion (being one of the most active VC and PE investors in the CEE region). His key duty is the management of investment and monitoring processes of the start-up, scale-up and PE funds of PortfoLion. With close to 15 years of professional experience he actively assists the business development of numerous start-ups and scale-ups in the portfolio. Jenő has started his professional carrier at the TMT business advisory desk of KPMG in 2005. Later he was working for KBC Securities Corporate Finance providing international M&A, corporate finance and capital market transaction advisory for almost 10 years. Jenő holds a corporate finance and an actuary degree from Corvinus University of Budapest and has studied international economics at the Aarhus Business School. Jenő has gathered his CFA designation in 2011 and is a former board member of CFA Society Hungary.

Jenő Nieder

Jenő Nieder

Board Member

Jenő Nieder is the Deputy-CEO of PortfoLion (being one of the most active VC and PE investors in the CEE region). His key duty is the management of investment and monitoring processes of the start-up, scale-up and PE funds of PortfoLion. With close to 15 years of professional experience he actively assists the business development of numerous start-ups and scale-ups in the portfolio. Jenő has started his professional carrier at the TMT business advisory desk of KPMG in 2005. Later he was working for KBC Securities Corporate Finance providing international M&A, corporate finance and capital market transaction advisory for almost 10 years. Jenő holds a corporate finance and an actuary degree from Corvinus University of Budapest and has studied international economics at the Aarhus Business School. Jenő has gathered his CFA designation in 2011 and is a former board member of CFA Society Hungary.

Dr. Ákos Bajorfi

Dr. Ákos Bajorfi

Board Member

Dr Ákos Bajorfi is a leading lawyer at Noerr & Partners Law Office, overseeing the law firm’s corporate and M&A operations. He graduated in 2007 at the Faculty of Law of Eötvös Loránd University (ELTE) in Budapest. He received his master’s degree from Heidelberg University, Germany in corporate restructuring (LL.M. corp. restruc.). He started his career at the international law firm Noerr where he is still working. While on his job, he completed a course at ELTE University for lawyers specializing in capital markets and banking law, and he also received a pre-degree certificate at ELTE’s Doctoral School. He conducted his PhD research in the field of venture capital contracts at the Humboldt University in Berlin. Legal aspects of venture capital and private equity investments are not only the subjects of his theoretical interest, but he provides legal consulting services for VC and PE deals on a daily basis. He has extensive experience in the legal planning and execution of complex investment deals, as well as the legal aspects of divestments. Visiting lecturer in corporate law at the Law Faculty of ELTE University. Several publications in Hungarian, German and English

Dr. Ákos Bajorfi

Dr. Ákos Bajorfi

Board Member

Dr Ákos Bajorfi is a leading lawyer at Noerr & Partners Law Office, overseeing the law firm’s corporate and M&A operations. He graduated in 2007 at the Faculty of Law of Eötvös Loránd University (ELTE) in Budapest. He received his master’s degree from Heidelberg University, Germany in corporate restructuring (LL.M. corp. restruc.). He started his career at the international law firm Noerr where he is still working. While on his job, he completed a course at ELTE University for lawyers specializing in capital markets and banking law, and he also received a pre-degree certificate at ELTE’s Doctoral School. He conducted his PhD research in the field of venture capital contracts at the Humboldt University in Berlin. Legal aspects of venture capital and private equity investments are not only the subjects of his theoretical interest, but he provides legal consulting services for VC and PE deals on a daily basis. He has extensive experience in the legal planning and execution of complex investment deals, as well as the legal aspects of divestments. Visiting lecturer in corporate law at the Law Faculty of ELTE University. Several publications in Hungarian, German and English

Dr. Eszter Hubbes

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

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

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, Gödöllő.

Ibolya Pintér

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, Gödöllő.