Introduction to HVCA Next Generation
Who We Are
HVCA Next Generation (“NextGen”) is HVCA’s newest organizational unit, comprising young professionals delegated by the members of the Association.
Objectives and Activities
The objective of NextGen is to connect young individuals working in the fields of private equity and venture capital in Hungary and further their professional development. In order to achieve our goals, we organize professional events with the most renowned leaders and experts in the industry, together with networking events aimed at building professional PE and VC communities within Hungary. We also cooperate with HVCA’s Educational Committee and Communications Subcommittee and have direct representation on HVCA’s Board.
We typically meet on a monthly basis on the occasion of professional or social events. Going forward, we would like to expand our activities to include the organization of our own professional workshops and initiate regional collaboration within Central and Eastern Europe. We also plan to build partnerships with leaders and young professionals of private equity and venture capital firms across Europe.
Some Recent NextGen Events
Private Equity in the Region (Panel Discussion)
NextGen members had the opportunity to discuss private equity fundamentals and defining trends in Hungary and the wider region during a panel discussion with Nikolaus Bethlen (Partner, Mid Europa Partners), Edward Keller (Partner, Dentons) and Balázs Tüske (Partner, EY).
Game Watching
NextGen members gathered on Margaret Island to cheer on the Hungarian water polo team.
Bowling
Moving on from cheering to a more active event, members had the opportunity to participate in a bowling competition organised by NextGen.
Outlook for the Hungarian VC Industry Post JEREMIE Programme (Panel Discussion)
We discussed the domestic VC market, the achieved and expected results of the JEREMIE programme and the future of the industry with András Szombati (Partner, Primus Capital) and Levente Zsembery (CEO, X-Ventures).
Laser Tag
NextGen members got together for a laser fight. Two teams competed against one another, first in the Wild West and then in a galaxy far far away.
Wine Tasting
NextGen members discovered the wines of the Szekszárd region with the help of up-and-coming winemaker Adrián Bősz.
History of VC és PE (Panel Discussion)
On this occasion, we invited Gábor Baranyai as our guest to share with us his experiences at various Hungarian fund managers starting from 1992. Gábor’s recollections were made even more colorful through the insights of Dr. Judit Karsai, a senior research fellow at the Hungarian Academy of Sciences, author of numerous articles and studies and an expert in the fields of PE and VC.
Get Involved with Next Gen!
Dániel Papp
Daniel Papp is an Investment Manager in the Growth Investment Team of Hiventures since March 2017. Previously, he worked 5 years in the Budapest office of Morgan Stanley, first as a Financial Analyst then as a Credit Research Analyst (tech industry). He holds a Master of Finance (Corporate Finance major) from Corvinus University of Budapest. He tries be active in his spare time, likes photography and traveling.
Dániel Papp
Daniel Papp is an Investment Manager in the Growth Investment Team of Hiventures since March 2017. Previously, he worked 5 years in the Budapest office of Morgan Stanley, first as a Financial Analyst then as a Credit Research Analyst (tech industry). He holds a Master of Finance (Corporate Finance major) from Corvinus University of Budapest. He tries be active in his spare time, likes photography and traveling.
Richard Illés
Richard Illes is Investment Director of OXO Ventures, started to deal with startups in 2017. In his previous role at Hiventures invested in more than 15 companies. Experienced at valuating and managing late seed and early Series A stage startups from investor side. His main areas are FinTech, E-commerce and CleanTech. He holds a Master of Finance (Corporate Finance major) from Corvinus University of Budapest, he wrote his thesis on Hungarian startup financing. He tries being active his spare time, likes traveling and spending his time with friends, and he is competing in handball.
Richard Illés
Richard Illes is Investment Director of OXO Ventures, started to deal with startups in 2017. In his previous role at Hiventures invested in more than 15 companies. Experienced at valuating and managing late seed and early Series A stage startups from investor side. His main areas are FinTech, E-commerce and CleanTech. He holds a Master of Finance (Corporate Finance major) from Corvinus University of Budapest, he wrote his thesis on Hungarian startup financing. He tries being active his spare time, likes traveling and spending his time with friends, and he is competing in handball.