Press Release

Press Release

Thu, June 02, 2016

HVCA 18th Annual Conference in Budapest presents top Hungary, CEE private equity investors as investment strengthens across region

Joe Andrew, Global Chairman of Dentons and former Chairman of US Democratic National Committee, to deliver keynote

June 1, 2016 – The Hungarian Private Equity and Venture Capital Association (HVCA) is pleased to announce that Joe Andrew, Global Chairman of Dentons, the world’s largest law firm, and former Chairman of the Democratic National Committee of the United States (DNC), will be the keynote speaker at its 2016 conference on Private Equity, Venture Capital and Corporate Finance in Central and Eastern Europe (CEE), which will take place on June 8 at the Sofitel Budapest Chain Bridge Hotel, Budapest. Mr. Andrew will speak about the impact of globalization on recent and current elections.

The HVCA’s annual conference is the premier event for leaders from business, political, and legal communities to interact and discuss the state of private equity (PE), venture capital (VC) and corporate finance in CEE/SEE. Other important topics on the agenda include András Simor, CFO and Vice President of the EBRD in London, speaking on private equity as a source of growth in the EBRD region, Árpád Török, CEO of TriGranit, speaking on the success of the TPG-TriGranit deal, and discussions of other important market developments including the competitive landscape for mid-market transactions in CEE, and successes in cross-border VC transactions in the region, after a year that, according to data from MergerMarket, saw a full-year increase of almost 680% in investment activity in CEE for 2015, compared to 2014, with EUR 14.1 billion invested.

“We are glad to welcome Mr. Andrew for his wide-ranging view of the intersection between globalization and national economies,” Levente Zsembery, HVCA Chairman and CEO of X-Ventures, said. “His policy perspective and experience with leaders in business and government give him unique insights into the context for investment and company-building in Europe’s newer market economies. Such geopolitical and macroeconomic insights are essential for investors in all asset classes – traditional and alternative – to understand the underlying factors behind near-future performance and current investment conditions.”

“Statistics show that buyout investment is strengthening across the region,” added Edward Keller, Partner at Dentons, a key supporter of the conference. “Accelerating activity, plentiful opportunities in Hungary and across the region, and many attractively valued assets, await private equity investors in CEE, as the market rises from the bottom of the cycle with real prospects for value creation.”

There are still opportunities to book delegate places at the HVCA 18th Annual Conference, with details and registration online at: http://www.hvca.hu/conference/.

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For further information and press opportunities, please contact: Capital Communications, Szilvia Hegyi, Phone: +36 1 266 0199. Fax: 36 1 318 0613. E-mail: Hegyisz@capital.hu.

About the Hungarian Venture Capital and Private Equity Association (HVCA)

The Hungarian Venture Capital and Private Equity Association (HVCA) represents the interests of the private equity and venture capital industry in Hungary by supporting its members and promoting adherence to the highest possible professional and ethical standards. The HVCA was established in 1991. Currently, the HVCA is known as one of the most dynamic and active professional organisations in the CEE region. The HVCA represents virtually every major player of the private equity and venture capital industry in Hungary and is dedicated to promoting the private equity and venture capital industry for the benefit of funds, entrepreneurs, private equity professionals and the economy as a whole.