HVCA Investment Conference 2024

24 September, Budapest Music Center, Budapest
08:30–09:00

Registration

09:00–10:40

Section I

09:00 - 09:10

Chair

Chair: dr. Judit Budai, Co-Managing Partner, Szecskay Attorney at Law, HVCA Board Member

09:10 - 09:20

Opening

András Molnár, HVCA Chairman; CEO, PortfoLion Capital Partners

09:20 - 09:30

The Awards Ceremony of John Harsányi Prize

09:30 - 10:10

Keynote speech: Venture Capital in Times of Crisis; the Power of Resilience

Jonathan Medved, Founder, CEO, OurCrowd
Q&A session with J. Medved by András Molnár, CEO PortfoLion Capital Partners and Dr. Milos Milicsevics, Institute of Entrepreneurship and Innovation, Corvinus University of Budapest.

10:10 - 10:40

Presentation: Trends, Dynamics & Market Pulse'

What are the recent trends in M&A activity in Central and Eastern Europe, and in Hungary in particular?
How do they compare to other markets?
How do private equity and venture capital shape market dynamics in the region?
What insights does BCG's new M&A Sentiment Index offer for the market outlook?

Presenter: Balázs Zoletnik, Partner, BCG

10:40-11:10

Coffee Break

11:10–12:30

Section II

11:10 - 11:50

Panel discussion: Are Fund of Funds’ schemes Europe’s secret weapon?

Moderator: Laszlo Czirjak, Managing Partner, Interactive Venture Partners

Panelist:
• Malgorzata Walczak, Head of GreenHub Fund of Funds, PFR Ventures
• Sándor Buda, CEO & Chairman, Hungarian Development Bank
• Joe Schorge, Founder and Managing Partner, Isomer Capital (online)

11:50 - 12:30

Panel discussion: Will European fundraising become a new norm for growth-stage startups in Europe?

The panel will explore the vital role of late-stage investors in financing the growth of European startups from geopolitical, public
policy and investor perspectives.

Moderator: Péter Tánczos, Managing Partner, Euroventures

Panelist:
• Michael Rager, Partner, DTCP Capital
• Radovan Nesrsta, General Partner, Orbit Capital
András Molnár, CEO PortfoLion Capital Partners

12:30-14:00

Lunch

14:00–15:20

Section III

14:00 - 14:40

Panel discussion: Lessons from investing in life sciences in CEE

The panel discussion explores the peculiarities of investing in life sciences in CEE, bridging local practices with global qualities to offer the audience a set of conclusions about the outlook of this specialist investor activity in this region.

Moderator: Dr. Milos Milicsevics, Institute of Entrepreneurship and Innovation, Corvinus University of Budapest

Panelist:

• Attila Várkonyi, Managing Partner, FastVentures
• Svetoslav Stefanov, Senior Investment Officer, European Innovation Council Fund
• Dr. Péter Puskás, Chief Executive Officer, Sycamore Capital Partners
• Martyn Eeles, Managing Partner, Clarma Capital

14:40 - 15:20

Panel discussion: CEE Tech investments / deals on the rise

Despite the ups and downs in VC investments and the M&A market globally, CEE tech transactions show resilience in the past
3-5 years, moreover steady growth. We invited tech focused investors and experts to share insights about this trend, asking them
about the drivers, so our community can learn what are the implications for their own strategy.

Moderator: Lénárd Horgos, Partner, Growth Financing I M&A, Absolvo Consulting

Panelist:

Filip Berkowski, Senior Investment Partner, MCI Capital
• Kevin Morgan, Chief Investment Officer, Jonas Software
• Jiri Benes, Managing Partner, Genesis Capital Growth

15:20-15:50

Coffee Break

15:50–17:10

Section IV

15:50 - 16:40

Panel discussion: Venture Debt as an Alternative Form of Financing

This panel aims to explore the current role of venture debt in early-stage firms’ life cycle, outlining a number of positive synergies
and the nature of complementarity between venture debt and venture capital finance.

Moderator: Dr. Judit Budai, Co-Managing Partner, Szecskay Attorney at Law

Panelist:
Izabella Hermann-Schön, Managing Partner, Round 2 Capital
Daniel Mallon, Principal, Claret Capital Partners
• Gergely Krajcsi, Senior Manager, European Investment Bank
• Denis Mosolov, Managing Partner, Flashpoint Growth Debt Fund

16:40 - 17:10

Fireside Chat with Steve Balaban, Chief Investment Officer, Mink Capital (online)

Recent Trends and the Evolution of the Family Offices

According to Credit Suisse’s estimation, there are approximately 10,500 family offices globally. Due to their long-term outlook, they
are often treated as 'patient capital.' In recent years, family offices have not only become the most active investors behind private
equity funds, but 38% of them have also increased their private equity exposure, according to Citibank’s Global Family Office Survey
Inside 2023. Our speaker, Steven Balaban, founder and CEO of Mink Capital, trains and advises family offices, supporting their private
equity investments.

Moderator: Levente Zsembery, Managing Director, Lamassu Capital

17:10

Closing remarks