PRINT THIS PAGE Hungarian Venture Capital and Private Equity Association Newsletter18/02/2004. Source: Hungarian Venture Capital and Private Equity Association.
One of the major trends in the Hungarian private equity market in 2003 was the increasingly prominent role of the state in financing early-stage companies, according to the Hungarian Venture Capital and Private Equity Association. The recruitment of stock markets is also expected to give an impetus to venture capital in Hungary ahead of accession to the European Union later this year.
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The Hungarian Venture Capital and Private Equity Association (HVCA) represents virtually every major source of funds and expertise of private Equity in Hungary and is dedicated to promoting the venture capital and private equity industry for the benefit of funds, entrepreneurs, private Equity professionals and the economy as a whole. The Association aims to promote the development of the industry, and to create a set of rigorous professional and ethical standards for its member companies to follow. The members involve all the important investors or advisors in the sector dealing with non-quoted companies.
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