BUDAPEST: Hungarian Private Equity and Venture Capital Association (HVCA) said in a press release today, a total of €44 billion in new funds was established in Europe in 2014.
According to the company, one-tenth of the funds were established as venture capital, while the rest was private equity. “Due to the market sizes, Poland and Turkey are the most popular investment destinations in the region,” József Kövér, Partner at 3TS Capital Partners, said. Kövér also noted that when investors invest in a startup, the potential success of that startup is of greater importance than where the company is located.