Hungarian development bank MFB renames fund manager

Telco

Hungarian state-owned development bank MFB is renaming its venture capital fund manager to Hiventures from the former Corvinus name, according to Hungarian news agency MTI.

The newly renamed venture capital fund manager operates with capital of HUF 50 billion, including HUF 30 bln from Hungaryʼs program for awarding European Union funding for economic development projects, MTI recalled.

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