David Keresztes

Principal

Central Europe Trust

London, United Kingdom

41 profile visitsHungarian Participants

Founded by Lord Lawson 1989 235 M&A/finance deals 8 PE funds $825m 1000 projects & clients/counterparties $1-500m deals in all sectors david.keresztes@cet.co.uk

My organisation

Central Europe Trust

Consulting

Budapest, Hungary

Central Europe Trust (CET) was co-founded in 1989 by The Rt Hon the Lord Lawson of Blaby, PC, who as energy minister and chancellor under Baroness Thatcher led the economic liberalization of the United Kingdom, “Big Bang” financial deregulation of the City of London, ₤80b privatization program, and was of Central & East European (CEE) descent. CET’s leadership has 300+ years of experience including at Booz Allen Hamilton, JP Morgan, SG Warburg, Rothschild, Goldman Sachs, and Morgan Stanley. CET is headquartered in London; represented in Poland, Czechia, Slovakia, Hungary, fmr Yugoslavia, Romania, Bulgaria, Ukraine, and Russia and has been involved in projects having 1,000+ clients/counterparties: Financial advisory: 230+ merger, acquisition, corporate/project finance transactions (including 50+ involving $10b+ of private equity) Private equity: 8 CEE funds, 80+ investments, $825m+ with partners European Union (PHARE Programme), European Bank for Reconstruction & Development (EBRD), PPF, AIG, Framlington (now AXA), Credit Commercial de France (Cerberus), Bank Zachodni (Santander), Jupiter Asset Management, Commerzbank, and Charterhouse, generating 3.5x ROIC/30% IRR. Management consulting: 1,000+ market entry, business development, operational/financial optimization, and restructuring engagements $76m+ invested in Hungary enabled investees to attain market leadership: $40m TriGranit (attained CEE market leadership; exit to Nathaniel Rothschild, Sandor Csanyi) $20m Waberer's (attained European own-fleet market leadership; exit to MidEuropa Partners) $10m Csopak Holding (Ceres attained Hungarian toast market leadership; exits to Penam/Agrofert [Andrej Babis], Polus-Coop, Ivydale) $5m Royal Tokaj (attained global HORECA leadership among Hungarian vintners; exit to Euroventures, Damon de Laszlo) $1m Infoline (exit to Magyar Telekom) CET seeks minority and majority equity or credit transactions proactively in CEE but can consider worldwide of €1m-500m+ in all sectors, including, inter alia, technology, financials, health care, consumer, communications, industrials, energy, real estate, materials, and utilities.

About me

David Keresztes is a principal at Central Europe Trust (CET), an advisory and private equity firm co-founded in 1989 by Lord Lawson (who served as chancellor under Baroness Thatcher and was of Central & East European (CEE) descent) where he is primarily focused on transactions involving financial sponsors. Prior to CET, David founded Ujházy & Co., an advisory boutique focused on privatization and private equity, including a structured mandate from CEE venture capital/private equity firm Euroventures focused on fundraising and investing. Previously, he was a principal at The Riverside Company, a global private equity firm, where he was involved in fundraising and investing in SMEs in CEE. Before Riverside, David worked as an associate at Sanwa Duval, an advisory boutique backed by Sanwa, then the third-largest bank in the world, and founded by Michael Duval, formerly advisor to Presidents Nixon and Ford and later on the management committee of First Boston, with co-founders from Goldman Sachs, Merrill Lynch, Salomon Brothers and Drexel Burnham Lambert. David began his career as a financial analyst at Goldman Sachs, where he was involved in public/private offerings of equity/debt, corporate/financial restructurings, M&A and asset finance/leasing. He is a graduate of Columbia University with an honors degree in economics and natural sciences and passed FINRA General Securities Representative Examination (Series 7) and NASAA Uniform Securities Agent State Law Examination (Series 63). David is a member of the advisory board of Rock Lake Advisors.

My organisation

Central Europe Trust

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