Peter Oszkó is a former Big4 Managing Partner and technocrat Finance Minister of Hungary, currently managing listed European tech investor group, based in Rotterdam and Budapest.
Peter joined Deloitte as partner in 2004, nominated as country Managing Partner in 2007, at the same time also took the leadership of Deloitte advisory business units in the former Yugoslav countries. In the same year he was nominated and selected for the title of Young Manager of the Year in Hungary.
Partly as a result of various public activities, he was invited into the technocrat government of Hungary for a one-year crisis management job in 2009. As a Finance Minister he was involved in a fiscal adjustment of about 4% of the GDP in one year, including pension reform, the financing of local municipalities and the restructuring of the tax system as well. He managed to bring back Hungary to market based financing and not to use the inherited IMF/EU financed loan facility. He also represented the government on specific projects and acquisitions in the energy sector.
From the second half of 2010 he started new professional activity in the emerging Hungarian venture capital industry. He took the leadership of the VC subsidiary of OTP group. In two years, he involved other LPs besides OTP, launched two new VC funds and increased the size of managed assets to EUR 100 million, while he also managed to exit from the first investments at spectacular valuations.
Peter left OTP group in 2014 to launch his independent regional VC firm with various LPs from the tech and financial sector under its own brand, OXO. He formed OXO Technologies Holding as a tech investor group active in the early and growth stage while executing buyout deals as well. OXO group also includes a property investment and an advisory business line and is also active in the creative and cultural industries as well as tourism and leisure besides tech investments as its primary focus. In the core tech segment, the group currently manages an asset value of EUR 150 million and is listed on the Budapest Stock Exchange.
