Zsolt Agárdy is an enterprising financier with decades of experience in venture capital, business development, and equity investment. A Hungarian native, he moved to Argentina with his family at a young age and earned a college degree before joining Ford Motor Company in 1966. He moved to Dearborn, Michigan in his early twenties and then returned to be Special Programs Department Manager in Ford Motor Argentina. After seven years, Zsolt took on a new opportunity: investment banking. In 1973 he became the president of the Argentine branch of a friend’s international private equity investment and venture capital business, Fiduc Group, which he acquired in 1989. This was the start of a fruitful investing career that would last nearly thirty years.
At Fiduc Group, Zsolt structured acquisitions of controlling stakes in several Latin American companies. He successfully overhauled the management of large companies, such as paper conversion and stationery company Angel Estrada & Cía SA, in which he served as chairman. Zsolt also focused on real estate development, contributing to the organization of joint ventures to build hotels in various countries like Argentina, Chile, and Hungary. Putting together a group on international investors, he became the President and CEO of Odelis SA, the company that developed the unique Acqua residential property in Punta del Este, Uruguay. Zsolt was also a board member in various portfolio companies.
Zsolt has always been interested in the progression of finance. As an angel investor Zsolt not only created the largest over-the-counter financial trading company in Argentina, but he invested in the first online financial trading company in South America, Patagon.com International, Inc. He later successfully merged this company with InvestCapital and was later sold to Santander Bank. Mr. Agárdy was also Vice President of Zurich-based Bankinvest Ltd. and was in charge of South American operations.
Zsolt Agárdy is passionate about education. He is one of the founders and current board member of Universidad de San Andres. Plus, he serves as a member of the Board of Trustees of St. Andrew’s Scots School in Buenos Aires.
He served as a Member of the International Advisory Board of the University of Miami, where he earned his master’s degree in 2001 and from 2002 to 2005. Zsolt returned to the University to speak at a panel titled “The Economic Outlook for Argentina” at the Center for Hemispheric Policy on April 21, 2015.
Zsolt was the president of the Argentine Gastronomical Society, in which he combined his love for investment and education by supporting up-and-coming chefs, sending them around the world to perfect their cooking skills, and helping them open their own restaurants.
He also contributes to a number of philanthropic activities in various countries. He sponsors water-well projects in the Republic of Ghana through St. Hugh’s Catholic Church. Zsolt supports people of all ages who are in need; he supports housing projects for the elderly and sick in Argentina through “Szent Istvan Oregotthon”, and also collaborates with the Make-a-Wish foundation for terminally ill children. Zsolt has also contributed significantly to music organizations, particularly classical Hungarian music foundations like Ars Hungarica at the Hungarian Academy of Sciences and opera houses such as Fundacion Teatro Colon in Buenos Aires.
Now, Zsolt Ágardy has divested from the majority of companies he had and resigned from his official positions.He has opted instead to become a full-time resident of the Bahamas with plenty of time for leisure time and philanthropic pursuits. He continues to invest in various American and European ventures and maintains certain portfolio investments in Argentina. See some of his latest ventures on Slideshare.net.