Past Events
IVCA Toolkit Series: Outlook for Terms in Private Equity Investing
June 25, 2008
UBS Conference Center
Sponsored by Kaye Scholer LLP, this presentation focused on the importance of staying abreast of trends in market terms. Kaye Scholer's annual "What's Market?" survey has been maintaining data on private equity deal terms since 2002. The panlists presented information from the "What's Market" survey, data from Robert W. Baird's investment banking practice and Wind Point Partner's extensive deal experience to to analyze how these trends intersect with the current dislocation in the credit markets and where deal terms will evolve as the M&A market recovers.
2008 Baseball event - White Sox game in the Miller Lite Terrace Suite
June 19, 2008
U.S. Cellular Field
Mayer Brown LLP sponsored our first ever White Sox Suite event which was enjoyed by more than 170 members, friends and family. Also attending were members of Chicago Private Equity Network and Wharton Private Equity Partners as well as IL IT Association (ITA), TiE Midwest, IL Technology Development Association (ITDA).
IVCA Toolkit Series: Using Management Assessment Tools to Maximize IRR
May 28, 2008
UBS Conference Center
The second in our "IVCA Toolkit Series", sponsor, ghSmart's presentation focused on human capital best practices which allow investors to make better people decisions and improve the returns on their investments.
2008 IVCA/NVCA Luncheon
April 16, 2008
The Fairmont Chicago
Carl Tannenbaum, nationally recognized economic consultant discusses "A Pregnant Pause: The Economic Outlook for the Remainder of 2008". Sponsored by Virchow, Krause & Company, LLP
March 17, 2008 - The University of Chicago Gleacher Center
March 18, 2008 - The Sheraton Chicago Hotel & Towers
Attended by more than 400 VCs, angels, entrepreneurs and service providers, the 2008 MVS spanned 2 days and 2 venues.
Day one began with the University Business Plan Competition, where IL DCEO awarded its $50,000 grant to ReTel Technologies, University of Chicago GSB, one of 8 participating universities. The afternoon session included 24 Early Stage companies whose presentations were viewed by more than 220 and judged for the 2008 Bob Geras Grant.
Day two included the awarding of the 2008 Bob Geras Grant to PatientImpact who was issued a check for $70,000 at the networking breakfast which began the day. The morning continued with the presentations by the 18 Series A+ companies and followed by panel presentations hosted by Sonnenschein Nath and Rosenthal LLP and Reed Smith LLP.
The luncheon, hosted by KPMG, featured speaker John Gartner, author of The Hypomanic Edge.
The afternoon continued with a second round of presentations by each of the 18 Series A+ companies which were then followed by panels hosted by The Revere Group and Probitas Partners.
IVCA Toolkit Series: Strategic Due Diligence and Post-Investment Planning
February 28, 2008
UBS Conference Center
The first of the "IVCA Toolkit Series", sponsor Bain & Company's Private Equity Group offered methodologies and tools it employs to address typical post investment management opportunities using insights developed during due diligence.
2007 Annual Awards Dinner
December 3, 2008
The Four Seasons Hotel Chicago
This year's honorees: Steven N. Kaplan, University of Chicago, GSB; John R. Willis, Willis Stein & Partners and Samuel B. Guren, Guren Capital Management, LLC were honored for their acheivements in IL's venture capital and private equity industry by more than 460 attendees during an evening which included dinner and networking.
Current Issues in Venture Capital & Private Equity Investing
October 23, 2007
The Union League Club
The IVCA hosted a luncheon for public pension funds to introduce the IVCA's mission of supporting the growth of the venture capital and private equity industry in Illinois and our shared fiduciary interests in an effort to forge a closer relationship with public funds. A panel discussion of "Current Issues in Venture Capital & Private Equity Investing" was presented. Topics covered were: overall industry VC & Buyout Trends, current issues affecting VC and current issues affecting buyouts.
7th Annual CFO Summit for Finance Professionals of Venture Capital and Private Equity Firms
October 18, 2007
The University of Chicago Gleacher Center
The IVCA presented the 7th Annual IVCA CFO Summit with presenting sponsor Silicon Valley Bank (SVB) on Oct. 18.
This annual event, which is offered for the benefit of venture capital and private equity firm CFOs and their staff, attracted almost 100 people in 2007. Bob Blee of SVB hosted a dinner the night before that was attended by out-of-state firms and some local CFOs.
The CFO Summit is designed to cover issues relevant for venture and buyout firms. The full-day event included presentations and panels covering:
Tax and accounting issues
Fund formation structuring issues and market terms update
Non-cash compensation
How to decide when it’s time to implement IT
Click here for review of event.
Financial Technology Investing - Chicago's Homegrown Successes
September 13, 2007
The Metropolitan Club
On Sept. 13, the Illinois Venture Capital Association and the Illinois Information Technology Association collaborated to present “Financial Technology Investing: Chicago’s Home-Grown Successes”. The event was sponsored by William Blair & Co. and cohesiveIT.
Following the presentation by Rob Metzger, William Blair & Co, founders and CEOs of leading and aspiring Chicago-area financial technology companies shared their insights and experiences with raising venture capital and private equity during a panel conversation. Featured panelists included: Robert McCullen, AmbironTrustWave' Sam Mele, Firm58; Ajay Singhvi, Arroweye Solutions; and Tom Sosnoff, thinkorswim, Inc. The panel was moderated by Devin Mathews of Baird Venture Partners.
2007 Cubs Rooftop with Family & Friends
June 15, 2007
Wrigley Field Rooftops
Nearly 170 IVCA members, friends and family attended the annual Wrigley Field rooftop outing on June 15. In addition to an afternoon of networking and fun, the Cubs pulled off a convincing 4-1 victory over the San Diego Padres. Food and refreshments were served and the facility offered inside viewing and air conditioning to combat the seasonably warm day. The IVCA thanks HSBC Bank NA for sponsoring the event.
2007 IVCA/NVCA Annual Luncheon
May 9, 2007
University Club of Chicago
Sponsored by Kirkland & Ellis LLP and Virchow, Krause & Company, LLC, the annual IVCA/NVCA Luncheon brought 170 IVCA members and non-members to hear Jack Levin's presentation of "New Developments in Private Equity, Venture Capital, and Fund Formation".
For a .pdf copy of Mr. Levin's presentation click here.
The IVCA is a Registered Public Accountant Continuing Professional Education Sponsor. To receive certification of attendance, please contact
kpyne@illiniosvc.org.
Transitioning Fund Management
March 15, 2007
The Metropolitan Club
Madison Dearborn CEO John A. Canning, Jr., Code Hennessy & Simmons partner Brian P. Simmons and Thoma Cressey Bravo managing partner Carl D. Thoma convened on March 15 at the Metropolitan Club for a panel discussion on transitioning fund management. The panel, which was moderated by Kirkland & Ellis partner Bruce Ettelson, showcased three different approaches to managing succession. All panelists were founding members of their respective firms.
Are You Ready for Fair-Value Accounting?
January 22, 2007
The Metropolitan Club
On Jan. 22, the Illinois Venture Capital Association held a panel discussion that focused on fair-value accounting. The session, which was sponsored by Deloitte, was moderated by William Hupp of Adams Street Partners, LLC. Held at the newly remodeled Metropolitan Club of Chicago at the Sears Tower, Bob Bartell of Duff & Phelps, LLC, Karen Fanelli of Frontenac Company, Lee Mitchell of Thoma Cressey Equity Partners and John Stomper of Deloitte contributed to the panel.
2006 IVCA Awards Dinner
December 4, 2006
The Four Seasons Hotel Chicago
More than 470 people enjoyed an evening of cocktails, dinner and networking as Keith Bank, KB Partners, Paul Finnegan and Sam Mencoff, Madison Dearborn Partners and Don Phillips, WP Global Partners were honored for their achievements in the Illinois venture capital and private equity industry.
2006 Midwest Venture Summit
(Photo Gallery Updated 1/19/07)
November 1, 2006
Chicago Marriott-Downtown
More than 30 early and seed stage companies presented business plans and equity offerings to regional venture capital investors. Investor members of the Illinois Venture Capital Association, which organized the event, worked with presenting entrepreneurs and executives on developing tighter, more focused presentations.
The morning presentations were divided between 17 companies raising Series A or later financing rounds as well as 15 companies raising angel and seed financing rounds. Presentations lasted 10 minutes each with opportunities for questions and answers, with five-minute intervals between each presentation.
6th Annual CFO Summit for Finance Professionals of Venture Capital and Private Equity Firms
An annual event, this year's CFO Summit was sponsored by Kirkland & Ellis LLP, Silicon Valley Bank and Willis Mergers & Acquisitions Group. The attendees earned 8 continuing education credits as they covered the subjects of portfolio valuation, accounting & tax issues, market valuations, state of the industry, insurance strategies and contact management & reporting.
Complying with Illinois' Sudan Laws
October 5, 2006
The Tower Club
IVCA members were invited to attend a discussion of "Complying with Illinois' Sudan Laws". Moderator Tony Abboud, Greenberg Traurig, led the panel which included Bruce Ettelson, Kirkland & Ellis LLP, Malcolm B. Nicholls III, Proskauer Rose and Michael Rosenberg, Sonnenschein Nath & Rosenthal.
Evaluating the Market for Exits Luncheon
Sponsored by:
Robert W. Baird & Co.
William Blair & Company
September 19, 2006
UBS Conference Center
On Sept. 19 IVCA members attended a panel discussing the current markets for liquidity opportunities within the mergers and acquisitions, public offerings and alternative investment markets. The panel included Christopher Coetzee of Robert W. Baird & Co., Brandon Lower of William Blair & Co. and Deborah Quazzo of ThinkEquity Partners and was moderated by Michael Gray of Neal, Gerber & Eisenberg.
The event was recorded and is available via Podcast by clicking here.
Cubs Rooftop Game
June 16, 2006
Waveland Rooftop
We thank Deloitte & Touche, Quarles & Brady, and The Golder Center at University of Illinois Urbana-Champaign for hosting our event. Members watched the Cubs play Detroit, ate great food and enjoyed a beautiful afternoon in the sun.
Investor Confidential with David M. Rubenstein
May 15, 2006
The Tower Club
Members were treated to the wit and wisdom of David M. Rubenstein, The Carlyle Group.
2006 Annual IVCA/NVCA Luncheon
April 6, 2006
Union League Club of Chicago
An annual event, this luncheon is hosted by both the IVCA and NVCA. Featured speaker this year was Steven Kaplan, Prof. of Entrepreneurship and Finance, University of Chicago GSB, his discussion topic, Should You Bet the Jockey or the Horse.
Investor Confidential Breakfast with Promod Haque
March 20, 2006
University Club of Chicago
IVCA and TiE Midwest co-hosted a breakfast for their members which featured Promod Haque, Managing Partner of Norwest Venture Partners and named #1 venture capitalist in 2004. Mr. Haque discussed “Methods for Networking Success” and finished with a Q & A session.
March Madness
March 16, 2006
Poag Mahone’s
The NCAA March Madness provided the perfect backdrop for our members to socialize and network over drinks, eats and b’ball.
Networking Reception
February 23, 2006
The Tower Club
Drinks and hors d’ouvres are included as members drop by on their way to the train for an informal opportunity to network with other members.
Investing in Open Source Technology Companies Luncheon
February 14, 2006
Conference Center at UBS Tower
The IVCA will occasionally co-host an event, in this case with the Illinois IT Association. The educational luncheon, hosted by IBM and Sonnenschein Technology Partners offered discussion on Investing in Open Source Technology Companies by panelists: Lee Bliss, IBM; Christine Mason, SpringCM; Craig Mohan, Shopper Trak; Dan Phelps, Duchossois Technology Partners; and Steve Tuecke, Univa Corporation. The event was moderated by Samuel Fifer, Sonnenschein Nath & Rosenthal.
Sudan/Ethics Reform Panel Discussion
January 9, 2006
Metropolitan Club
An evening panel discussion highlighted two timely subjects in the private equity community. Attendees were able to participate in discussion regarding the Sudan and Ethics Reform with Bruce Ettelson, Kirkland & Ellis; Rep. Kurt Granberg; Sen. Don Harmon; Mike Jacobs, Adams Street Partners; Martin Noven, IL State Treasurer’s office; Philip B. Pool, Jr., Willis Stein & Partners; Sen. Jeff Schoenberg; Nick Yelverton, IL TRS; and Dan Slack,SURS.
2005 Annual Awards Dinner
December 5, 2005
Four Seasons Hotel Chicago
One of our premier events, over 400 attendees had the opportunity this year to network and honor three of private equity’s biggest names: Norm Bobins, LaSalle Bank; Gary Brinson, Brinson Investments; and Robert Finkel, Prism Capital. Thanks to our sponsors: Adams Street Partners, Apex Venture Partners, Ernst & Young, Frontenac Company, Jones Day, JPMorgan Private Bank, Kirkland & Ellis LLP, Kutchins Robbins & Diamond Ltd., LaSalle Bank, LaSalle Investments, Madison Dearborn Partners, Mesirow Financial, MK Capital, Motorola Ventures, Prism Capital, Quarles & Brady LLP, Sonnenschein Nath & Rosenthal, Spencer Stuart, Svoboda Collins, The Plexus Groupe, Thoma Cressey Equity Partners, William Blair & Company, Wildman Harrold, and Willis Stein & Partners.
5th Annual Summit for CFOs of Venture Capital and Private Equity Firms
October 27, 2005
Swissotel Chicago
Sponsored by Charter One Bank, Ernst & Young, Kirkland & Ellis, Silicon Valley Bank and The Plexus Groupe this is a full day educational event earmarked to CFOs. The agenda for the day covered Tax and Accounting Issues, Cash Management Choices: Impact on IRR, Risk Management Processes: Before and After the Deal, Current Fund Terms, Best Practices in Foreign Exchange Management, and Fund Performance Benchmarks.
LP Panel Luncheon
September 22, 2005
Sears Tower Conference Center
One of the IVCA’s most popular events, the topics covered were Allocations to Alternatives and Private Equity in Particular, Views Toward Investing in Emerging funds, Due Diligence and Current Market. The discussion was moderated by Matt McCall, Portage Venture Partners and the panel included:
Bob Debolt, Mesirow Financial Private Equity
John D. O’Malley, West AM Private Equity Group
Richard A. Strait, Northwestern Investment Management Company LLC
