IVCA Newsletter May 25, 2022

IVCA Newsletter

 

 

May 25, 2022

Association News

IVCA Feature: Highlights of 2022 IVCA Spring Luncheon … “What Limited Partners are Talking About”

Next Event June 29: IVCA Diversity Series - Register Now for 1, 2 or 3 Upcoming Sessions!

Register today! On July 12th "Web3 is coming. Are your teams ready?"


Legislative News

IVCA Provides Updates for State Legislative Issues - 05/25/2022


IVCA Events

June 29, 2022 - IVCA Webcast: Inclusion in Action Series, Part 2 - How to be an Upstander When You See Bias in Action

July 12, 2022 - Web3 is coming. Are your teams ready?

September 8, 2022 - IVCA Inclusion in Action, Part 3 - How To Be Authentic at Work, Especially in Uncertain Times

October 20, 2022 - IVCA CFO Summit for Finance Professionals of VC/PE Firms (only)

November 18, 2022 - IVCA Inclusion in Action, Part 4 - Strategies for Survival: Cultivating Mentors and Allies for Success

December 5, 2022 - 2022 IVCA Awards Dinner presented by Kirkland & Ellis LLP


Other Events of Interest

September 22, 2022 - 2022 Momentum Awards


Industry News

BPOC Announces Formation of Bond Orthodontic Partners

KB Partners Leads $3 Million Fund Raise of SIQ Basketball to Accelerate Growth and Drive National Expansion

Prairie Capital VI Announces the Sale of Fairway Lawns

Locke Lord Represents PEAL Capital Group in Financing of Derma Medical Acquisition | Experience | Locke Lord

Ropes & Gray Advises Bain Capital on its Hugel Inc. Stake Sale

Sidley Represents Clearlake Capital in its Acquisition of Kofax

Imply Announces $100M Investment Led by Thoma Bravo to Drive the Market Shift to Modern Analytics Applications

GTCR Announces Recapitalization of PathGroup

Thoma Bravo Completes Acquisition of Bottomline

Ropes & Gray Represents TriArtisan Capital Advisors in its Acquisition of EnergySolutions

Sidley Advises Tenyx on US$15 Million Seed Round Funding

Concentric Equity Partners Port Co Leap Partners Announces Acquisition of George Plumbing

Wind Point Partners Port Co Smart Care Acquires Almcoe Refrigeration

High Street Capital Portfolio Company Suburban Acquires Applewood Drywall

Sidley Represents Fintech Platform The TIFIN Group in Series D Financing

Ropes & Gray Advises GHO Capital Partners and Genesis Research in the Acquisition of Market Access Transformation

BPOC-Backed Home Care Delivered Acquires United Medical Providers to Accelerate Growth in Strategic Urology Segment

Growth Catalyst Partners-Backed Journey Announces Acquisition of ICRAVE, Skilled Creative and Futures Intelligence Group Creating a Leading Innovation and Design Agency

Ropes & Gray Represents Welsh, Carson, Anderson & Stowe in a Joint Venture with Humana’s CenterWell Senior Primary Care

Sidley Represents Inriver in Connection with Majority Investment by Thomas H. Lee Partners

Madison Dearborn Partners Names Tim Sullivan and Tom Souleles as Co-Presidents

Frontenac Ranked No. 14 on the 2021 HEC-Dow Jones Small-Cap Buyout Performance Ranking

GTCR’s Acquisition of Cisive Recognized with 2022 Middle-Market Deal of the Year Award

Sidley Partners Say Global Challenges Won’t Stifle PE Activity

The Sidley Podcast: What Fund Managers and Investors Should Know About the SEC’s Bold New Regulatory Agenda

Sidley Represents amika and Eva NYC Brands in Their Acquisition by Bansk Group


Job Postings

Please view the details for each Job Posting listed below, on our website HERE. Once at Job Postings please scroll down the pages to view the jobs. They are listed chronologically as received, most current first.

 

May 2022:

Kinzie Capital Partners - Vice President, Finance & Accounting


As a valuable Kinzie employee, the Vice President, Finance & Accounting will assist the team by taking an active role in supporting the Finance & Operations team, which is dedicated to financial and compliance management as well as general operations. This role reports to the Founder & Managing Partner and works closely with the Director, Investor Relations & Operations as well as the Assistant Vice President, Finance & Investor Relations.

Get full job description HERE!  Please send inquiries to [email protected]

April 2022:

ARCH Venture Partners - Senior Fund Accountant

We are looking for an experienced accountant to join our finance and accounting team at ARCH Venture Partners. This position will report to the SVP of Finance and will interact with all members of the accounting and finance team, including the Finance and Accounting Manager, Director of Finance, and CFO.

Get full job description HERE!  Please send inquiries/questions to Zach Wensch.

March 2022:

RiverGlade Capital - Controller

RiverGlade Capital (“RiverGlade” or “RGC”) is a Chicago-based private equity firm focused on control buyouts of growth-oriented, lower middle market healthcare companies. RiverGlade partners with founders, entrepreneurs and management teams of high quality, differentiated healthcare companies that have EBITDA in the range of $3 million to $15 million and generally invests $20 million to $80 million per platform.

Investing together for more than two decades, the RiverGlade team is currently deploying RGC Fund I, a $325 million fund. This is a unique opportunity to join a strong organization, contribute valuable, hands-on experience, and be directly involved in the operations of the firm.

For more information visit www.rivergladecapital.com.

Job Description
The Controller will focus primarily on the accounting and operations of various investment Funds managed by RiverGlade Capital. Key areas include managing the quarterly and monthly fund close process, investor allocations, investor statements, creating capital call and distribution schedules, coordinating and interfacing with the Fund Administrator, generating internal and investor reporting, overseeing cash management and assisting in the audit and tax reporting processes. The candidate should be highly motivated, self-directed, possess strong analytical skills as well as have excellent communication skills. This team member will be part of a small and dynamic team and will report directly to the CFO.

Get all of the details HERE!

November 2021:

50 South Capital - Assistant Controller – Alternative Investments

The Alternatives Assistant Controller will be responsible for overseeing the day-to-day operations of our hedge fund and private equity fund of funds.  This role will be key part of the team to ensure the safety of client assets and that procedures are being followed.

50 South Capital was formed with the vision of building a team of experienced professionals while leveraging the network, reach, and resources of a global asset management firm. We believe that this will position us to generate attractive risk-adjusted performance and most importantly, to provide a boutique client experience that investors seek in a long-term partner. As of December 31, 2020 we have approximately $7.6 billion in assets under management and $2.9 billion in assets under advisement.

For position details, click HERE.

October 2021:

KRD - Accountants, Consultants, Advisors

KRD has openings at all levels in our tax, audit and client services departments.

Do you know someone looking for a great opportunity with an accounting, finance or data analytics background?  We have a spot for them!

Please share their resume with  our HR Director Christi Gillen or Al Kutchins.

September 2021:

Full Time Analyst, Director of Partnership Platform – ARCH Venture Partners

We are looking for a full-time analyst to join ARCH Venture Partners (Chicago HQ). This analyst will play a central role in a high-visibility internal project, connecting corporate venture partners and tech scouts with cutting-edge research.

Our ideal candidate is self-directed, detail-oriented, and comfortable exercising initiative and operating with minimal guidance. Candidates must be excited about cutting-edge scientific technologies and comfortable going deep in a wide range of scientific domains.

This role is ideal for a high-performing person who is early in their career and wants to learn about the commercialization of science, corporate technology scouting, and venture capital.

Get information here!

 Analyst - NewSpring Capital

NewSpring Capital is looking for an analyst to support its Mezzanine strategy. In this position, you will play a critical role on our team of investment professionals who help to source new deals and manage our existing portfolio companies. You will provide support throughout the investment process and be involved in all aspects of the investment lifecycle including sourcing, underwriting and execution, monitoring and exiting.

Get all the details here!

August 2021

Nonprofit with venture capital model seeking new board members

A Better Chicago, a nonprofit venture philanthropy that aims to change how Chicago fights poverty, is seeking additional Board and Leadership Council members to provide strategic guidance, oversight, and support to the organization. A Better Chicago leverages a venture capital approach by investing in only the most promising and bold ideas that provide impactful, scalable opportunities for youth living in the city’s most vulnerable communities. Since 2010, A Better Chicago has raised more than $55 million to invest in its diversified portfolio of nonprofit organizations and to support over 100 capacity-building projects—ranging from strategic planning to leadership development—to strengthen the organizational capacity of its grantees. In total, A Better Chicago’s portfolio serves over 43,000 youth annually in the Chicago area.
Joining A Better Chicago’s Board of Directors or Leadership Council provides an unparalleled opportunity to impact Chicago while engaging in a community of like-minded leaders. The Board of Directors and Leadership Council are comprised of ambitious and experienced leaders from the public and private sectors who help shape the organization’s vision and strategy, interact with our community, and have access to exclusive, one-of-a-kind events. All Board and Leadership Council members share the organization’s values and are deeply committed to the mission of fighting poverty with opportunity. To learn more, please contact: Beth Swanson, Chief Executive Officer ([email protected]) or Becky Betts, Chief Marketing and External Affairs Officer ([email protected]) or visit abetterchicago.org.

 

Illinois Venture Capital Association
Please mail all correspondence to: 27 N. Wacker Drive, #405, Chicago, IL 60606
312-241-1618