IVCA Newsletter June 8, 2022

IVCA Newsletter

 

 

June 8, 2022

Association News

IVCA Feature: New Member Profile of 5th Century Partners

Next Event June 29: How to be an Upstander When You See Bias in Action

Have you signed up yet? On July 12th "Web3 is coming. Are your teams ready?"


Legislative News

IVCA Provides Updates for State Legislative Issues - 06/08/2022 


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

Castle Creek Biosciences Raises $112.8 Million to Advance Novel Gene Therapies and Expand Pipeline; Paragon Biosciences and Valor Equity Partners Participate

Relay Robotics Secures $10 Million Financing from MK Capital

Shore Capital Partners Announces Partnership with AA Medical

RoundTable Healthcare Partners invests in Polymedco alongside owner-Founders

McDermott Will & Emery - Investing in Healthcare and Life Sciences - June 2022

Sidley Represents Clearlake in Acquisition of Chelsea Football Club

Ropes & Gray Represents BV Investment Partners in Sale of GlideFast Consulting to ASGN Incorporated

Rheaply secures $20M to transform the future of the circular economy; HPA Participates

Sifter raises $5M in Series Seed Round

Visionary Broadband Announces Strategic Investment from GTCR

GTCR and Corza Announce Acquisition of Barron Precision Instruments

Sidley Represents ATTN: in Acquisition by Candle Media

Ropes & Gray Represents Aquiline Capital Partners in its Investment in Planet DDS

AppOmni Raises $70 Million in a Series C Funding Round Led by Thoma Bravo to Scale Market-Leading SaaS Security Solution

StatLab Medical Products acquires CellPath Ltd.

Anaplan and Thoma Bravo Announce Amended Merger Agreement

GTCR and Dreamscape Announce Strategic Investment in Standard Media Index

Ropes & Gray Advises Altamont Capital Partners in its Acquisition of Service Minds

Sidley Advises Hourly on US$27 Million Series A Funding

Walter Florence Discusses Executive Partnerships with Middle Market Growth

ARCH Venture Partners Announces Promotions and New Appointment

HPA Welcomes New Analyst

Victory Park Capital Welcomes New Hires on Operations and Investor Relations & Marketing Teams

Sidley Hauls In Sports Industry Duo From O'Melveny

Ropes & Gray Advises Prospect Hill Growth in the Acquisition of Motis Brands

Baird Capital Announces Sale of Portfolio Company Crisp

May River Capital Completes Sale of Precision Roll Solutions, a Full-Service Provider of Highly-Engineered Precision Roll Solutions and Related Process Componentry

Frontenac-Backed MCE Acquires Lone Star Machine Works

CORE Industrial Partners Portfolio Company CGI Automated Manufacturing Completes Acquisition of Elite Manufacturing Technologies

Ropes & Gray Advises TPG and Clayton, Dubilier & Rice on Regulatory Matters in $4 Billion Acquisition of Covetrus


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.

June 2022:

First Analysis - Vice President, Finance (Venture Capital Funds)

Manage all aspects of accounting and finance for First Analysis venture capital funds. Core responsibilities will be to coordinate and support overall planning, analysis, and execution related to the financial operations of the funds. First Analysis has one of the longest records in venture capital, having invested more than $800 million across multiple highly diversified funds over four decades. First Analysis invests mainly in North America with a focus on our sectors of expertise: technology/SaaS, healthcare and environmental technology. Our flexible approach targets investing $3-10 million as lead investor or as a syndicate partner bringing valuable perspective.

More information available here.

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]

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