IVCA Newsletter June 20, 2022

IVCA Newsletter

 

 

June 22, 2022

Association News

IVCA Profile: Neal Sáles-Griffin, Managing Director of TechStars Chicago, on the Class of 2022

Find out "How to be an Upstander When You See Bias in Action" on June 29th!

"Web3 is coming. Are your teams ready?" Find out on July 12th!


Legislative News

IVCA Provides Updates for State Legislative Issues - 06/22/2022


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

Linden Announces Agreement to Acquire Majority Stake in Aspirion

Victory Park Capital Closing on $2.4 Billion for Asset Backed Opportunistic Credit Strategy

Grayshift Announces Strategic Investment from Thoma Bravo

Chicago:Blend Startup Diversity Survey findings

Katten represents PSP Capital in its acquisition of StormTrap

Ropes & Gray Advises 3i on Digital Barriers Investment

Sidley Represents EnterpriseDB and Great Hill Partners in Majority Growth Investment from Bain Capital Private Equity

Shore Capital Announces Partnership with Moesle Meat Distribution

Origin Ventures Invests in Cloverleaf

Fountain Announces $100M Financing Led by B Capital Group

Katten represents North Branch Capital in its expansion of Residential Roofing Platform

Ropes & Gray Advises New Mountain Capital in Growth Partnership with Emmes

Sidley Represents Commonwealth Asset Management and Shadowbox in US$500 Million Strategic Investment From Silver Lake

Pritzker Private Capital-Backed Plaskolite Acquires MXL Industries

CORE Industrial Partners Portfolio Company RE3DTECH acquires GoProto

Growth Catalyst Partners-Backed GovExec Acquires CJIS GROUP, Leading Provider of Procurement Data for State and Local Market

GTCR and Carlyle-Backed Resonetics Announces Acquisition of Agile MV

Katten represents E78 Partners in its acquisition of Cadilus Inc.

Ropes & Gray Advises New Mountain Capital in Growth Partnership with Emmes

Ropes & Gray Represents Altamont Capital Partners in Sale of Excel Fitness to Olympus Partners

Ropes & Gray Advises Cambridge Information Group on Acquisition of Emerald Publishing

Ropes & Gray Represents Genstar Capital on the Sale of a Majority Stake in Advarra to Blackstone and CPPIB

Ropes & Gray Advises Providence Equity Partners in Sale of Vistage Worldwide

Buyer Beware: Compliance Risks at Emerging Cellular and Gene Therapy Companies

Sidley Duo Named 2022 Private Equity "Leaders of Influence" by Los Angeles Business Journal

Sidley Represents Athene and Wheels Donlen in the Latter’s Acquisition of LeasePlan USA

Sidley Represents Clearlake Capital in Its Strategic Investment in AMCS


 

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