IVCA Newsletter September 2, 2020

IVCA Newsletter


September 2, 2020

Association News

Profile: New IVCA Board of Director Member, John Yeager of WhiteHorse Capital … Direct Lending Affiliate of H.I.G. Capital

Do you wish Illinois would solve the pension problem once and for all? Join us on our September 3rd Webcast.

Deadline to Submit: Wed., Sept. 9th! You know the people, you know the Port Cos! Send us your nomination(s) for the Virtual 2020 Annual Awards! (2)

Legislative News

IVCA Provides Updates for State Legislative Issues - 09.02.2020

IVCA Events

September 3, 2020 - IVCA Webcast: Illinois’ fiscal and pension crisis: what you need to know and what can (and cannot) be done about it

October 27 & 28, 2020 - IVCA Virtual CFO Summit for Venture Capital and Private Equity Finance Professionals 

December 7, 2020 - Annual IVCA Awards Dinner

Other Events of Interest - If you are interested in any of these events, please check their websites as they may have been cancelled or postponed.

September 16-17, 2020 - Chicago Venture Summit


October 1, 2020 - Momentum Awards

October 5-9, 2020 - 2020 Wisconsin Leadership Summit

October 26 - 29, 2020 - Chicago Ideas Week

November 3, 2020 - ELECTION DAY

November 13, 2020 - Smart Business Dealmakers Chicago R/S from June 9, 2020

Industry News

Baker Tilly and Squar Milner Combine, Creating Coast-to-Coast Advisory CPA Firm

Paragon Rang the Nasdaq Closing Bell with Harmony Biosciences to Celebrate Successful IPO

The Bottom Line: NewSpring’s Investment in MicroAge

Ropes & Gray Represents Pacific Equity Partners on Sixth Core Fund

Locke Lord Represents Star America Infrastructure Partners

Baird Capital Invests in Blue Matter

ICON secures $35 million in a Series A led by Moderne Ventures

The Bottom Line: NewSpring Invests in FASHIONPHILE

Monroe Capital Closes $406.27 Million Collateralized Loan Obligation Transaction

Thoma Bravo Announces Completion of Strategic Growth Investment in Foundation Software

mHUB Closes First Round of $15M Venture Fund to Invest in Early-Stage Hardtech Startup

LaSalle Capital Exits Three Portfolio Companies

Ropes & Gray Advises GI Partners in the Completion of its Acquisition of Clinical Ink

Locke Lord Represents Catapult Energy Services Group, LLC

Plymouth Growth Partners Portfolio Company MentorcliQ, The Leader In Employee Mentoring Software, Acquires River Software

Periscope Equity Portfolio Company IBH Acquires Leading West Coast EAP Provider – Claremont EAP

Pritzker Private Capital Portfolio Company PLZ Aeroscience Acquires Mansfield-King to Expand Full-Service North American Personal Care Network

Ropes & Gray Advises Berkshire Partners on Agreement to Make Minority Investment in AHEAD

Wind Point Partners Portfolio Company Kleinfelder Acquires Garcia and Associates

Thoma Bravo Portfolio Company Qlik Acquires Knarr Analytics to Expand Real-Time Collaboration Across Entire Data and Analytics Supply Chain

Ropes & Gray Advises Bain Capital Private Equity in $750 Million Investment in Nutanix

High Street Capital Promotes Blake Bartolomei to Vice President

ParkerGale Capital Adds Cass Ziebel as Principal

2020 PEWIN Awards (North America, EMEA, Asia) Nomination Request - Deadline September 4th

1871's Women Influence Chicago Accelerator

Job Postings

Please view the Job Postings 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.

Jump Capital - NEW - August 2020

Investment Vice President

Jump Capital is a venture capital firm in Chicago, Illinois that backs entrepreneurs with a bold vision seeking a business partner and not just a financial investor. Jump is a multi-stage investor providing series-A to growth-stage capital with a focus on data-driven technology companies in the FinTech, Enterprise IT & Data Infrastructure, B2B Application SaaS and Digital Media sectors. Jump is currently investing from our $200million 6th fund which closed in Q4 of 2019.

Jump is a thesis-led investor with the mindset that it is important to have depth of understanding within microsegments of sectors to be effective partners. We also work to be active and engaged investors that bring our own operating successes and failures to bare when we partner with companies. Great founders are not confined to a geography and, with over 50% of our investments outside the coasts, we seek opportunity wherever it takes us.

The Role

This person will play a central role in evaluating new opportunities, building investment theses and supporting portfolio companies. The ideal candidate will identify high-potential companies based on thesis development (what we believe about a specific market) and network development (getting referred to the best companies). S/he will also play a key role in the diligence and decision process, and work with our portfolio companies to ensure their success.

Click here for details!


Not for Profit BOD Positions

Not for Profit Seeks New Board Members

IMD Guest House Mission & Description

IMD Guest House builds community and healing by providing comfortable, affordable accommodation for patients and their families throughout their treatment

·         47 fully furnished apartments, located at corner of Polk & Damen

·         The only organization in the Chicago area that supports patients of any age, receiving out-patient or inpatient treatment

·         About 50% of our service supports low-income families, and we never turn families away for lack of funds

·         Length of stay is determined by medical referral, no pre-sent limits

·         Key patient populations: Cancer patients, organ transplant patients, parents of neonatal ICU patients, veterans receiving treatment for PTSD, and more

·         In 2018, we supported 706 patients and provides 12,306 nights of service.

·         Annual Budget $1.7 million

Website: www.imdguesthouse.org

Current Board:  Professionals in banking and financial services, real estate development, attorneys, healthcare and other businesses

Board Responsibilities

·         Serve as an ambassador for IMD Guest House who understands and interprets its work to the community.

·         Attend regularly 5-6 scheduled Board meetings per year, in person or via telephone. 

·         Participate actively in at least one board standing committee, attend its meetings, lend judgment to its deliberations and be active in its work.

·         Make a generous personal financial contribution ($250 Minimum) annually, each according to his/her own means, and will be responsible for giving or getting $750 annually. 

·         Participate in at least one of the fund raising activities organized by the development department each year.

·         Prepare for each Board meeting by studying all appropriate reports and being prepared to discuss current activities of committees to which they are assigned.

·         Assist in recruiting prospective new volunteers, Board members and agency supporters in the community.




Victory Gardens Theater - see Trustee Roles and Responsibilities here.




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