IVCA Newsletter October 28, 2020

IVCA Newsletter


October 28, 2020

Association News

Profile: New IVCA Board of Director Member, Mark McDonnell of ARCH Venture Partners

Join us on November 11th for IVCA Webcast: Battle stories of Investing and Diligence in COVID era

Legislative News

IVCA Provides Updates for State Legislative Issues - 10.28.2020

IVCA Events

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

December 7, 2020 - Annual IVCA Awards Event

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.

October 29, 2020 - McDermott's HPE New York 2020

November 3, 2020 - ELECTION DAY

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

Industry News

Linden Invests in Vital Care

Balto raises $10 million to analyze call center conversations with AI; OCA Ventures and Jump Capital Participate

CORE Industrial Partners Acquires J&K Ingredients

MizMaa and 7wireVentures Announce a Strategic Partnership to Ignite the Growth of Israeli Digital Health Companies

Ropes & Gray Represents Wirecard on the sale of North Lane Technologies to Syncapay

Locke Lord Team Represents YCharts in Growth Recapitalization by LLR Partners

Duchossois Capital Management Partners with Pritzker Private Capital, Concentric Equity and Management in Recapitalization of Energy Distribution Partners

Arbor Investments raises its biggest fund

Thoma Bravo Completes $22.8 Billion Fundraise

Ropes & Gray Represents BVI® in its Acquisition of Benz Research & Development

YCharts sells to PE firm in all-cash transaction as it looks to pass $15M ARR this year

Digital Health Startup Raises $12 Million To Provide Virtual OCD Treatment - Forbes

Wind Point Partners Acquires Handgards

Thoma Bravo to Acquire AxiomSL

Ropes & Gray Represents Asklepios BioPharmaceutical on its sale to Bayer AG

Locke Lord Team Represents XSELL Technologies in Growth Equity Investment from Sageview

Leading AI Education Technology Provider Carnegie Learning Announces Strategic Growth Investment From Madison Dearborn Partners - BusinessWire

GTCR Announces Completion of Paya’s Public Offering via SPAC Merger

Ropes & Gray Advises WellSky in its Acquisition of Careport From Allscripts

Monroe Capital Supports Quest Resource Holding Corporation’s Acquisition of Green Remedies Waste and Recycling Inc.

Linden Finances IVX Health’s Acquisition of Precision Healthcare

Wind Point Partners Portfolio Company Kleinfelder Acquires Gas Transmission Systems

Monroe Capital Supports Apax Partners’ Acquisition of MyCase

Ropes & Gray Advises H.I.G. Capital in its Acquisition of St. Croix Hospice

Ropes & Gray Advises New Mountain Capital and OneDigital in Sale of Majority Stake to Onex Corporation

11 Big Things: A Female Founder Takes on PE’s Patriarchs

Arbor Promotes Three to Partner, Expands New York Office Footprint

Kinzie Capital Partners Announces Peter Schwab as Senior Advisor and Investment Committee Member; Promotes Key Employees

Ropes & Gray Advises Averna Capital on its Investment in ClimateCare

Ropes & Gray Advises Arcadia Consumer Healthcare in its Acquisition of NATURELO®

Ropes & Gray Advises PQ Group Holdings in the Sale of its Performance Materials Business to Affiliate of The Jordan Company

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.

None posted at this time.


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