IVCA Newsletter September 29, 2021

IVCA Newsletter



September 29, 2021

Association News

IVCA Feature: The In-Office, Remote or Hybrid Workplace...How Are Companies Adapting?

IVCA is seeking your nominations for the 2021 Annual Awards!

Is your firm considering participation in the 2022 IVCA Scholar Program? Get details here!

Legislative News

IVCA Provides Updates for State Legislative Issues - 09.29.2021

IVCA Events

Events are being added to our schedule. Stay tuned for updates!

October 28, 2021 - Annual CFO Summit for Finance Professionals of VC/PE Firms - Date is finalized! Virtual/In-person/Hybrid format to be decided shortly!  Invitations to follow.

December 6, 2021 - IVCA Annual Awards Event

Other Events of Interest

September 30 - October 1, 2021 - Club M25 Summit 5.0

September 30, 2021 - MVCA Annual Awards Dinner

October 15, 2021 - McDermott's HPE New York 2021

October 19 - 20, 2021 - 2021 ACG Chicago Midwest Capital Connection

Industry News

Winston & Strawn Tax Practice Alert: House Ways and Means Committee Tax Proposal

BLOOM - Carried-Interest Plan in House Seen Harsher Than First Thought

Prairie Capital VII Partners with Management of Sgt. Clean Car Wash

Baird Capital’s Venture Capital team has led a $7.5 million in Series A funding round in Vodori.

Agent Capital Portfolio Company DiCe Therapeutics raised $204 Million in an upsized IPO at high end of its offering price.

Alkeme raises $4.6M to bring mental health resources to the Black community; M25, KB Partners Participate

Osano, A Risk and Compliance Startup, Raises 11M Led by Jump Capital - TechCrunch

Agent Capital Portfolio Company SkyHawk Therapeutics completes Series B investment round raising $133 Million

Linden Invests in Formulated Solutions

NOCD just raised $33 million to bring OCD treatment online as mental-health startups look to break through a crowded field; 7wireVentures Participates

Astera Labs Secures $50M in Series-C Funding at a $950M Valuation to Accelerate Product and Customer Momentum; Valor Equity Partners Participates

Linden Structured Capital Invests Alongside Audax in GCX

Nomad Health Raises $63 Million to Connect Nurses and Hospitals; Adams Street Partners Leads Round

High Street Capital Invests in Tramec

Key step toward digitalization: HeidelbergCement partners with leading software investment firm Thoma Bravo

Monroe Capital Closes $505 Million Collateralized Loan Obligation Transaction

Arbor Investments Announces Sale of Keyes Packaging Group to Tekni-Plex

Beecken Petty O'Keefe & Co. Port Co Health Management Associates Acquires Wilson Strategic

Pritzker Private Capital Port Co Valicor Environmental Services Acquires EnviroSolids

Beecken Petty O'Keefe & Co. Port Co Health Management Associates Acquires Wakely Consulting Group

Creditflux Selects Monroe Capital as the 2021 Best U.S. Direct Lending Fund

Moderne Ventures Announces Newest Passport Class

Shore Capital Partners Welcomes Brad Morehead as Partner, Head of Business Services Fund

Wynnchurch Capital Announces Internal Promotions and New Hires

Caela Shay joins 7wireVentures as Director of Communications

Dawn Nguyen and Carlos Covarrubias join HPVP as Associates

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.

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.

July 2021

Two (2) Early Career Investors - Hyde Park Venture Partners

Hyde Park Venture Partners is hiring two early-career investment team members in Chicago, and are flexible across levels of experience from Analyst (less than 3 years’ prior relevant experience) to Associate (3–6 years prior relevant experience).

Get all the information HERE!

June 2021

Director of Communications - 7wireVentures

After closing our recent $150M Connected Consumer Health Fund, we are we are looking to expand our team to accelerate the growth of our firm’s brand and support our expanding portfolio. We are thrilled to announce that we are officially kicking off our search for a Director of Communications!

Role Summary:
7wireVentures (“7wire”) is seeking a Director of Communications to join our team. This role is an invaluable opportunity to become immersed in the digital health ecosystem, support entrepreneurs with mission-critical initiatives, and build the 7wireVentures brand. The Director of Communications will be a critical team member that drives the promotion of the unique 7wireVentures hands-on operational support model and ensures that the portfolio is highlighted in the market. This opportunity is about contributing to and leveraging the fund’s thought leadership and events, as well as spearheading community-building and outreach efforts to help promote the firm. We are looking for candidates that have a passion for entrepreneurship, strong oral and written communication skills, experience in marketing and communications, and an interest in improving the U.S. healthcare system.
Please note, this is not an investment position.
For complete information, please click HERE!

 February 2021

Operating Platform Intern - Jump Capital

The Role

Jump Capital is looking for an entrepreneurial-minded intern to join our operating platform. Jump’s operating team works with portfolio companies to accelerate their growth and position them for long-term successes. We’re a group of operators ourselves and closely partner with founders in four core areas: talent, go-to-market, strategic finance and corporate development.

The internship will be primarily focused on projects that further extend the scalability and relevance of the platform offering. However, there will likely be opportunities to directly engage with and support portfolio company projects. Our internships also have visibility to all aspects of investing activities, from ideation in markets to our investment process and post-investment engagement.

January 2021

Director of Investments - Loyola University Chicago – Investment Office

Loyola University seeks an experienced professional for the position of Director of Investments in its Investment Office. The position will be fully remote to start, but will be located at the Water Tower Campus in downtown Chicago when office re-open.


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