IVCA Newsletter November 10, 2021

IVCA Newsletter



November 10, 2021

Association News

IVCA Feature: Evolution in Form and Function … Latest Progression and Ideas in Venture Capital and Private Equity

Announcing IVCA’s 2021 Award Recipients!

Awards Dinner individual tickets now on sale for IVCA members!

Legislative News

IVCA Provides Updates for State Legislative Issues - 11/10/2021

IVCA Events

December 6, 2021 - IVCA Annual Awards Event

Other Events of Interest

None at this time

Industry News

Origin Ventures Closes Oversubscribed Fifth Fund at $130M

GCP Completes its 50th Acquisition - The Stable Has Acquired The Retail Firm

HPVP leads $4.3M Seed Round in InvestNext

McDermott Advises Chicago Pacific Founders in BayPine’s Acquisition of Pinnacle Dermatology

Ropes & Gray Represents Evergreen Coast Capital in Acquisition of DreamBox Learning

Thoma Bravo Completes Acquisition of QAD

Arbor Investments Announces Acquisition of a Majority Interest in Healthy, Plant-Based Food Platform Fontaine Santé Foods

Prairie Capital VII Partners With Lief Labs

McDermott Represents Wellspring Capital Management in its Acquisition of Caring Brands International

Ropes & Gray Advises McAfee in Sale to Investor Group for over $14 Billion

Baird Capital Portfolio Company HSP Group Announces Second Tranche of Series A

Frontenac Announces Acquisition of EFC International

Fountain Announces $85M Series C Led by Softbank; Origin Ventures Participates

GTCR Announces Acquisition of Cisive

Wynnchurch Capital Sells Critical Process Systems Group

Verra Mobility to Acquire T2 Systems, a Leading Provider of Parking Management Solutions, from Thoma Bravo

Ropes & Gray Advises Baring Private Equity Asia on Acquisition of Tricor Group

Pritzker Private Capital Port Co ProAmpac Acquires Irish Flexible Packaging and Fispak

Growth Catalyst Partners Port Co CyberRisk Alliance Acquires After Nines Inc.

Pritzker Private Capital Backed Vertellus Completes Acquisition of Specialty Ingredients Businesses from Chemtrade

Ropes & Gray Represents H.I.G. Capital in its Acquisition of BECO Holding Company

Water Street Appoints Head of Executive Talent

Growth Catalyst Partners Expands its Team with the Additions of James Barbour, Rachel Choi and Marissa Nazario

Ropes & Gray Advises National Land Partners in an Investment by Corbel Capital Partners

Ropes & Gray Advises Welsh Carson and Investor Group in Investment in U.S. Medical Management

Ropes & Gray Advises Aceli Africa in Establishing a Program to Increase Financing for Agricultural Enterprises in East Africa

Ropes & Gray Advises GE Current, a Daintree Company, in the Acquisition of Hubbell Inc.’s Commercial and Industrial Lighting Business

Ropes & Gray Advises GI Partners in its Investment in Rectangle Health

Ropes & Gray Advises 3i and GartenHaus on Acquisition of Outdoor Toys

Ropes & Gray Advises VSS Capital Partners in the Sale of Coretelligent

Ropes & Gray Represents Golden Gate Capital in its Recapitalization of All My Sons Moving & Storage

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.

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:

Origin Ventures:  CFO

Origin Ventures is hiring a Chief Financial Officer to join their executive team and to help them shape Origin Ventures' next phase of growth  Click HERE for information!

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.

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!



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