IVCA Newsletter December 8, 2021

IVCA Newsletter



December 8, 2021

Association News

IVCA Feature: The Best Quotes and Perspectives of 2021

Legislative News

IVCA Provides Updates for State Legislative Issues - 12/08/2021

IVCA Events

Check back here in future issues for 2022 IVCA Events

Other Events of Interest

None at this time

Industry News

First Analysis portfolio company SmartWitness acquired by Sensata Technologies

Concentric Equity Partners Port Co Riverbend Sandler Pools Announces Acquisition of Pulliam Pools

Carketa Raises $6M Venture Series Seed Funding Led by Origin Ventures and Crosslink Capital

Ropes & Gray Advises Domaille Engineering in its Sale to American Industrial Partners

Sidley Represents Clearlake Capital in Acquisition of Quest Software

E78 Partners Receives Investment from Further Global; Katten advises as legal counsel

GTCR Announces Strategic Investment in Resonetics by Carlyle

GTCR and Corza Announce Acquisition of Katena

Baird Capital Invests in Virtual Incision

Ropes & Gray Represents Berkshire Partners in its Investment in Tango Management Consulting

Sidley Advises Apollo and Athene in Acquisition of Majority Stake in Aqua Finance at Valuation of Approximately US$1 Billion

Wind Point Partners Acquires good2grow

Zilliant to be Acquired by Madison Dearborn Partners

LaSalle Capital Completes Acquisition of BOF Corporation

Ropes & Gray Represents Irth Solutions in its Sale to Blackstone Energy Partners

Sidley Represents Clearlake Capital- and Aurora Capital-Backed Zywave in Acquisition of ClarionDoor

Wynnchurch Capital Acquires Appvion's Thermal Coating Business

Monroe Capital Supports CMI Group’s Acquisition of Systems 3

High Street Capital Promotes Charlie Bossart to Principal

Altimeter Closes $40 Billion Stock-for-Stock Merger with Grab Holdings

Ropes & Gray Advises Kohlberg & Company in the Recapitalization of Trinity Life Sciences

RoundTable Healthcare Partners Completes Sale of Revision Skincare and Goodier Cosmetics to Gryphon Investors

Frontenac Exits TPC to Ridgemont’s American Safety Council

Kueski, one of the largest BNPL providers in Latin America, has closed over US$200M in financing, led by StepStone Group and Victory Park Capital

Wind Point Partners Port Co Quantix Acquires Delaware Express

Ropes & Gray Advises BV Investment Partners in its Investment in EMS Management & Consultants

Ropes & Gray Advises Galderma in its Acquisition of Alastin Skincare

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:

7wireVentures - Director of Investor Relations

 As we continue to grow the 7wireVentures firm, most recently through our second $150M Connected Consumer Health Fund, we are continuously seeking opportunities to deepen our ecosystem-wide relationships with our Strategic Limited Partners, and our broader LP base. As such, we have kicked off a process for hiring a Director of Investor Relations!

Additional details on the role can be found HERE or our website HERE. If you’re interested in applying, please email your resume to Rachel Stillman at [email protected].

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