IVCA Hosted Webcasts - 2020

September 3, 2020 - "Illinois’ fiscal and pension crisis: what you need to know and what can (and cannot) be done about it".
 
How did we get here...how do we get out?!  Even before COVID, Illinois’ ballooning pension obligations have crowded out spending on virtually every other category of spending in the state. Illinois is now in a more severe crisis and all of us will be affected by the looming disaster.
 
All is not lost!   Three individuals who are working tirelessly to suggest solutions to the Illinois Pension disaster will discuss what they’ve learned about the scope of the problem AND some potential solutions

• Ira Weiss, Hyde Park Venture Partners
  
• Laurence Msall, The Civic Federation
  
• Marin Gjaja, BCG
  

May 22, 2020 - "LP Perspectives in These COVID Days".  View the video here.

• Alex Abell, Partner, RCP Advisors
• Harisha Koneru Haigh, Managing Director, Northwestern University
• Jerry Quandt, Senior Investment Officer, Illinois TRS
• Jennifer Steans, President & CEO, Financial Investments Corporation

Presented by Mark Blumenthal and Stephen Eckert, Plante Moran and Saul Rudo, Katten, this event covered transaction implications of the CARES Act:

• Summary of recent developments in the CARES Act and how it may be impacting transactions:
• Pending
• New
• Discussion of the transaction implications of:
• Net operating losses
• Maximizing deductions and losses
• Impact of payroll tax incentives on tax due diligence
• Form of purchase price payments and installment reporting
• Debt workouts

April 22, 2020 - “Main Street Lending Program for Companies Backed by Private Equity and Other Private Investors”

White & Case Chicago Partner Gary Silverman and New York Partner Luke Laumann presented a live webcast on the “Main Street Lending Program for Companies Backed by Private Equity and Other Private Investors” for the members of the Illinois Venture Capital Association (IVCA) and select clients. Brett Palmer, President of the Small Business Investor Alliance, joined as a guest speaker. Gary, Luke and Brett discussed the Main Street Lending Program and how it compares to other CARES Act programs; terms & updates of the program; eligibility requirements and the challenges they pose to companies seeking to take advantage of the program and Borrower restrictions. A live Q&A session was held at the conclusion of the discussion.  A link to a recording of the session and PowerPoint materials can be found here.