IVCA Newsletter March 18, 2020

IVCA Newsletter

 

March 18, 2020

Association News

IVCA in times of COVID-19

SBA Resources

IVCA Feature: TechStars Chicago and Their Founders ‘Class’ of 2020


Legislative News

IVCA Provides Updates for State Legislative Issues - 03.18.20


IVCA Events

May 5, 2020 - IVCA Annual Spring Luncheon "Illinois’ fiscal and pension crisis: what you need to know and what we can’t and can do about it"

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

December 7, 2020 - Annual IVCA Awards Dinner


Other Events of Interest

April 6-7, 2020 - ACG Capital Connection Denver

April 20-21, 2020 - 2020 TMA MidAmerica Regional Conference Detroit

April 20-22, 2020 - ACG InterGrowth 2020 Las Vegas

April 21-22, 2020 - MedCity INVEST 2020

April 22-23, 2020 - Chicago Venture Summit

April 22-23, 2020 - InvestMidwest (St. Louis)

May 12, 2020 - Co_Invest Cleantech

May 12-13, 2020 - Midwest Growth Capital Symposium

May 27, 2020 - ACG 11th Annual Healthcare Conference with DealSource

May 27-28, 2020 - ACG Midwest Capital Connection

May 27-28, 2020 - SBIA Midwest Private Equity Conference

June 4, 2020 - 24th Annual Edward L. Kaplan, ’71, New Venture Challenge Finals

June 9, 2020 - Smart Business Dealmakers Chicago

July 23, 2020 - 2020 ILGIF Annual Summit

October 1, 2020 - Momentum Awards

October 26 - 29, 2020 - Chicago Ideas Week

November 3, 2020 - ELECTION DAY


Industry News

Gov. Pritzker to File for Statewide Eligibility for Small Business Administration Loans

Hyde Park Angels Announces Managing Director Transition

Nasdaq Acquires Institutional Investment OCA Ventures' Fintech Portfolio Company Solovis

Shore Capital Partners announced sale of Florida Autism Center

GCP Acquires Significant Stake in Government Executive Media Group

NewSpring Completes Investment in Infrastructure Development Company GLH Construction

WP Global Partners-Funded MindCare Announces Merger With PsychNow

Water Street Healthcare Portfolio Company Discovery Life Sciences Expands Immunomonitoring Services

First Analysis invests in VIDA, the leader in AI-powered lung imaging analysis

Locke Lord Represents M6 Midstream LLC in Equity Commitments

Pritzker Private Capital Names Thomas J. Leverton Operating Partner for Its Services Team

Pliant Therapeutics Raises $100 Million in Series C Financing to Advance Therapies for Fibrotic Diseases; Agent Capital Participates

New NVCA Yearbook Highlights VC Industry Trends from Last Decade

NewSpring Successfully Exits 3Pillar Global

Linden Capital Partners' Portfolio Company Evolution Research Group Acquires Richmond Behavioral Associates

7wire Ventures Connect

American Investment Council: New Report: Private Equity Invested $309 Billion in 4,788 American Businesses in 2019

WP Global Partners-Backed Trace Genomics Acquires Soil Processing Assets to Open Iowa Laboratory

Restaurant and Hotel Management Platform Tripleseat Acquired by Vista Equity Partners

Monroe Capital Supports Monomoy Capital Partners’ Acquisition of Shaw Development, LLC

Madison Dearborn Partners and CoVant Management to Acquire Leading AISR Technology Solutions Provider, AEVEX Aerospace

HPA Welcomes New Marketing & Community Manager


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.


 

 Growth Catalyst Partners - Updated  March 2020

 

Associate Candidate Opportunity -

 

 

Growth Catalyst Partners, a middle market private equity firm with offices in Chicago, IL and Rowayton, CT is looking to add one Associate to their team. The preference is for an immediate start, though there is flexibility for a summer 2020 start for the right candidate. The firm is targeting candidates with at least two years of investment banking and/or private equity experience, with a preference for those with experience in the firm’s target sectors. Associates are given high levels of responsibility on very lean teams and participate in all aspects of the investment process, including sourcing, evaluating, performing due diligence on, structuring, monitoring, and exiting investments. The work includes financial modeling, valuation analysis, industry research and analysis, writing internal memoranda & presentations, drafting legal documentation, managing debt providers and third-party advisers, and working closely with CEOs and senior managers of portfolio companies.

 

Growth Catalyst Partners focuses on control buyouts of information, marketing and tech-enabled services businesses. Its strategy involves targeting growth segments of industries and identifying market leading companies with breakout potential. GCP partners with top executives within those industries and provides capital and expertise to the incumbent management teams of the targeted businesses. Portfolio companies include Opus Agency, Beachfront Media, Trendline Interactive, CyberRisk Alliance and TrueFire Studios. Growth Catalyst Partners is investing out of its first fund and this is a unique opportunity to join a fast growing, entrepreneurial private equity firm on the ground floor. The opportunity exists for this position to turn into a career track position for top performers.
If you have interest in this position, please contact Connor Dawson at [email protected]
Energize Ventures - May 2019
Marketing and Communications Specialist

Summary of Business Need


Energize Ventures invests in early stage technology businesses that make clean energy more affordable, reliable and secure. Based in Chicago, we are aiming to become one of the top performing energy venture capital firms. We are a small and tight knit team.

 

The Marketing and Communications Specialist reports to the Director of Market Development and will support all content creation, marketing, public relations, event planning and brand building for the fund.

 

The MarComm Specialist will support firm wide strategic communications and marketing efforts for Energize Ventures. This will entail working with the Energize team as well as key external stakeholders including investors, portfolio companies, media and stakeholders.

View position detail/requirements and contact information here.

NewSpring Capital - March 2019

Business Development Professional

Mezzanine, Junior Capital and Growth Equity Originations ·Greater Chicago Market

Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities.  We manage approximately $1.8 billion across four distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Having invested in over 140 companies, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. To learn more, visit www.newspringcapital.com.
View description/qualifications here.
Qualified candidates should submit their resume to [email protected].

CORE Industrial Partners - January 2019
Executive Assistant/Office Manager
View position detail here.

 


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
312-241-1618