IVCA Newsletter July 7, 2021

IVCA Newsletter



July 7, 2021

Association News

IVCA Feature: 2021 VC & PE Trends … Tech Start Ups & Higher Valuation

2021 IVCA Scholar Program - Update

Legislative News

IVCA Provides Updates for State Legislative Issues - 07.07.2021

IVCA Events

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

October 21 or 28, 2021 - Annual CFO Summit for Finance Professionals of VC/PE Firms. (Date to be finalized shortly. We are planning for an in-person event!)

December 6, 2021 - IVCA Annual Awards Event

Other Events of Interest

July 29, 2021 - ILGIF Summit - virtual

September 23, 2021 - 14th Annual Momentum Awards

September 28-29, 2021 - Chicago Venture Summit

September 30, 2021 - MVCA Annual Awards Dinner

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

Industry News

Wind Point Simultaneously Exits and Reinvests in Ascensus Through Blackstone Strategic Partners-Led SPV

Svoboda Capital Partners LLC Hires John L. Simpson as Partner

Prairie Capital Closes Fund VII with $450 Million of Committed Capital

Linden Capital Partners Raises $355 Million for Structured Capital Fund

Vistria Group grabs $2.7B for Fund IV

Trainual Raises $27M Series B to Solve Onboarding and Training Pains of New Hybrid Workforce; 4490 Ventures & MATH Venture Partners Included in Participation

RoadSync Raises $30 Million in Series B Funding Led by Tiger Global; Hyde Park Venture Partners Participates

The Bottom Line: NewSpring Invests in First Impression Ironworks

High Street Capital Invests in BCD

Baird Capital Invests in Forj

Hammoq Raises $3M Seed Financing; Origin Ventures Leads Round

ShipBob raises $200M Series E, doubles last valuation to over $1B; Hyde Park Angels and Hyde Park Venture Partners Participates

OROS Raises $14.5M in Series A; HPA Participates

QAD Inc. to be Acquired by Thoma Bravo for $2 Billion

iOFFICE Announces Strategic Growth Investment from Thoma Bravo

May River Capital Formalizes Executive Resource Group; Announces Partnership with P&L Leader Rahul Deshmukh

Former LGS Innovations Executives and Madison Dearborn Partners Launch MissionX Partnership to Pursue Investments in Government Technology Sector

ServiceTitan Expands Into Landscaping With Plans To Acquire Aspire; Reaches $9.5B Valuation

The Bottom Line: NewSpring Exits ACCT Holdings, Inc.

Wind Point Partners Announces Sale of Pestell Nutrition to Barentz International

Water Street Healthcare Funded Safeguard Medical Acquires PerSys Medical

Pritzker Private Capital-Backed ProAmpac Acquires Ultimate Packaging

Arbor-Backed Crown Bakeries Announces Acquisition of Bagel Boy

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.

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