In August 2006, the remaining partners of William Blair Capital Partners suspended efforts to raise William Blair Capital Partners VIII, which had been reportedly targeted at about $250 million. PEAC greatly appreciates their continued support and therefore seeks to deliver commensurate value in educational, social and civic service opportunities to our members. Breach discusses our firm and portfolio approach to ESG and DE&I strategies. 2022 First Half Update: Read about Vistas investments and activity to date in 2022. Austin, TX 78701 In this keynote interview with PEI, Vista President and COO, David A. They are different from traditional wealth management shops in that they offer a total outsourced solution to managing the financial and investment side of an affluent individual or family. Most private-equity firms reported an increase in assets under management. With founders like Brad Keywell and Eric Lefkofksy (and celebrated former general partner Paul Lee), Lightbank is an influential leader in Chicago tech investing. Chicago Portfolio Companies Hiring:Avant, FourKites, G2 Crowd, ParkWhiz. They look for high growth or large market growth opportunity with a demonstrated strategy to obtain market share. San Francisco, CA 94111 Ceres Venture Fund helps fund promising, high-growth companies in the Midwest during their early growth stages. The remaining team left William Blair to found two new private equity firms, Seyen Capital and Emerging Market Technology. Private Equity Firms in Chicago. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Notable portfolio companies: Rithmio, Revenew, Persio. A global private equity investment management firm, Adams Street Partners has over four decades of experience with six offices in five countries that management investments in companies in over 30 countries across the globe. Chicago, IL 60601 130 E. Randolph St. The spinout of Chicago Growth Partners from William Blair & Company came at the same time as the spinouts of private equity groups from other leading investment banks including: JPMorgan Chase (CCMP Capital), Citigroup (Court Square Capital Partners), Deutsche Bank (MidOcean Partners), Morgan Stanley (Metalmark Capital) and Credit Suisse First Boston (Avista Capital Partners, Diamond Castle Holdings). 512.730.2400, 2 Prudential Plaza PEAC is affiliated with the Private Equity Association, a growing national organization that includes chapters in Boston, Los Angeles and San Francisco. We began in 2000 with a single private equity fund focused on enterprise software. See what sets Vista apart. The firm, which is based in Chicago, Illinois, was founded in 2004 although the group traces its roots back to the founding of William Blair Capital Partners in 1982. During the 1980s, WBCP was an active investor in leveraged buyout transactions. Ken Griffin launches sell-off of Gold Coast condos, NASCAR race will tie up Grant Parkall of itfor two weeks, These are the places around Chicago where home prices have grown the most. Investing in both newly-minted startups and and more established businesses, Jump Capital provides a package deal of advocacy, organizational support, and resources for entrepreneurs. Sandbox Industries has the second-largest fund size of $497.6 million, and Pritzker Group Venture Capital has the third-largest fund size of $400 million. A variety of educational, career oriented and social events for our members, Adam Boudjemai (Co-President),Shore Capital Partners, Alison Bulkley (Co-President), Prairie Capital, Caroline Greenberg, Svoboda Capital Partners, Robert Vechiola, Concentric Equity Partners, Brian Winterfield, Aldine Capital Partners, Annual MBA Forum which includes a panel discussion among admissions representatives from top business schools, Civic service fair which presents members with various volunteer opportunities in and around the Chicago area, Continuing Education Events for our members to discuss the opportunities and challenges that the industry is currently facing and to teach various skills to aid in the evaluation of investment opportunities, Social events where members can form and cultivate relationships with other young professionals in the industry. With digitization accelerating, technology is expected to continue to be a critical driver and deriver of ESG practices and value. In this years private-equity directory, Thoma Bravo has the most assets under management, with $76.9 billion. Hyde Park Angels works closely with Hyde Park Venture Capital, another leading firm in the city. Chicagos hot new dining spot? William Blair Capital Partners was founded in 1982 to serve as the investment arm of William Blair & Company. The Private Equity Association of Chicago is a non-profit organization that has traditionally been funded mainly via generous corporate sponsorships. Periscope specifically targets companies with mission-critical products and service offerings, a history of sustainable profitability and known avenues to accelerate growth. Hopewell ventures is bringing equity capital, expertise, and over a century of experience to high-growth businesses in the Midwest, averaging between $2 and $7 million in initial funding. Click here to get the full experience on your screen. [7], Chicago Growth Grows But Retains Smaller Focus, Private Equity Team Leaves William Blair, Sets Up Own Shop, "Exclusive: Chicago Growth Partners calls it quits", History of private equity and venture capital, List of investment banking private equity groups, https://en.wikipedia.org/w/index.php?title=Chicago_Growth_Partners&oldid=1011800838, Financial services companies established in 2004, Private equity firms of the United States, Articles with dead external links from May 2019, Articles with permanently dead external links, Articles with dead external links from November 2016, Creative Commons Attribution-ShareAlike License 3.0, 2004 (1982, William Blair Capital Partners), This page was last edited on 12 March 2021, at 22:21. According to recent reports by both Compass and Silicon Valley Bank, venture capital investments in the city are growing. vender moffat kim polsky thesis investment partners sterling challenge Notable portfolio companies: Machinima, SimpleReach, Wellspring. Suite 3100 2 Queens Road KGC Ventures says it looks for highly motivated and entrepreneurial management teams who are committed to building the next generation of clean technology companies. Notable portfolio companies: GrubHub, Persio, DialogTech. As successful tech trailblazers like Groupon, GrubHub, and Coyote Logistics (as well as newcomers Raise and Avant) continue to solidify the city as an alluring home to build a business, that trend is likely to continue. KGC Ventures invests primarily in early stage clean technology companies. 20th Floor With a prolific history of investing, Lightbank a financial organization that makes investments from companies spanning from seed and Series A to late stage investmentments has established a stellar reputation, not just in Chicago, but across the country. The team had raised and deployed six funds as the core group behind William Blair Capital Partners. Nadeem Syed, Senior Managing Director, Vista Equity Partners, Ren Yang Stewart, Senior Managing Director, Vista Equity Partners, Lisa Utzschneider, CEO, Integral Ad Science, Jesper Anderson, President and CEO, Infoblox. Baird Capital's Venture Capital team invests in early and expansion stage technology-enabled services and healthcare companies. Periscope Equity is a Chicago-based private equity rm, which makes control investments in technology-enabled service & software companies and is currently investing out of Fund II. In addition to funding, MK Capital collaborates on strategy, operations, and technology. In 2004, the senior partners of William Blair Capital Partners completed a spin out from William Blair to form a new firm, Chicago Growth Partners. Looking to Buy a Domain Name for your Firm? Notable portfolio companies: NaviHealth, Lumiata Health, FanGo Software Systems. Notable portfolio companies: Whittl, Pear, Base CRM. Energy Foundry is dedicated to building successful energy technology companies, and their financial investments are coupled with support tailored to the needs of a growing energy business, including an advisor network advice on government funding or foundational partnerships. Out of the 55 PE firms in the directory, only five saw a decrease in AUM. Notable portfolio companies: NowSecure, Narrative Science, Opternative. Hedge funds pool money from investors and invest in securities or other types of investments with the goal of getting positive returns. Jump Capital, a Chicago-based firm that focuses on expansion stage and growth capital investments, has invested in some of Chicagos hottest up-and-coming startups. But as Chicago tech continues to assert itself as one of the leading innovation hubs in the world, does that description really fit? Slow and steady; safe and certain. Founded in 2011, Jumpstart Ventures has invested in many of Chicagos most promising tech startups. Notable portfolio companies: Groupon, Sprout Social, Techstars, Belly. Chicagos private-equity and venture-capital firms, Crain's latest list of the area's largest banks features a new name. Our ESG and DE&I report offers an overview of our progress and long-term initiatives to address the challenges we face and create meaningful impact in our world. Chicago Growth Partners (formerly known as William Blair Capital Partners) is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries, including, education, business services, healthcare and industrial growth.[1]. IllinoisVentures focuses on seed and early-stage technology companies, specifically those that are research-derived in the IT, physical sciences, life sciences, and clean technology industries. Built In Chicago is the online community for Chicago startups and tech companies. 401 Congress Avenue Suite 4000 Learn more about Vistas approach to value creation and our emphasis on increasing diversity, equity and inclusion across the tech and financial sectors. Notable portfolio companies: Freeosk, Chrome River Technologies, UniversityNow, Yello. crunchbase harbor capital Hyde Park Angels is a syndicate of angel investors made up of former executives, entrepreneurs, and venture capitalists looking to invest in seed and early stage businesses in the Midwest. Learn how Vista partnered with its portfolio to measure and report greenhouse gas emissions. deane mel team insignia Chicago Ventures is located in 1871, which puts it at the heart of the citys innovative tech scene. As corporate citizens and business leaders, its our responsibility to help create a better future. performing The firm focuses on three sectors: e-commerce, digital media and ad technology, and software as a service. Just click on any Chicago Private Equity Firm below to be taken to their website for contacts and more information. In business and in life, the Midwest has a reputation for hard work, accountability, dependability, and low risk-taking. The second-largest employerand new to our PE directoryis Monroe Capital with 145 full-time local employees. The firm invests in startups with $500K to $3M in revenue, raising their first institutional round of capital. crunchbase harbor capital Notable portfolio companies: InStadium, Inc., Mersive Technologies, SageQuest Inc. 415.765.6500, 1111 Broadway Notable portfolio companies: Apervita, NowSecure, Synap. Suite 1902 [2] William Blair Capital Partners VII, which closed in 2001 with $403 million was the final fund raised within the William Blair Capital Partners platform. 212.804.9100, 4 Embarcadero Center Headquartered in Chicago, Pritzker Group Venture Capital has helped many entrepreneurs build their technology companies through every stage of growth. 23 Venture Capital Firms in Chicago You Need to Know. Founded in 2003, Sandbox Industries is a Chicago-based venture capital firm that wants to connect entrepreneurial talent and drive with corporate resources. There are two types: Single family offices or Multi- family offices. Their 40-person team of investment professionals has more than 15 years of investment and industry experience on average, many of whom focus specifically on researching specific industry sectors. The Private Equity Association of Chicago (PEAC) is the premier professional organization for pre-MBA private equity professionals in Chicago. At First Analysis, research is the cornerstone of all of the firms investments. Vistas engineered approach to investing enables us to stay focused on our mission to power innovation, accelerate growth and influence positive change. carlos ferreira thornton grant equity lead private services insidepublicaccounting ipa 180 North Stetson Avenue eppley larry Each directory includes data for 2020 and 2019 assets under management or fund sizes, funding sources, the number of local investments, the number of investments outside of the Chicago area, the amounts invested in 2020 and 2019, plus types of investments and full-time employee headcounts. Central, Hong Kong, Copyright 2022 by Vista Equity Partners Management, LLC. Origin Ventures specializes in providing early-stage companies with the financial and organizational resources they need to scale successfully. Investing in seed-stage tech companies in Chicago and across the Midwest, Chicago Ventures looks to invest anywhere from $250,000 to $1 million in its companies. Family offices are private wealth management advisory firms that serve ultra-high-net-worth investors. Duchossois Capital Management, the investing branch of Duchossois Technology Partners (DTEC), is an Elmhurst-based venture capital firm that focuses on information technology, communications, semiconductors, and software. Read the article in this years FCLT Bluebook for more information on how Vistas ESG and DE&I efforts can drive meaningful business and investment results for all our stakeholders.