Newsletter Articles

February 28, 2024 As March begins the celebration of Women’s History Month, as well as International Women’s Day on March 8th, the contributions of women in the Venture Capital and Private Equity space are becoming increasingly more influential as demographic and other trends in a historically male oriented profession change. To kick off a two-part…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, February 28, 2024 GOVERNOR PRITZKER PROPOSES FY 25 BUDGET Governor Pritzker appeared before the Illinois House and Senate last week to present his combined “State of the State” and budget address. Local and national pundits alike couldn’t help but notice the speech while…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, February 14, 2024 NO VALENTINE’S WISHES FROM JURIES AND JUDGES IN ILLINOIS CORRUPTION CASES This week was a commemorative edition of news for Illinois political figures who have fallen under the prosecution of the federal government for public corruption. On Monday a federal…

February 13, 2024 – Prairie Capital, a Chicago-based middle-market private equity firm, has sold its majority position in Upshop (the “Company”), a Prairie Capital VI portfolio company, to Level Equity, a leading technology growth equity firm. Prairie and members of Upshop management retained significant ownership stakes in the business.  Upshop is the leading provider of a…

Join us for a fun and energizing day of golf, networking, and fundraising in support of the IVCA Promoting Diversity Foundation on Monday, June 24, 2004, at Olympia Fields Country Club.   The Foundation funds year-round diversity initiatives focused on: Event information can be found HERE! Sponsorship information can be found HERE! The IVCA Promoting…

February 14, 2024 One of the finest commitments to creating a space for diversity in the Venture Capital and Private Equity industries is the IVCA Scholar Program. The IVCA Scholarship provides undergraduate students a very rare opportunity to be placed with a Venture Capital or Private Equity firm for 10 weeks. In addition, Scholars participate…

Washington D.C., February 13, 2024 — Data Society, a leader in tailored data science and AI workforce training and development solutions since 2014, announced it is joining forces with a Growth Catalyst Partners (GCP)-backed company launched in late 2023 to help organizations drive cultural change as they leverage data and AI to gain competitive advantage.…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, January 31, 2024 LEGISLATURE MEETS NEXT WEEK Hundreds of bills are being filed in the Illinois General Assembly in advance of the Friday, February 9 deadline for filling new legislation. Many of them are quite frankly “message” bills or measures which are intended…

CHICAGO – January 30, 2024 – Pritzker Private Capital (“PPC”), a leader in family direct investing, today announced that Dwight Gibson, an accomplished industrial executive and experienced board director, has joined PPC as Operating Partner. Mr. Gibson brings over 20 years of experience leading corporations in the industrial sector. As Operating Partner, Mr. Gibson will…

Chicago, IL – January 30, 2024 – Following a successful year in 2023, RCP Advisors (“RCP”) is pleased to announce the promotion of Patrick dePenaloza to Principal, alongside several additional promotions across the firm. Patrick joined RCP’s business development team in 2016 following his earlier relevant experience at Neuberger Berman. Patrick oversees RCP’s fundraising efforts, in addition…