Newsletter Articles

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, March 15, 2023 IVCA PARTNERSHIP BILL CLEARS SENATE COMMITTEE On a unanimous vote with no debate the Senate Revenue Committee approved  SB 1880 to modernize the definition of an investment partnership to include private equity funds. The bill has enjoyed similar acceptance previously…

On April 11, 2023, IVCA presents our annual Spring Luncheon! Join us for “Establishing A Private Equity Firm: Then, Now, and in the Future” with: Private equity fundraising has been on a tear over the past decade, but will the growth continue? This candid discussion focuses on the path to establishing a firm and the…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, March 1, 2023 VALLAS/JOHNSON RUNOFF While not a state office there is no doubt the Mayor of Chicago is a significant figure in state politics. Chicago voters yesterday decisively moved on from Mayor Lori Lightfoot and set up a runoff between former city…

On April 11, 2023, IVCA presents our annual Spring Luncheon! Join us for “Establishing A Private Equity Firm: Then, Now, and in the Future” with: Private equity fundraising has been on a tear over the past decade, but will the growth continue? This candid discussion focuses on the path to establishing a firm and the…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, February 15, 2023 BUDGET EDITION Governor JB Pritzker submitted his FY 24 budget today to the Illinois General Assembly in a combined State of the State / Budget Address. BUDGET BOOK GOVERNOR HIGHLIGHTS BUDGET DETAILS PER AGENCY Governor Pritzker and the two Democratic…

The just past Super Bowls Ads were missing a significant player from 2022 … Cryptocurrency. After several celebrity-based endorsements during the big game last year, the market had a significant decline beginning last May. Bitcoin, for example, is a quarter of its value from the start of 2022, and the industry is still grappling from…

We are happy to announce that as of February 1st, 2023 Christie Pruyn has joined IVCA as our third ever Executive Director.  Christie comes to us with over 15 years’ experience in Association Management.  She has led Associations in Healthcare, Events, and Banking and is ready to get up-to-speed on venture & private equity investing. …

Linx Partners is excited to announce the launch of LXP, a new affiliate platform focused on direct, partnership-oriented investments through single-purpose funds, utilizing the proven successful philosophies and capital deployment strategies of its senior partners. Initially conceived in 2021, the partners of LXP independently completed two transactions utilizing this strategy and are actively seeking new…

Illinois Venture Capital Association Illinois Legislative ReportDavid Stricklin / Stricklin & AssociatesWednesday, February 1, 2023 PARTNERSHIP BILL 2023 IVCA will pursue a revision to Illinois law to better define an investment partnership to include Private Equity funds and satisfy the interpretation of the Illinois Department of Revenue which has resulted in PE funds being classified…

March 1, 2023 Mark your calendars for the 2023 IVCA Invitational Golf Event on June 26, 2023, as we return to Olympia Fields Country Club! View event details HERE! IVCA is now soliciting for our Sponsors!  Firms interested in sponsoring, please contact Kathy Pyne for information regarding levels of sponsorship available.  Thank you to the…