IVCA Newsletter June 20, 2007

Association News

Q&A: Goldsmith Agio Helms Director Craig Korte
CHICAGO � Goldsmith Agio Helms director Craig Korte sat down with the Illinois Venture Capital Association to discuss the firm�s history, its investment methodology and its assessment of the health of the Chicago-based private equity industry.
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IVCA Hosts Tech Transfer Discussion
CHICAGO � Nearly 50 IVCA members and interested parties including investors, entrepreneurs and university representatives were on hand June 15 for an educational program about tech transfer entitled �Equity Investment in Research Spinouts�.
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ARCH Venture Partners Honored By National Park Service
WASHINGTON, D.C. � The National Park Service recently presented the George B. Hartzog awards for outstanding volunteer service at a Take Pride in America event.
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Everyone Wins at IVCA�s Wrigley Field Rooftop Outing
CHICAGO � Nearly 170 IVCA members, friends and family attended the annual Wrigley Field rooftop outing on June 15. In addition to an afternoon of networking and fun, the Cubs pulled off a convincing 4-1 victory over the San Diego Padres.
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Iran Divesture Legislation S.B. 1621 Passes Both Illinois Houses
CHICAGO � On June 14, S.B. 1621 passed both houses of the Illinois legislature with strong support. It is now awaiting the governor�s signature. He is expected to approve the legislation.
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IVCA Events

For a full schedule, click here

9/13/2007 11:30am - 2:00pm Software as a Service
10/9/2007 8:00 AM - 10:00 AM Sarbanes-Oxley Roundtable Discussion with U.S. Rep. Mark Kirk
10/18/2007 8:00am - 4:00pm 7th Annual CFO Summit (non-members, contact kpyne@illinoisvc.org)
12/3/2007 5:00pm - 9:00pm 2007 Annual Awards Dinner (to sponsor, contact kpyne@illinoisvc.org)

Other Events of Interest

For a full schedule, click here

6/24/2007 IVCA Members Invited to Trade Mission to Republic of South Africa
6/28/2007 IVCA Members Invited to June 28 Israel Trade Mission Symposium

Industry News

First Analysis Invests in Wireless Communications Management Firm Movero
CHICAGO � First Analysis recently led a $5 million funding round for Movero Technology. Enhanced Capital Partners was a co-investor in the round.
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Mayor�s Advisory Council on Closing the Digital Divide Report Released
CHICAGO � The report of the Mayor�s Advisory Council on Closing the Digital Divide has been released.
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Baird Venture Partners Announces Investment in Arroweye Solutions
CHICAGO � Baird Venture Partners has announced its investment in Arroweye Solutions. Baird Venture Partners led the $14 million financing along with co-investor Adams Street Partners.
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Edgewater Acquires PGI International
CHICAGO � Edgewater Growth Capital Partners II has recently completed the acquisition of PGI International, which designs, manufactures and distributes instrumentation and engineered products for the energy and agricultural industries.
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Topps: Madison Dearborn Bid Beats Upper Deck
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Thoma Cressey Firm Acquires Lakeview Technology
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GTCR-Backed Brokerage to Buy LiquidPoint
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OCA Ventures� Cleversafe Compared to U.S. Robotics
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Illinois, Wisconsin Angels Gather to Share Investment Ideas
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Hoosier VC Fund Looks For Infant Technologies
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State of Michigan Directs $45 Million to Local Venture Capital
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U.S. Venture-Backed Valuations Up on Year, Down on Quarter
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Hub Completes Acquisition By Apax, Morgan Stanley
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Blackstone IPO: Is the Smart Money Cashing Out?
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Three Mid-Market Pools Raised
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