14 August 23, 2021 • CRAIN’S CHICAGO BUSINESS
CRAIN’S LIST CHICAGO’S PRIVATE-EQUITY FIRMS Alphabetical directory.
Assets under management (millions) as of 12/31/2020; 12/31/2019 Source(s) of funding
New investNew local ments outside investments Chicago in 2020 in 2020
Full-time local employees as of 12/31/2020
Amount invested (millions) in 2020; 2019 Type(s) of investments:
Th to pr
Company
Top executive(s)
LINDEN CAPITAL PARTNERS 150 N. Riverside Plaza, Suite 5100, Chicago 60606 312-506-5600
Tony Davis President, managing partner
$3,045.0 $2,855.0
MADISON DEARBORN PARTNERS LLC 70 W. Madison St., Suite 4600, Chicago 60602 312-895-1000
Samuel M. Mencoff Paul J. Finnegan Co-CEOs
MARANON CAPITAL LP 303 W. Madison St., Suite 2500, Chicago 60606 312-646-1200
Ian M. Larkin Managing director, CEO
MCNALLY CAPITAL 151 N. Franklin St., Suite 2650, Chicago 60606 312-357-3710
Ward S. McNally Managing partner
$475.5 $416.0
Family offices, select institutional investors
0
0
MERIT CAPITAL PARTNERS 303 W. Madison St., Suite 2100, Chicago 60606 312-592-6111
Terrance M. Shipp Marc J. Walfish Managing directors
$1,603.5 $1,603.5
Insurance, pensions, endowments, high-net-worth individuals
0
3
$98.7 Mezzanine, equity, leveraged $178.3 buyouts, management buyouts, recapitalizations
17
MESIROW PRIVATE EQUITY 353 N. Clark St., Chicago 60654 312-595-6000
Marc E. Sacks, CEO Thomas E. Galuhn, President
$5,730.9 $4,744.0
U.S. and foreign pension funds, insurance companies, banks, foundations, endowments, high-networth individuals
1
13
$337.5 Buyout, growth equity/venture $708.2 capital, special situations p artnerships
22
MIDWEST MEZZANINE FUNDS 55 W. Monroe St., Suite 3650, Chicago 60603 312-291-7300
Michael Foster, Senior managing director, Dave A. Gezon, Senior managing director, Paul G. Kreie, Senior managing director Ana M. Winters, Managing director
Pension funds, private investors, insurance companies, banks, family offices, fund of funds
0
3
$40.0 $75.0
11
MONROE CAPITAL LLC 311 S. Wacker Drive, 64th Floor, Chicago 60606 312-258-8300
Zia Uddin Partner
$9,400.0 $9,200.0
Public and corporate pensions, ndowments, foundations, insurance e companies, regional banks, family offices, high-net-worth individuals
1
6
$250.0 Generalists, software, technology, NA health care, business services
145
MULLER & MONROE ASSET MANAGEMENT LLC 180 N. Stetson Ave., Suite 1320, Chicago 60601 312-782-7771
Andre Rice President
$1,190.02 Pension funds $1,190.0
4
57
NA Lower-middle-market private-equity $128.9 funds
14
PATRIOT CAPITAL 150 S. Wacker Drive, Suite 2400, Chicago 60606 312-924-2833
Kyle Griffith, Associate managing director, Midwest, Thomas Kurtz, Managing director, Midwest
$900.0 $775.0
NA
0
4
NA NA
Niche manufacturing and distribution, business and consumer services, IT services, health care services
2
THO 150 312-
PFINGSTEN PARTNERS LLC 300 N. LaSalle St., Suite 5400, Chicago 60654 312-222-8707
Thomas S. Bagley, Senior managing director, Scott Finegan, Managing director
$635.0 $686.6
High-net-worth investors, pension funds, endowments
0
3
NA NA
Niche manufacturing, value-added distribution, specialty business services
18
TILI 111 312-
PPM AMERICA CAPITAL PARTNERS 225 W. Wacker Drive, Suite 1200, Chicago 60606 312-634-2500
Austin Krumpfes Head of private equity
Institutional investors
5
20
$488.0 Consumer products, diversified, tech, $488.0 business services
16
TWI 123 312-
PRAIRIE CAPITAL LP 191 N. Wacker Drive, Suite 800, Chicago 60606 312-360-1133
Nate Good Managing partner
$694.5 $740.5
Institutions, high-net-worth individuals
0
3
$99.0 $74.0
Health care, technology, education, consumer
20
PROSPECT PARTNERS LLC 200 W. Madison St., Suite 2710, Chicago 60606 312-782-7400
Brett Holcomb, Brad O’Dell, Erik E. Maurer Partners
$365.0 $365.0
Financial institutions, pension funds, endowments, fund of funds, highnet-worth individuals
0
NA $1.8
Recapitalizations and acquisitions in manufacturing, value-added distribution, consumer services, business services, industrial services
9
RCP ADVISORS 353 N. Clark St., Suite 3500, Chicago 60654 312-266-7300
Alex Abell, Partner, Nell Blatherwick, Partner, Tom Danis, Managing partner, Charlie Huebner, Managing partner, Jon Madorsky, Managing partner, Andrew Nelson, Partner, David McCoy, Managing partner
$9,600.0 $8,300.0
Foundations, endowments, pension funds, family offices, private investors
10
NA NA
Lower-middle-market buyouts
47
ROCK ISLAND CAPITAL LLC 1415 W. 22nd St., Suite 1250, Oak Brook 60523 630-413-9136
Al Mattaliano, Brian Bastedo, Michael Nugent Partners
Institutions, family offices, banks, high-net-worth individuals
2
NA NA
Management buyouts, recapitalizations, growth equity
SHORE CAPITAL PARTNERS 1 E. Wacker Drive, Suite 2900, Chicago 60601 312-348-7580
Justin Ishbia Managing partner
STACKER HOLDINGS 180 N. Stetson Ave., Suite 3500, Chicago 60601 312-834-5102
Austin Reichardt, G.R. Kearney Managing partners
STERLING PARTNERS3 401 N. Michigan Ave., Suite 3300, Chicago 60611 312-465-7000
Steven Taslitz Chairman
SVOBODA CAPITAL PARTNERS LLC 1 N. Franklin St., Suite 1105, Chicago 60606 312-267-8750
John A. Svoboda Managing director
SYNETRO GROUP LLC4 810 W. Washington Blvd., Suite 200, Chicago 60607 312-372-0840
Pantelis A. “Pete” Georgiadis CEO
P013-P015_CCB_20210823.indd 14
0
3
$18,074.0 Public and private pension funds, $15,864.2 endowments, corporations, financial institutions, family offices, high-networth individuals
1
5
$1,743.1 Management buyouts, private-equity $366.7 investments
84
$3,626.9 $3,200.0
2
27
$1,284.9 Business services, health care, food $1,564.4 products, technology
43
$465.0 $460.0
$5,433.0 $3,983.0
$331.0 $331.0
Pension plans, endowments, insurance companies, sovereign wealth funds
Pension funds, insurance companies, family offices
1
235
1
NA Health care $384.0
NA NA
37
Lower-middle-market companies in aerospace and defense, industrial products and services, business services
Middle-market companies involved in later-stage business expansions, corporate acquisitions, recapitalizations, leveraged buyouts
11
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VAL 875 312-
VIC 150 312-
VIST 300 312-
9
WAT 444 312-
Institutions, pensions, family offices, fund of funds, high-net-worth individuals
1
7
$200.0 Health care, food and beverage, $121.0 business services
80
WAU 300 312-
$30.0 $23.0
High-net-worth individuals, small family offices
0
5
$7.0 $23.0
Lower-middle-market family-owned manufacturing, distribution and service businesses
2
WIN 676 312-
$1,752.1 $1,990.5
Pension funds, family offices, foundations, endowments, asset managers
1
1
NA NA
Small to midmarket growth equity and buyouts in education, health care services, business services and consumer sectors
31
$275.0 $250.0
Private investors, institutions
1
1
NA NA
Value-added distribution, business services, consumer products and services
9
$120.0 $83.5
Private investors
0
1
$2.9 $4.0
Seed/early-stage internet, software and business services, seed to growth health tech, recapitalizations, buyouts of software, business services and niche branded manufacturing companies
$2,700.0 $1,500.0
1.5
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WIN 980 312-
WYN 6250 847-
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