Chicago - Megafund placement

J-Man's picture
Rank: Senior Monkey | 83

Hey guys,

Seems like a lot of the Megafunds do not have offices in Chicago. Saw on one old thread there were two people fighting back and forth regarding this so I just wanted to settle it out here and see what the real deal was.

Do top groups in Chicago frequently place Analysts at Megafunds? If you can confirm, and preferably name specific megafunds you get silver bananas from me. Thanks!

Comments (27)

Sep 24, 2014

More likely to end up at MDP or GTCR

    • 1
Sep 25, 2014
BTbanker:

More likely to end up at MDP or GTCR

I echo this. Haven't seen many Associates in NY megafunds from Chicago offices.

    • 1
Sep 25, 2014

Thanks guys, appreciate the feedback.

@BTbanker - Any other notable big PE shops in Chi that you know of? Or are MDP and GTCR pretty much the biggest and baddest thing around?

Sep 27, 2014

Waud Capital, Baird Capital & Chicago Growth Partners are also pretty well regarded shops in the MM space in Chicago.

    • 1
Sep 28, 2014
State of Trance:

Waud Capital, Baird Capital & Chicago Growth Partners are also pretty well regarded shops in the MM space in Chicago.

http://www.pehub.com/2014/05/chicago-growth-partne...

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Sep 28, 2014

Aside from the ones mentioned so far, other names that come to mind are Cressey & Co. and Vista (hq'd in SF but has a Chicago office).

Best Response
Sep 30, 2014

Some

2x Consumer Products
Access Value Investors
Acuity Capital Partners
Akoya Capital
Alpha Capital Partners
Apex Fundemental Partners
Arbor Private Investment Company
Argo Management Partners
Baird Capital Partners
Baker Tilly
BDT Capital Partners
Benford Capital Partners
Bounds Equity Partners
Bridge Investments
Caffrey Capital Partners
Caldera Capital Partners
CHS Capital
CIVC Partners
Cloquet Capital Partners
CM Acquisitions
Cognitive Capital Partners
Cressey & Company
DN Partners
The Edgewater Funds
Equity Risk Partners
Expedition Capital Partners
First Analysis Corporation
Flexpoint Ford
Forest Hill Partners
Frontenac Company
Fulton Capital
Gateway City Capital
Generation3 Capital
Geneva Glen Capital
Glencoe Capital
GrowthPath Capital
Hadley Capital
Heico
High Street Capital
Hilco Equity Management
Hispania Capital Partners
Inoca
Invision Capital
Iron Range Capital
Keystone Capital
L Squared
Lake Capital Partners
Lake Pacific Partners
LaSalle Capital Group
Madison Capital Partners
Madison Dearborn Partners
Magna Capital
May River Capital
New Harbor Capital
Nicolet Capital Partners
North American Business Development Co
North Branch Capital
Pfingsten Partners
Prairie Capital
Promus Equity Partners
Prospect Partners
Red Barn Investments
Ridge Capital Partners
Rock Gate Partners
Rock Island Capital
RoundTable Health Care Partners
Rural America Fund, Inc.
Sheridan Legacy Group
Shore Capital Partners
Silver Oak Services
Sterling Partners
Svoboda Capital Partners
Synetro Group
Thoma Bravo
Titan Equity Partners
TSI Holding
Valor Equity Partners
Vernon & Park Capital
Vistria Group, The
Water Street Healthcare Partners
Waveland Investments
White Oak Group
Wind Point Partners
Winona Capital Management
WMG capital
Wolf Point
Woodlawn Partners
Wynnchurch Capital
Z Capital Partners

    • 4
Sep 30, 2014

Adams Street is another one

    • 1
Sep 30, 2014

ASP is not really a PE firm in the traditional sense. They do PE secondaries, VC/GE through their fund contacts, FoF, and some co-investing. However, they are very large, but the types of funds they run are not quite as lucrative from a fee perspective.

Sep 30, 2014

Chicago PE has seen a fair amount of struggles in recent years - two of the larger firms, CHS and Lake Capital, are both closing shop.

One larger player that no one has really touched on yet is BDT Capital, Byron Trott's firm, but probably the reason for that is because it's really secretive (no website) and it's more a merchant bank than a traditional PE firm.

Sep 30, 2014
CHItizen:

Chicago PE has seen a fair amount of struggles in recent years - two of the larger firms, CHS and Lake Capital, are both closing shop.

One larger player that no one has really touched on yet is BDT Capital, Byron Trott's firm, but probably the reason for that is because it's really secretive (no website) and it's more a merchant bank than a traditional PE firm.

How would you go about finding employment at BDT?

Sep 30, 2014
amach3:
CHItizen:

Chicago PE has seen a fair amount of struggles in recent years - two of the larger firms, CHS and Lake Capital, are both closing shop.

One larger player that no one has really touched on yet is BDT Capital, Byron Trott's firm, but probably the reason for that is because it's really secretive (no website) and it's more a merchant bank than a traditional PE firm.

How would you go about finding employment at BDT?

You wouldn't. They would find you. It is a true merchant bank and does more advisory than investing from my understanding.

Sep 30, 2014

They had campus postings when I was in school. I would imagine they also do some hiring from IB analyst ranks, so I would guess they have a recruiter / headhunter as well, but not sure.

Sep 30, 2014

Surprised no one mentioned Merit Capital and Beecken, Petty, O'Keefe & Co. By no means megafunds but firms that have raised multiple funds so they must be doing something right, right? BPOC has raised 5 funds to date (4 under current name); Merit Capital 5 funds as well, the latest around $600mm. Not mega, but no slouch either for those striving for that eternal sunshine PE job.

Oct 1, 2014
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