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The latest news and updates for the Chicago Booth private equity community.
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Your source for news and announcements from the Svider Private Equity Program at the
Polsky Center for Entrepreneurship and Innovation
Tuesday, June 12, 2018
FEATURE //
This year marked the 17th Annual Beecken Petty O'Keefe & Company Private Equity Conference, hosted in partnership by the Polsky Center and the Private Equity student group at Chicago Booth. The theme of the day was "Remaining Nimble and Achieving Returns While Facing Uncertainty and Volatility," succinctly bringing together a series of topics and discussion relevant to our current economic climate. Nearly 400 financiers, university students, and local entrepreneurs gathered at the Conference to network and share insights into the dynamics of investing in a constantly changing economy.

To kick off the day, the Conference began with a keynote presentation from BC Partners co-chairman and managing partner Raymond Svider, MBA '89, the benefactor of the newly-formed Svider Private Equity Program at the Polsky Center. Svider spoke onstage alongside Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance Steve Kaplan about his firm's method of investing, operations, and insights into what he personally values most when accessing an investment opportunity.  View the full conversation now to learn his answers to questions such as, "what is more important: the business or the management team?" and more.
FACULTY RESEARCH SPOTLIGHT //

Why hasn't technology sped up productivity?
Chad Syverson, the Eli B. and Harriet B. Williams Professor of Economics at Chicago Booth, recently addressed the question of why (and if) productivity growth has slowed in America and in other leading economies around the globe - despite our recent technology advancements across multiple industries. While outlining various contrary possibilities to account for the apparent slowdown and the $3 trillion worth of missing output it represents, he ultimately concludes that none make as much logical sense as the most obvious answer - that the slowdown is, in fact, very real. Read more now to learn what this slow-down could really mean.

STUDENT EXPERIENCE //
Earlier this spring, a group of Chicago Booth students traveled to England to visit and engage in some friendly competition with their peers at the Oxford Saïd Business School for the third annual Oxford Chicago (OxChi) Global Private Equity Challenge. Generously supported by Chicago-area private equity firm Water Street, The OxChi Challenge is a case competition that enables teams from Chicago Booth and Oxford Saïd to assess the potential for a leveraged buyout of a publicly-listed company and compete for a cash prize. Each year, the months-long process culminates in a finals round that alternates annually between Oxford and Chicago. Read more about this year's competition now.
THE ALUMNI PERSPECTIVE //
Booth alum Hiro Hirano, MBA '89, has had a long and illustrious career in consulting and private equity investing. Currently, he is the CEO of KKR Japan, the Tokyo-based branch of the global investment firm. With nearly 30 years of experience under his belt, Hirano offers sage advice to new (or prospective) investors along with his interpretation of the current global investment landscape and what recent trends excite him most for the future. Read his full interview with the Polsky Center now.
DEAL NEWS //

Actian
Alum: George Kadifa, MBA '69 – Managing Director and Cofounder, Sumeru Equity Partners
Deal Type: Merger/Acquisition
Value: $330M

DFLabs
Alum: Richard Seewald JD, MBA '05 – Cofounder and General Partner, Evolution Equity Partners
Deal Type: Later Stage VC
Value: $3.5M

Enerkem
Alum: David Trucano, MBA '99 – Managing Director and Senior Distressed PM, BlackRock
Deal Type: Later Stage VC
Value: $223.15M

GE Healthcare (Information Technology Division)
Alum: Ramzi Musallam, MBA '97 – Managing Partner and CEO, Veritas Capital
Deal Type: Buyout/LBO
Value: $1.05B
 
Keurig Green Mountain
Alum: Lambertus Becht, MBA '82 – Chairman and Senior Partner, JAB Holding Company
Deal Type: PE Growth/Expansion
Value: $9B
 
RVshare
Alum: Philip Siegel, MBA '88 – Cofounder and Managing Partner, Tritium Partners
Deal Type: PE Growth/Expansion
Value: $50M
 
United Fire
Alum: Kevin McAllister, MBA '04 – Founder and Managing Partner, Access Holdings
Deal Type: Buyout/LBO (Add-on)
Value: $280M
MEET OUR NEWEST ENTREPRENEUR-IN-RESIDENCE //
Kim Vender Moffat has spent the majority of the past two decades as a private equity investor, board member and advisor to early-stage, small and middle market- growth companies. Most recently, she was a partner at Sterling Partners, a small-middle market firm based in Chicago, where she focused on healthcare and education services companies. Learn more about Kim now.
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Polsky Center for Entrepreneurship and Innovation at the University of Chicago · 1452 E 53rd Street · 2nd Floor · Chicago, IL 60615 · USA