private industry private equity founded 2004 1982 william blair capital partners headquarters chicago illinois united states products leveraged buyout growth capital total assets 1.8 billion website www.cgp.com chicago growth partners formerly known as william blair capital partners is a private equity firm focused on leveraged buyout and growth capital investments in middle market companies across a range of industries including education business services healthcare and industrial growth . 1 the firm which is based in chicago illinois was founded in 2004 although the group traces its roots back to the founding of william blair capital partners in 1982 . the chicago growth partners and its predecessor have raised approximately 1.8 billion since inception across nine funds . the team had raised and deployed six funds as the core group behind william blair capital partners . 2 william blair capital partners vii which closed in 2001 with 403 million was the final fund raised within the william blair capital partners platform . history edit william blair capital partners was founded in 1982 to serve as the investment arm of william blair & company . during the 1980s wbcp was an active investor in leveraged buyout transactions . william blair capital partners logo in 2004 the senior partners of william blair capital partners completed a spin out from william blair to form a new firm chicago growth partners . 2 the primary motivation for the departure of the chicago growth partners team from william blair was to gain access to a more diversified base of institutional investors that was limited by the group s involvement with the investment bank . the spinout of chicago growth partners from william blair & company came at the same time as the spinouts of private equity groups from other leading investment banks including jpmorgan chase ccmp capital citigroup court square capital partners deutsche bank midocean partners morgan stanley metalmark capital and credit suisse first boston avista capital partners diamond castle holdings . in august 2006 the remaining partners of william blair capital partners suspended efforts to raise william blair capital partners viii which had been reportedly targeted at about 250 million . the remaining team left william blair to found a new private equity firm seyen capital . 3 in april 2008 chicago growth capital completed fundraising for its second fund as an independent firm with 500 million of investor commitments 4 5 6 chicago growth capital had been in market since late 2012 with plans to raise between 400 million and 500 million for its third fund . in may 2014 fortune announced that chicago growth partners had abandoned efforts to raise its third fund . 7 references edit chicago growth partners business week profile a b chicago growth grows but retains smaller focus . reuters buyouts april 14 2008 blair lazard pe groups disband . reuters buyouts august 7 2006 chicago firm doubles in size . pe week april 21 2008 pe firms continue to rake in cash . the deal april 2 2008 private equity team leaves william blair sets up own shop . finalternatives august 4 2006 exclusive chicago growth partners calls it quits . fortune . retrieved 2016 04 18 . external links edit chicago growth partners company website v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies v t e merchant banking private equity groups current and prior abn amro aac capital partners bank of america ridgemont equity partners merrill lynch global private equity barclays capital barclays private equity barings bank baring vostok capital partners gp investments bear stearns irving place capital fka bsmb cibc world markets trimaran capital partners citigroup metalmark capital court square capital partners cvc capital partners credit suisse dlj merchant banking avista capital partners diamond castle holdings deutsche bank midocean partners first chicago bank defunct madison dearborn partners gtcr goldman sachs goldman sachs capital partners jpmorgan chase ccmp capital fka jpmorgan partners one equity partners lazard lazard alternative investments lehman brothers defunct trilantic capital partners morgan stanley metalmark capital morgan stanley capital partners nomura terra firma capital partners ubs ubs capital affinity equity partners capvis lightyear capital wells fargo norwest venture partners pamlico capital william blair & company chicago growth partners william blair capital partners list of investment banking private equity groups retrieved from https en.wikipedia.org w index.php title chicago growth partners & oldid 743336343 categories private equity firms of the united statesamerican companies established in 2004companies based in chicagoinvestment banking private equity groups navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 october 2016 at 04 55 . text is available under the creative commons attribution sharealike license ; 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