Midwestern Capital Ventures (MCV), a Chicago area-based private equity start up aimed at acquiring controlling interests in high potential companies entering periods of ownership transition, is beginning to raise capital.
Headed by Phillip Benson, Midwestern Capital Ventures will focus on various sectors in consumer products manufacturing and distribution.
According to a press release, the search fund is still in its preliminary stages but “target companies are already being identified and preliminary introductions into several have already occurred”.
According to a press release, the search fund is still in its preliminary stages but “target companies are already being identified and preliminary introductions into several have already occurred”.
“We’re a type of small private equity fund but one with a very operational focus and long term investment horizon”, Mr. Benson said.
The company, which is currently located in Hawthorn Woods, will be moving to offices in Schaumburg, IL.
FinSMEs
18/05/2010