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NextGen Growth Partners Holds First Close on Inaugural Fund

Jul 05, 2016 - Business Wire

NextGen Growth Partners (NGP), a Chicago-based private equity firm that taps Chicago's top entrepreneurs to acquire and grow lower middle market businesses, today announced the first close of its inaugural fund. The goal of the first close is to create a solid base for the firm's entrepreneurs-in-residence (EIR) to begin targeting industries, sourcing and acquiring companies in the lower middle market.

Founded in early 2016, NGP pins its early success on the collaboration between some of C...