Banc Fund VII Overview
- Fund Type
-
Growth/Expansion
- Fund Status
-
Closed
- Fund Manager
- 1st & Main Growt...
- Size
-
$450M
- Vintage
-
2005
- Dry Powder
-
Banc Fund VII General Information
Description
Banc Fund VII is a 2005 vintage private equity growth-expansion fund managed by 1st & Main Growth Partners. The fund is located in Chicago, Illinois, and invests in the United States. The fund targets commercial banks and insurance tech sectors.
Contact Information
Fund Manager's Location
- 150 South Wacker Drive
- Suite 2725
- Chicago, IL 60606
- United States
Banc Fund VII Investments (1)
Banc Fund VII has made one investment. Its deal was a with Origin Bancorp for , made on 17-Dec-2012.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
|---|---|---|---|---|---|---|
| Origin Bancorp | 17-Dec-2012 | National Banks | Profitable |
Banc Fund VII Investment Strategy
Investments by Industry
Investments by Deal Type
Banc Fund VII Limited Partners (34)
Peerless Insurance Company is one of Banc Fund VII’s 34 limited partners. Its latest Original was on 25-Sep-2006.
| Limited Partner Name | Type | Status | Commitment | Date | Commitment Type |
|---|---|---|---|---|---|
| Peerless Insurance Company | Current | 25-Sep-2006 | Original | ||
| New York Life Insurance Company | Current | 30-Apr-2005 | Original | ||
| Country Mutual Insurance Company | Current | 26-Apr-2005 | Original | ||
| Employers Insurance Company of Wausau | Current | 26-Apr-2005 | Original | ||
| Liberty Insurance Corporation | Insurance Company | Current | 26-Apr-2005 | Original |
Banc Fund VII Returns Data
The below charts are illustrative of the type of graphical data available to our clients and do not represent live data.
IRR (%)
DPI (x)
RVPI (x)
TVPI (x)
Banc Fund VII Returns History
| Period | Contribution (by all LPs) | Dry Powder | Distribution (to all LPs) | NAV | Total Fund Distr+NAV | IRR | DPI | RVPI | TVPI | Dry Powder % |
|---|
Banc Fund VII Benchmark (50)
| Fund Name | Fund Type | Vintage | IRR | Quartile | As of Date |
|---|---|---|---|---|---|
| Montauk TriGuard Fund III | 30-Sep-2021 | ||||
| Sentinel Capital Partners III | 31-Dec-2022 | ||||
| Riva Capital Partners | |||||
| GCM Grosvenor CPPIB Mid Market Opportunity Fund II | 30-Jun-2022 | ||||
| SigmaBleyzer Southeast European Fund IV | |||||
| Sterling Group Partners II | 31-Mar-2021 | ||||
| Versa Capital Fund I | 31-Dec-2024 | ||||
| Wexford Partners VIII | 31-Dec-2016 | ||||
| AEA Investors Small Business Fund I | 31-Dec-2019 | ||||
| FdG Capital Partners II | 31-Dec-2024 |
Banc Fund VII FAQs
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What is Banc Fund VII?
Banc Fund VII is a 2005 vintage private equity growth-expansion fund managed by 1st & Main Growth Partners.
-
Who manages Banc Fund VII?
Banc Fund VII is managed by 1st & Main Growth Partners.
-
Where is Banc Fund VII domiciled?
Banc Fund VII is domiciled in United States.
-
What is Banc Fund VII's size?
Banc Fund VII has a size of $450M.
-
What type of fund is Banc Fund VII?
The fund type of Banc Fund VII is Growth/Expansion.
-
What is the status of Banc Fund VII?
Banc Fund VII is closed.
-
What has Banc Fund VII invested in?
Banc Fund VII has invested in Origin Bancorp within the National Banks industry.
-
What has Banc Fund VII invested in recently?
Banc Fund VII's latest investment was on 17-Dec-2012 in Origin Bancorp, a company within the National Banks industry.
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