Ovation Pharmaceuticals Wins IVCA Portfolio Company of the Year Award
Chicago, September 3, 2010 – The Illinois Venture Capital Association (IVCA) is pleased to announce its 2010 award recipients.
The Stanley C. Golder Medal will be awarded this year to Lester B. Knight, Founding Partner of RoundTable Healthcare Partners. The Golder Medal acknowledges individuals who have made profound and lasting contributions to the private equity industry in Illinois.
The Richard J. Daley Medal will be presented to Robert L. Fealy, President of The Duchossois Group and Managing Director of Duchossois Technology Partners. The Daley Medal recognizes a single individual who has given direct and extraordinary support to the Illinois economy resulting from private equity funding.
The Fellows Medal will be presented to Mark Glennon. Mark currently serves as Treasurer of IVCA, is a Founding Member of IVCA and has served on numerous IVCA committees. The Fellows Medal recognizes individuals for their outstanding contributions to the private equity profession and to the Illinois Venture Capital Association.
A new addition to the IVCA Awards this year is the Portfolio Company of the Year Award. This award will go to a VC or PE-backed company with an exit in the last 3 years – through an IPO or a sale – that provided a great return on investment for investors. The inaugural recipient of this award is GTCR-backed Ovation Pharmaceuticals. Accepting the award on behalf of the Ovation management team will be Jeffrey S. Aronin. Jeff was a founder of Ovation in 2000, and was President and CEO through the company’s sale in 2009.