News

Upstate Capital Weekly Newsletter – 3/16/22

Deals, News & Events for the Upstate Capital Investment Community 



UPSTATE CAPITAL NEWS

WHAT ARE BUSINESSES WORTH?

Upstate Capital’s M&A Advisor Series kicks off on March 23 in Albany!

– Gain perspectives on what businesses are worth
– Hear stories about misperceptions, reality checks and timelines
– Learn how to approach setting realistic expectations
– Identify potential strategies for increasing value prior to sale


VENTURE + GROWTH

MEMBER NEWS

Upstate Capital member, NY Ventures/Empire State Development (ESD), has appointed Marcia Mitchell as Director. Prior to joining ESD, Marcia worked at ff Venture Capital, an early stage venture capital firm based in New York City. Congratulations ESD and Marcia!

INVEST NY: HEALTH A SUCCESS!

Over 130 people came together in-person and online for Upstate Capital’s Invest NY: Health event on March 3 at the University of Buffalo’s Center of Excellence for Bioinformation and Life Sciences. Check out the event photos on our website! Upstate Capital members have full access to all event content – watch the videos now.


PRIVATE EQUITY + M&A

STRONG OUTLOOK FOR
PE MEGA-FUNDS

Mega-funds (those with over $5 billion) continued to dominate the private funding space for PE firms in 2021, motivated by investor confidence and deeper pockets. According to Pitchbook’s latest Private Fund Strategies Report, mega-funds comprised 44% of fundraising totals among PE firms and accounted for $143.4 billion last year.

“SHE TALKS PRIVATE EQUITY” PODCAST

Upstate Capital board member, Marissa Wiley of Nixon Peabody, talks private equity on the “She Talks Law” podcast, hosted by Jen Jovceski. Also joining the talk is Nicki Lambropoulos of the private equity firm Cold Bore Capital. The women discuss trends to look out for in PE and share their experiences of working in a male-dominated industry.

COMMUNITY

INTRODUCTION TO
“LAUNCH1000”

Presented by the Westchester County Office of Economic Development, “Launch1000” is designed to help residents evaluate an idea, test it with potential customers, and see if it seems likely to succeed. The next intro session is March 22 at 10 a.m. Register for one of their online intro sessions to see if the program is right for you!

NEXTCORPS “STARTUP WEEK”
BEGINS MARCH 28

Upstate Capital member NextCorps is hosting their annual “Startup Week” beginning March 28: a week of education, inspiration and connections to fuel small business growth. Built for entrepreneurs and small businesses in Upstate NY, it offers free virtual workshops, panel discussions and networking opportunities.

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MORE NEWS

Event Recap: 2023 Buffalo Private Equity Summit

May 31, 2023

Event Recap: 2023 Buffalo Private Equity Summit


Buffalo Private Equity Summit brought together private equity and M&A transaction professionals from across the Rust Belt and beyond to Buffalo on Tuesday, May 23, 2023. The 4th annual Summit was sponsored by Hamilton Lane, Bluehenge Capital, and our new partners: Bannockburn Global Forex, SLB Capital, and Carleton McKenna. The event would not be possible […]

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A CONVERSATION WITH: ASHOK SUBRAMANIAN of CENTIVO

May 8, 2023

A CONVERSATION WITH: ASHOK SUBRAMANIAN of CENTIVO


Bullish on Upstate New York If there was a person perfectly suited to keynote Upstate Capital’s Buffalo Private Equity Summit later this month, it is veteran entrepreneur and unabashed Upstate New York cheerleader Ashok Subramanian. Subramanian is no stranger to either private equity or the city of Buffalo. The die-hard Buffalo Bills and Sabres fan […]

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Global Capital Markets Strategist Marc Chandler Shares Insights in Buffalo on May 23

May 5, 2023

Global Capital Markets Strategist Marc Chandler Shares Insights in Buffalo on May 23


It’s likely that attendees at the upcoming Buffalo Private Equity Summit will be familiar with one of the event’s prominent speakers – Marc Chandler. With more than 30 years of experience in the global capital markets, Chandler is a well-known figure and has been regularly featured on major television networks as well as newspapers and […]

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Event Recap: Venture NY 2023

May 3, 2023

Event Recap: Venture NY 2023


Venture NY on April 27, 2023 in Syracuse brought together startups, investors, business leaders, and student entrepreneurs in Syracuse to discuss entrepreneurship and innovation. The event featured the NYBPC Grand Prize Finals where over $100,000 was awarded to winning teams. ACCELERATORS + COMPETITIONS 43 North Central NY Biotech Accelerator CenterStage CEO’s Tech Garden Fuzehub GENIUS […]

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A Conversation With: John Hill of Techstars

April 21, 2023

A Conversation With: John Hill of Techstars


The Upstate Capital Association of New York is enthusiastic to feature John Hill, Vice President of Network at Techstars, who is truly at the vanguard of assisting fledgling entrepreneurs and start-ups across the US and abroad as one of the keynote speakers at Venture NY on April 27th in Syracuse. Hill, a former Higher Education […]

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Bank volatility impact survey and information resources

March 13, 2023

Bank volatility impact survey and information resources


At Upstate Capital, we are closely monitoring the situation with Silicon Valley Bank and banks more generally. SVB’s failure on March 10 caused shock waves that continue to ripple through the US banking system. Many companies, startups and investment firms alike, are facing challenges in a funding environment that is already difficult.  If you are […]

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Middle-Market Private Equity + M&A Update – Q4 2022

March 2, 2023

Middle-Market Private Equity + M&A Update – Q4 2022


The Middle-Market PE + M&A Update is a quarterly publication for the Upstate NY deal-making community, presented by the Upstate Capital Association of NY and The Bonadio Group,

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Invest Capital Region: Life Sciences + Health

February 16, 2023

Invest Capital Region: Life Sciences + Health


Rensselaer Polytechnic Institute and the Lally School of Management, in collaboration with Upstate Capital Association of New York, will host Invest Capital Region: Life Sciences + Healthcare to showcase emerging startups, invite investors to the Capital Region, and build connections within and across the investment, research, and entrepreneurial ecosystems. An afternoon of thought leadership and […]

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Event Recap: 2023 Investor Outlooks

February 9, 2023

Event Recap: 2023 Investor Outlooks


Investors and industry professionals gathered to network and discuss outlooks for the upcoming year on February 2nd at the Saturn Club.

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Upstate Capital Announces 2023 Board of Directors

December 20, 2022

Upstate Capital Announces 2023 Board of Directors


The Upstate Capital Association of NY, the membership organization for private capital investors and transaction professionals across Upstate New York, has announced its 2023 Board of Directors.

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