News

Upstate Capital Weekly Newsletter – 3/2/22

Deals, News & Events for the Upstate Capital Investment Community 



UPSTATE CAPITAL NEWS

UPSTATE CAPITAL’S 2021 ANNUAL REPORT

Upstate Capital is pleased to announce its’ 2021 Annual Report, State of Upstate: Investment Landscape is now available. Included in the 2021 Annual Report are the year’s highlights as well as upcoming events for 2022. Click below to view and download the report.

INVEST NY: HEALTH IS TOMORROW! 

Tickets are still available for Invest NY: Health on March 3. Register now to meet innovative startups, hear from active investors, learn from industry experts, and expand your personal network.


VENTURE + GROWTH

VENTURE FOR CLIMATETECH APPLICATIONS OPEN

Hosted by Upstate Capital member NextCorps, Venture For ClimateTech is a non-profit global venture studio and accelerator program. Applications are open until close of day March 4 to get one-on-one support, best-practice programming for startups, and up to $100K in funding. Visit their website to register for an upcoming information session or watch a past one to see if the program is right for you.

NEW STUDY: MORE JOBS AT
VC-BACKED COMPANIES

Venture Forward has partnered with NVCA and the University of North Carolina Kenan Institute of Private Enterprise to produce new research on employment dynamics at VC-backed companies. Their findings show employment at VC-backed companies grew 960% from 1990 and 2020 at a pace 8x that of employment at non-VC-backed companies.


PRIVATE EQUITY + M&A

WP STRATEGIC HOLDINGS
ACQUISITION

WP Strategic Holdings, an Albany-based investment group, has acquired a majority stake in Larry’s All-Natural, a manufacturer of six types of salsas and cooking sauces. WP Strategic Holdings expects that by 2025, sales of Larry’s All-Natural will increase five-fold. Larry’s is the second acquisition in the food space for WP Strategic Holdings.

SEC: NEW RULES TARGETING
ADVISORS TO PRIVATE FUNDS

The SEC has recently proposed new rules and amendments to enhance the regulation of private fund advisers and to protect private fund investors by increasing transparency, competition and efficiency. SEC Chair Gary Gensler said, “I support this proposal because, if adopted, it would help investors in private funds on the one hand, and companies raising capital from these funds on the other.”

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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


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A Conversation With: John Hill of Techstars

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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

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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

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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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