GTCR Appoints Don McDonough to Lead Business Development for its Strategic Growth Fund – PR Newswire

by | Sep 7, 2022 | Business

Experienced Private Equity Executive Joins Growing Team of Professionals
CHICAGO, Sept. 7, 2022 /PRNewswire/ — GTCR, a leading private equity firm, announced today that Don McDonough has joined the firm as Managing Director, Business Development. In this role, he will lead business development efforts for the firm’s Strategic Growth Fund and work with members of the GTCR investment teams to identify and develop investment opportunities for the fund. He will also have responsibility for building and maintaining relationships with investment banking organizations and other advisors across GTCR’s investment domains. Mr. McDonough comes to GTCR with over 20 years of experience in the financial services industry and over a decade spent in business development for private equity.
GTCR closed its first Strategic Growth Fund in January 2022 with $2.0 billion of limited partner capital commitments. The fund supports GTCR’s Leaders Strategy™ investment approach for smaller opportunities than those pursued by its most recent flagship fund, GTCR Fund XIII, which closed in 2020 with $7.5 billion in limited partner capital commitments. The firm’s Leaders Strategy™ approach involves partnering with exceptional management leaders in its core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. GTCR has successfully applied the Leaders Strategy™ for several decades and maintains a culture of partnership with management teams as they build strategically attractive businesses over time. 
To date, the Strategic Growth Fund has made several investments in partnership with ex …

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