Paul E. Rice
Senior Advisor, Private Equity
Executive Committee Member, Board of Directors
350 N. Clark St., Chicago, IL 60654  |  312.595.6950  | 

Areas of Focus: Private Equity Partnership, Direct Investing

Profile:

  • Responsible for building highly profitable fund of funds program
  • More than 25 years of experience in the private equity marketplace
  • Previously managed the Alternative Investments Division for the State of Michigan Retirement System (SMRS)
Accomplishments:
  • Developed and managed Mesirow Financial's first partnership investment programs
  • Has built solid relationships with fund managers during more than 20 years in the industry, allowing for access to the top-performing funds in the U.S. and abroad
  • Built and managed the State of Michigan's alternative investments partnership and direct investment programs
  • Committed more than $6 billion to private equity funds and direct investments over a 20 year period
  • Co-authored a chapter on private equity investing for the Handbook of Alternative Investments
  • Frequent speaker/lecturer at private equity industry events and conferences
  • Built and managed several business development/finance programs for the Michigan Department of Commerce
  • Served on the Board of Directors for a number of Private and Public companies
Affiliations:
  • The Shansby Group, advisory board member
  • Accel Partners, executive advisory board member
  • Arlington Capital Partners, advisory board member
  • Doll Capital Management III, advisory board member
  • HealthCare Ventures VI-VII, advisory board member
  • Heartland Industrial Partners, advisory board member
  • The Peninsula Funds II-III, advisory board member
  • Executive Club of Chicago, member
  • Illinois Venture Capital Association, current member and past executive committee member
  • National Venture Capital Association, member
  • University of Michigan's Technology Advisory Group, former member
  • University of Michigan's Office for Private Equity Finance, former member