Patriot Capital Supports the Illinois Venture Capital Association Scholar Program

Summer is prime internship season and Patriot Capital also took part in welcoming numerous interns through our firm. Quam Oluewu, a third-year student at the University of Chicago Illinois, joined us in our Chicago office as part of the Illinois Venture Capital Association (IVCA) Scholar Program.

The IVCA provides access, information, and a voice for the professional venture capital/private equity investor and its Scholar Program helps foster diversity and inclusion by providing students exposure to a possible career in the venture capital/private equity industry. To qualify, students must attend a university in Illinois or be a permanent Illinois resident; possess strong communication and analytical skills, having completed some finance and accounting work; and be a person of color or a woman.

“I heard about the IVCA Scholar Program through my school and was very excited when I was chosen,” said Quam Oluewu. “My internship at Patriot Capital has been a very valuable experience. Tom and Kyle both taught me a great deal about the industry and checked in with me throughout the whole process. I didn’t know anything about the private equity industry before I started and having this door open has inspired me to understand what the field entails and provided me with critical networking opportunities to consider a career in the industry. I’m thankful to the Patriot Capital team for their participation in the IVCA Scholar Program.”

photo of Kyle Griffith, Quam Oluewu, Tom Kurtz

(from left to right) Kyle Griffith, Quam Oluewu, Tom Kurtz

IVCA Scholars work at a venture capital or private equity firm and participate in informational and training sessions. Quam worked on how to source and analyze deals, completed a financial modeling course, and participated in networking events that helped him learn more about the industry.

“Quam is an insightful young man who has responded well to the challenges of learning about a new industry. He was exposed to the new deals that we see daily as a firm and worked to analyze and understand these potential deals (based on industry, risk, size, etc.). He expressed interest in learning more about the investment banking industry, so we were able to have some introductory calls with other firms to help him make some meaningful connections,” said Tom Kurtz, Managing Director – Midwest.

“At Patriot Capital, we aspire to support companies that are an active member of the communities in which they operate and seek to be representative of that community within its workforce,” said Charles McCusker, Managing Director. “We’re proud to support the IVCA Scholar Program in their efforts to create an inclusive industry with more gender, racial, and ethnic diversity.”