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Chicago ArchAngels II
Chicago ArchAngels II is a multi-family office connecting Chicago and Aspen families for direct real estate and private equity co-investments.
Chicago ArchAngels II
Chicago ArchAngels II was founded around 2018 by a group of family principals seeking a collaborative investment vehicle, with offices in Chicago and Aspen. The firm's structure blends family office capital aggregation with a direct investment approach, targeting opportunities that individual families might lack scale or expertise to pursue alone. The firm deploys capital across private equity, real estate, and infrastructure, with a bias toward control and co-control transactions in the US lower-middle market. Its known portfolio includes interests in healthcare service providers and technology-enabled business services companies, though specific holdings are not publicly disclosed. The geographic footprint concentrates on the Midwest and Mountain West regions, leveraging the principals' networks. Chicago ArchAngels II operates with a lean team structure, relying on the expertise of its member families for deal sourcing and due diligence. The firm maintains a philanthropic arm that supports community development initiatives in Chicago and Aspen, but specific foundations are not named. No recent operational events have been publicly reported. The firm's structural differentiator is its hybrid model: it functions as a club of family offices that co-invest through a centralized vehicle, avoiding the regulatory overhead of a traditional fund while providing deal flow that would be inaccessible to each family alone. This structure allows members to maintain separate identities while pooling capital for larger transactions.
General information
Firm type
Multi Family Office
Year founded
2018
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Chicago, IL, United States
Additional offices
Aspen, CO, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Chicago ArchAngels II?
Chicago ArchAngels II does not publicly name its investment committee members. Decision-making is shared among the participating family principals, each of whom may lead or follow on specific deals based on expertise. This collective governance is typical for family office clubs of its type.
How does Chicago ArchAngels II source proprietary deal flow?
The firm sources deals through the networks of its member families, who operate businesses in the Midwest and Mountain West. It also maintains relationships with middle-market private equity firms and investment banks that bring co-investment opportunities.
Is Chicago ArchAngels II structured as a single family office or does it operate more like a venture firm?
Chicago ArchAngels II is a multi-family office organized as a club-deal vehicle, not a venture firm or registered investment adviser. Multiple families pool capital for each transaction, retaining direct ownership in underlying assets rather than investing through a commingled fund.
Does Chicago ArchAngels II participate in fund commitments or only direct deals?
The firm's disclosed activity focuses exclusively on direct co-investments and control transactions. It does not appear to commit capital to external limited partnership funds. The model prioritizes operational involvement and governance rights in portfolio companies.
What investment stages does Chicago ArchAngels II typically target?
Chicago ArchAngels II targets middle-market companies with established revenue and positive cash flow, not early-stage startups. Its typical transaction sizes and stage focus align with lower-middle-market buyouts and growth equity, often involving control or co-control positions.
Which sectors does Chicago ArchAngels II explicitly avoid?
The firm has not publicly disclosed any avoided sectors. However, its known portfolio leans toward asset-heavy industries like real estate and infrastructure, suggesting a preference against high-tech, pre-revenue, or venture-stage companies that require specialist expertise.
Where does the underlying wealth come from?
The specific sources of wealth for Chicago ArchAngels II's member families are not publicly disclosed. The firm's office locations in Chicago and Aspen suggest that the principals likely generated wealth through successful business ownership, possibly in industries such as manufacturing, real estate development, or professional services.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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