NextGen Growth Partners
Capital & InvestorsA Chicago private investment firm founded in 2016 running the entrepreneur-in-residence model: EIRs join the firm full time, source and acquire a business with the firm's committed capital, and step in as its leader, an employed path into operating rather than a fund backing your own search.
- Pricing
- Custom pricing, Not a fee or a fund investment in your entity: EIRs are brought into the firm's structure with compensation and equity terms set by the firm; understand exactly what you would own before comparing it to running your own search.
- Best For
- Aspiring owner-operators who want the searching experience with a salary, committed capital, and infrastructure, and who accept firm economics in exchange
- Roadmap Stages
- 2. Choose Your Path
Pros
- Removes the fundraising and personal-runway burden entirely; capital is committed before you start
- Institutional sourcing, diligence, and operating support around the EIR
- A credible path for operators without the network or savings a self-funded or traditional search demands
Cons
- You are an employee-entrepreneur inside the firm's economics, not the owner of your own search vehicle
- Equity outcomes are structurally smaller than a successful self-funded purchase and different from traditional-search vesting; compare the three paths on paper
- Thesis and deal selection are shared decisions with the firm
What Searchers Say
Frequently listed among the employed-searcher and accelerator-style models in community roundups. Sentiment is generally positive on the experience and honest about the trade: less risk, less ownership.