CHICAGO--(BUSINESS WIRE)--GTCR, a leading private equity firm, today announced that Bruce Rauner has retired from the firm to devote more of his time to civic and philanthropic interests. Mr. Rauner’s retirement completes the transition plan jointly developed by him and the firm. Mr. Rauner joined GTCR in 1981.
“We are greatly appreciative of Bruce’s contributions to GTCR,” stated Managing Director Phil Canfield. “From its founding over 30 years ago, Bruce helped guide our firm’s growth to become one of America’s leading private equity firms today.”
Mr. Rauner serves on the boards of numerous civic and philanthropic organizations including New Schools for Chicago, the Noble Network of Charter Schools, Ravinia Festival, University of Illinois Chancellor’s Strategic Advisory Board and World Business Chicago. As well, Mr. Rauner is Chairman of the Education Committee of the Civic Committee of the Commercial Club of Chicago, Chairman of the Chicago Convention and Tourism Bureau, Chairman of ACT Charter School and Past Chairman of the Chicago Public Education Fund.
ABOUT GTCR
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare and Information Services & Technology industries. The Chicago-based firm pioneered the “Leaders Strategy” – finding and partnering with management leaders as the critical first step in identifying, acquiring and building market-leading companies through acquisitions and organic growth. Since its inception, GTCR has invested more than $10 billion in over 200 companies. For more information, please visit www.gtcr.com.