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St Paul, Minnesota, United States
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John Bergstrom shared thisWith note that this is National Library Week, sharing my childhood view across Carter Avenue of the St. Anthony Park Branch of the St. Paul Public Library. The building was made possible over 100 years ago by the Carnegie family who helped finance public libraries throughout the world and bring information and communication through the concept of public libraries open to everyone and located even in far flung places such as the Midwest USA.
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John Bergstrom shared thisOur portfolio company Proven Air Technologies is pleased to announce that Chris Kubinski has joined as our CEO. We are excited about the leadership and vision he will bring to the team. Join me in welcoming Chris! For more details, please see the press release linked below. https://lnkd.in/gcGdbrkWProvenAir Technologies Names Chris Kubinski as Chief Executive OfficerProvenAir Technologies Names Chris Kubinski as Chief Executive Officer
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John Bergstrom shared thisWe are pleased to announce our investment in Ambient Clinical Analytics by Mairs & Power Venture Capital as well as the appointment of Brian Tufts as CEO. Ambient, based in Rochester, MN, was founded on technology developed at the Mayo Clinic. For more details, visit: https://lnkd.in/gvuePxbXAmbient Clinical Analytics Secures $5M Strategic Investment and Appoints Brian Tufts as CEO to Accelerate GrowthAmbient Clinical Analytics Secures $5M Strategic Investment and Appoints Brian Tufts as CEO to Accelerate Growth
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John Bergstrom shared thisMayo Clinic has been recognized once again as the world’s best hospital. This achievement is a testament to the hard work and commitment of the dedicated individuals in Rochester and beyond. Their efforts not only contribute to this prestigious recognition but also shine a bright light on our state. Congratulations to everyone involved.Eight years running: Newsweek names Mayo Clinic 'World's Best Hospital' - Mayo Clinic News NetworkEight years running: Newsweek names Mayo Clinic 'World's Best Hospital' - Mayo Clinic News Network
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John Bergstrom shared thisExcited to share the news that our portfolio company eDiscovery AI completed its acquisition by HaystackID.HaystackID Acquires eDiscovery AI to Accelerate Client-Driven GenAI Workflows | eDiscovery AIHaystackID Acquires eDiscovery AI to Accelerate Client-Driven GenAI Workflows | eDiscovery AI
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John Bergstrom shared thisPleased to share that our most recent portfolio company investment is in Noise, Inc. https://getnoise.com/
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John Bergstrom shared thisView my verified achievement from NACD - National Association of Corporate Directors.NACD Directorship Certification® was issued by NACD - National Association of Corporate Directors to John C. Bergstrom.NACD Directorship Certification® was issued by NACD - National Association of Corporate Directors to John C. Bergstrom.
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John Bergstrom posted thisTonight those of us in the Great Lakes region observe with sadness the anniversary of the shipwreck on Lake Superior which occurred exactly 50 years ago on November 10, 1975 when the Edmund Fitzgerald went down with loss of its entire crew. The good news in this story is that thanks to advances in technology including GPS, radar, and communications, we have not had a similar wreck and loss of life in a half century on the Great Lakes. Those of us in the business of supporting entrepreneurs who push forward technology and innovation find great encouragement in this kind of evidence of progress.
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John Bergstrom shared thisSad news of the death or our portfolio company ProvenAir CEO Jim Boccarossa. He was a founder, a father, a friend, and a force for good in the world Many of us will gather Friday in Chicago for his memorial service. See his obituary for his story.John Bergstrom shared thisFounder's Tribute It is with profound sadness that we share the unexpected and sudden passing of our beloved CEO, colleague, and friend, Jim Boccarossa. Jim was a visionary leader whose belief in technology, teamwork, and purpose shaped every aspect of ProvenAir. He built more than a product, he built a movement toward greater transparency, trust, and progress within the aviation industry. His dedication to innovation and integrity set the standard for how we work and why we do what we do. Jim led with heart. He inspired those around him to think bigger, care deeper, and always choose to “do the right thing”. Under his leadership, ProvenAir grew into a company grounded in collaboration and driven by the belief that we could make the industry better together. Beyond his professional accomplishments, Jim was an exceptionally devoted husband and father, and a true friend to all who knew him. His presence filled every room with warmth, humor, and an unwavering optimism. Our hearts are with his wife Stephanie, their three boys—James, Jack, and Joseph—and his entire family. Jim’s vision, compassion, and spirit will forever remain at the heart of ProvenAir Technologies.
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John Bergstrom liked thisNot many investment managers can say their origin story starts in the Corn Capital of the World — but here we are. In fact, my colleagues used to call me the "corn capitalist," which I think is fair! Not many investment managers can say their origin story starts there, but what Olivia gave me wasn't exposure to markets — it was something harder to teach: integrity, grit, and the belief that you build trust over time and protect it fiercely. What I didn't expect was how much growing up in that close-knit community would quietly shape everything about how I lead and invest today. Sometimes the most unexpected paths lead exactly where they're supposed to. Thank you to Collaborative WIM and Nancy (Taylor) Vailakis for a conversation that felt real. These are the ones that matter.John Bergstrom liked thisIf you missed last month’s Collaborative WIM webinar with Marcia Page, the replay is now available. In this candid conversation, Marcia shares the personal story behind her career, starting far from Wall Street. She grew up in Olivia, Minnesota, a small town proud of its identity as the “Corn Capital of the World,” with very little exposure to financial services. Her father owned the local drugstore, and Marcia assumed she would become a pharmacist, return home, and eventually join the family business. That path shifted quickly. A freshman-year struggle with organic chemistry led her to pivot, and a math of finance course sparked a fascination with how financial principles show up in everyday decision‑making, not just in markets. That curiosity set her on a new trajectory toward economics and finance. Marcia also reflects on how her upbringing shaped her approach to leadership. Growing up in a close‑knit community, she learned early the value of responsibility, integrity, and building trust over time. Working alongside her father showed her what it means to build something from the ground up, while her mother’s willingness to challenge the status quo reinforced the importance of confidence, thoughtful risk‑taking, and leading with conviction. Those early lessons continue to inform how Marcia leads, invests, and seeks to shape the next generation of investment managers via MPowered’s seeding strategy. Thank you to Collaborative WIM and Nancy (Taylor) Vailakis for hosting such a thoughtful conversation. 🎥 Watch the full replay here: https://lnkd.in/gtfQRwTz #Leadership #Investing #CareerGrowth #WomenInInvesting #EmergingManagers #MPoweredCapital #CWIM
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John Bergstrom liked thisJohn Bergstrom liked thisIf you missed last month’s Collaborative WIM webinar with Marcia Page, the replay is now available. In this candid conversation, Marcia shares the personal story behind her career, starting far from Wall Street. She grew up in Olivia, Minnesota, a small town proud of its identity as the “Corn Capital of the World,” with very little exposure to financial services. Her father owned the local drugstore, and Marcia assumed she would become a pharmacist, return home, and eventually join the family business. That path shifted quickly. A freshman-year struggle with organic chemistry led her to pivot, and a math of finance course sparked a fascination with how financial principles show up in everyday decision‑making, not just in markets. That curiosity set her on a new trajectory toward economics and finance. Marcia also reflects on how her upbringing shaped her approach to leadership. Growing up in a close‑knit community, she learned early the value of responsibility, integrity, and building trust over time. Working alongside her father showed her what it means to build something from the ground up, while her mother’s willingness to challenge the status quo reinforced the importance of confidence, thoughtful risk‑taking, and leading with conviction. Those early lessons continue to inform how Marcia leads, invests, and seeks to shape the next generation of investment managers via MPowered’s seeding strategy. Thank you to Collaborative WIM and Nancy (Taylor) Vailakis for hosting such a thoughtful conversation. 🎥 Watch the full replay here: https://lnkd.in/gtfQRwTz #Leadership #Investing #CareerGrowth #WomenInInvesting #EmergingManagers #MPoweredCapital #CWIM
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John Bergstrom liked thisJohn Bergstrom liked thisLibraries are a critical part of a free democracy, providing access to knowledge and information, so we celebrate them during National Library Week, April 19-25. I've loved libraries since I was a kid, and my first one was the St. Anthony Park Library in St. Paul pictured here. Without libraries, my recent biography of Helen Hoover would not have been possible – my local Hennepin County Library branch was how I got source material, whether from their holdings or from around the state through inter-library loans. Academic libraries like the Kathryn A. Martin Library at the University of Minnesota Duluth that hold special collections were also critical to my research. If you haven’t been to a library recently, go visit one – they are welcoming places that are doing a lot more than you may remember from the last time you were there. Best of all, they are free.
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John Bergstrom liked thisJohn Bergstrom liked thisIn the past 24 hours, more people in America signed up to become creators on Noise than shoppers on Instacart 😳 Instacart's market cap is ~$10B. Ours... is not... yet 😅🤣 So how is it that the small guys can compete head to head with the big guys? Easy: distributed organic marketing! Our only marketing channel is our own growing army of social media creators - and you can get access to it for your brand right now. Whether you're a bootstrapped founder getting started or literally Instacart itself... if you're not working with a small army of nano creators yet, you're missing out. Let us help - hit me up! 😊🙌
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John Bergstrom liked thisThis is going to be a terrific event in Duluth on 5/14. I know several of the speakers and these are interesting and insightful people. Might be worth a visit to Duluth if you're not up there. If you're in the area, I hope to see some old friends!John Bergstrom liked this🎤✨ Speaker Drop: Disrupt Duluth 2.0 ✨🎤 Some people talk about startups. Others build them… scale them… and then do it again. We’re excited to welcome Scott Burns to the Disrupt Duluth 2.0 stage! Scott is a General Partner at Mairs & Power Venture Capital, where he helps lead over $65M in investments across high-growth, expertise-led companies in the Upper Midwest. But here’s the part that makes this really interesting… Before investing in bold ideas—Scott was the bold idea. He’s spent nearly 25 years building venture-stage companies, including founding GovDelivery, one of the first companies to move governments into the cloud (eventually acquired for $153M), and Structural, an employee connectivity platform that was acquired in 2022. He’s also been an active investor, advisor, and champion of entrepreneurs for over a decade—basically, if you’re building something interesting in this region, there’s a good chance Scott’s been part of the story. Oh—and he started at McKinsey, went to Dartmouth, serves on boards like the Star Tribune, and was appointed by Governor Tim Walz to the Council for Economic Expansion… so yeah, he’s seen a few things. Born in Duluth, now based in the Twin Cities—bringing a Northland connection with a front-row seat to innovation. This one? It’s going to be packed with real insight. 📅 May 14, 2026 📍 Zeitgeist Teatro Zuccone 🎟️ Grab your ticket before this sells out: 👉 https://lnkd.in/gfCeSRZn More bold voices coming soon… stay tuned. #DisruptDuluth #Startups #VentureCapital #BoldIdeas #SpeakerDrop
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Christian Streu
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The Partner Companies has closed a $200+ million syndicated credit facility led by Huntington National Bank. This financing strengthens our foundation as we enter a new five-year growth journey, investing in advanced manufacturing capabilities to meet demand in critical industries both domestically and internationally. https://lnkd.in/gPEtxGEe #TPC #Growth #Capital #Financing #Manufacturing
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Private Equity Perspectives
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Bregal Investments Appoints Neil Syers as Chief Financial Officer. Mr. Syers brings over two decades of senior financial leadership experience in the industry, most recently serving as CFO at Hayfin Capital Management LLP Capital Management. As a founding partner of Hayfin, he helped scale the firm into a €30 billion alternative investment platform, building its finance, operations, and infrastructure from the ground up. “We are thrilled to welcome Neil to Bregal,” said Lawrence D. Brenninkmeyer, Deputy Chairman at Bregal Investments. “His deep expertise in scaling investment platforms, managing global finance organizations, and navigating complex regulatory environments will be instrumental as we position Bregal for long-term growth and we believe that Neil will bring both strategic perspective and operational excellence to our leadership team.” Commenting on his appointment, Mr. Syers added, “Bregal has built a highly respected global investment platform with a strong values-based culture and long-term orientation. I’m excited to join the firm at this pivotal time and contribute to its next phase of evolution.” Read more: https://lnkd.in/d4FnThpc #privateequity #investments #announcement #privateequityperspectives
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Sequence
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Fractional CFO Advisor Series | Building investor-grade finance from day one with Stratix Advisory. The best finance functions anticipate investor questions before they're asked. The worst ones scramble to pull together answers during diligence - burning leadership bandwidth when it matters most and signaling to investors that management doesn't command the business. Brian Coburn and Syed Ahsan spent years running diligence on the other side of the table. Now at Stratix Advisory, they build finance operations the way investors evaluate them. They start with the investor thesis first, not what the company wants to say. With this shift, companies enter fundraising holding answers instead of discovering gaps under pressure. We covered why Series B to C transitions break so many finance functions, how real-time tooling eliminates version control chaos, and the difference between a VP of Finance who executes vs a CFO who owns outcomes. Full conversation in the comments 👇
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John Baracy
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Please review the case study below of a recent successful $31,309,304.20 Sole Managed GO Bond Anticipation Note (BAN) underwriting for the Oxnard School District. Baird Fixed Income Capital Markets Bryan Derdenger Alexander Boutyrski #municipalbonds #k12schools #ACSA #CAAASA #CALSA #CASBO #CSBA #CSEA #CASH #SSDA #leadership #schools #bairdpublicfinance #thebondbuyer #k12education #investmentbanking #californiaconstruction #california #education #retail #finance #financeandeconomy #schoolimprovement #schooladministrators
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FP Transitions
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📈 Succession planning isn't your exit plan. It's your growth engine. Often misunderstood as a path out, succession planning is actually a framework for building in. As Eric Leeper, CFA, CFO, and Principal of FP Transitions shares in this conversation with Rick Kent and Kay Lynn Mayhue, CFP®, AEP®, RFC®, it's your strategy for unlocking sustainable growth and uniting your team around a shared vision. Internal succession, done right, fuels growth, empowers rising leaders, and preserves client continuity for decades to come. 🎥 Watch the full conversation at https://lnkd.in/gky8S4in Merit Financial Advisors Suzanne Siracuse #successionplanning
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Verum Partners
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Serving on a board of directors is a remarkable professional milestone and one that also brings financial complexity that often goes overlooked. Walker Shelton, CFP®, offers a practical playbook for aligning board compensation with your long-term goals: • Structuring cash and equity compensation • Managing self-employment tax considerations and deductible expenses • Exploring retirement plan strategies like SEP IRAs, Solo 401(k)s, and defined benefit plans • Addressing insurance, risk, concentration risk, and estate-planning implications This article is a must-read for board members or those considering a board seat. Contact us at the link below if you'd like to learn more. https://lnkd.in/eGNN4B3j #VerumPartners #BoardofDirectors #FinancialPlanning #WealthManagement
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Generation Transition Advisors
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While the average CEO tenure is just 6 years, family business leaders often remain at the helm for 20 years and counting. However, this long-term vision is a double-edged sword. Extended leadership can breed inertia, making it difficult to adapt to shifts in technology and modern organizational structures. This piece on “Avoiding Traps That Can Destroy Family Businesses” by George Stalk, Jr. and Henry Foley, suggests 3 common traps that jeopardize even the strongest legacies: 1. There’s always a place for you here 🚪 When joining the firm is treated as an unconditional option or a forced obligation, this can result in complacency, disinterested leadership, or misalignment between the skills of the individual and the needs of the role. ✅ The Fix: Establish merit-based entry requirements. Make formal education and outside work experience mandatory prerequisites. Having a formal entry process ensures that the next generation brings fresh perspectives and value to the table. 2. The business can grow fast to support everyone 🌳 Family growth often outpaces business growth. A founder’s lineage can expand to dozens by the third generation. If the business doesn't scale at the same rate, forcing family members into the firm overburdens finances and creates operational inefficiencies. ✅ The Fix: Business growth strategies must be made in time to create new responsibilities for family members joining the business. This will not only provide additional revenues to support the increasing number of family employees but also give them the charge of distinct and meaningful areas of operations. 3. Family members remain in silos according to bloodline 🧬 Next generation members often stay under their parents’ wings, specializing only in their parents’ departments. This creates a leadership vacuum, as they lack the cross-functional experience and objective feedback necessary to lead the entire enterprise. ✅ The Fix: Break the silos with non-family mentors. Experienced mentors may be brought in to groom the next generation and give them diverse knowledge about various aspects of the business. #FamilyBusiness #Leadership #SuccessionPlanning #BusinessStrategy #Entrepreneurship Read the full piece here: https://lnkd.in/eHHEz8Bi
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Aura Advisors
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James Sinclair
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William P. Watkins
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Henry D. Wolfe
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Vector AIS
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