What does Madison Dearborn Partners invest in?
Madison Dearborn Partners invests most often at Venture and Growth (67% of the rounds on record), in sectors such as Financial Services, Healthcare and Technology.

United States · Investor
Filed with the SEC to raise a fund in Sep 2026, closing $1,604M. Last cheque observed May 2015.
Private equityQuietNew fund $1.6B, Sept 2026
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12 rounds on record
Mostly Venture and Growth: 67% of its rounds
Sole investor in 3 rounds, median $100M
6 exits from the portfolio
MDP is a leading private equity investment firm based in Chicago that, since its formation in 1992, has raised aggregate capital of approximately $36 billion and has completed over 160 investments.From their own website
Every round we can evidence, newest first12 appearances
2 rounds
1 round
1 round
1 round
1 round
2 rounds
4 rounds
An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.
Named by the firm itself, on a filing, its Form ADV or its company registration24 named
We also hold 74 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.
From the firm's own filings with the SEC, which it must file accurately by law
Funds on its Form ADV
42 private funds, $19B in gross assets · filed Mar 2024
And 32 more on the filing.
Who backs their funds
The institutions that put money into its funds, which the firm then invests in companies.Source: the pension's own report, latest Jun 2026.
| Fund | Vintage | Committed |
|---|---|---|
| Madison Dearborn Capital Partners VIII | 2020 | $250M |
| Madison Dearborn Capital Partners VI | 2008 | $150M |
| Madison Dearborn Capital Partners V | 2006 | $175M |
| Madison Dearborn Capital Partners IV | 2000 | $300M |
| Madison Dearborn Capital Partners III | 1999 | $110M |
| Fund | Vintage | Committed |
|---|---|---|
| Madison Dearborn Capital Partners VIII-A | 2019 | $100M |
| Madison Dearborn Capital Partners VII | 2015 | $100M |
| Fund | Vintage | Committed |
|---|---|---|
| Madison Dearborn Capital VII-A/B | 2015 | $200M |
Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.
Companies it backed that were later bought or listed6 in all
An exit counts when it came after the firm's first round in the company. From historical deal records.
Acquisitions by the firm itself
The investors most often in the same rounds as Madison Dearborn Partners. A count of rooms they were both in, not a relationship either has claimed.
Episodes that name Madison Dearborn Partners in their description, not their title.

AI Optimized (for Growth Investors): 2026 Jackson Hole Forum

Top Woman Growth Investor & Leader: Madison Dearborn’s Elizabeth Betten
WithElizabeth Betten
MentionsMadison Dearborn Partners

20 VC 067: Scaling Startups Into Unicorns with Atomico's Mattias Ljungman and Carolina Brochado
WithMattias Ljungman
Madison Dearborn Partners invests most often at Venture and Growth (67% of the rounds on record), in sectors such as Financial Services, Healthcare and Technology.
12 investments on record, 0 of them in the last 12 months. The most recent was in May 2015.
The median round it joins is $73M.
Rarely, if at all: none of its 12 investments on record names it as the lead.
Most of the companies it backs are in the United States (73%) and Canada (27%).
No investments in the last 12 months; the latest was in May 2015.
Most often Goldman Sachs (2 rounds together).
Madison Dearborn Partners is a private equity firm based in Chicago, United States.
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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it