FMG Capital
Family officeChicago · 7 people tracked
Investment thesis
First Midwest Group is a commercial and residential real estate development and property management company established in 1984 that operates across Illinois and Wisconsin.
Source: firm website, verified Aug 6, 2026.
Team · 7 people
from the firm's website & public directoriesWhat they invest in
from 12 of 23 portfolio companiesConsumer ×7Healthtech ×3PropTech ×3Biotech ×2Advanced Manufacturing ×1AI & Machine Learning ×1Climate Tech ×1Deep Tech ×1
HQs:United States×10
Investments · 23 tracked
founders shown can be your intro pathAdaptive Biotechnologies applies the genetics of the adaptive immune system to diagnostics and therapeutics, translating immune-system data into clinical insights for clinicians and biopharma companies.
AI & Machine LearningBiotechDigital HealthHealthtechMedical DevicesSeattle, US
Chad Robins(Executive Officer, Director)Harlan Robins(Executive Officer)Kathleen Determann(Executive Officer)Dean Schorno(Executive Officer)Chris Carlson(Executive Officer)
BoardArnold Levine(Director)
Co-investorsDecheng CapitalForesite CapitalKhosla VenturesOrbiMed
Boxed Up Self Storage is a locally owned self storage provider in Northern Illinois offering contactless 24/7 rentals of climate-controlled units, drive-up units, and vehicle, boat, and RV parking.
ConsumerPropTech
Molecular diagnostics company offering clinical PCR systems using automation and microfluidics; acquired by QIAGEN in September 2020.
BiotechHealthtechAlbuquerque, US
Thomas Duensing(Executive Officer)Dennis Hynson(Executive Officer)Janette Phi(Executive Officer)R. Terry Dunlay(Executive Officer, Director)Sundaresh Brahmasandra(Executive Officer)Jeffrey Williams(Executive Officer, Director)
Co-investors1315 Capital1s1 EnergyABAN.VCAdBio partnersAdjuvoAgile Capital+118 more
Cresco Labs cultivates, manufactures, and distributes cannabis products sold wholesale under its own brands and through its retail locations across the United States, serving both recreational consumers and medical patients.
Advanced ManufacturingConsumerHealthtech
Co-investorsMerida Capital Holdings
DSG Consumer Partners is an early-stage venture capital firm that backs and helps build consumer brands in India and Southeast Asia.
Consumer
Elev8 is a venture capital firm that invests in and partners with early-stage startups in next-generation computing, green materials and climate, smart mobility, and medical technology.
Climate TechDeep TechMobility & Transportation
Forest City Pub is a casual pub and bar in Rockford serving food and drinks to Radisson Hotel guests and local patrons.
ConsumerRockford, US
GoldenGate is an early-stage venture capital firm that has invested in founders since 2011, with a portfolio spanning companies across Southeast Asia.
Grubb Properties is a private equity real estate firm focused on essential and moderate-income housing, operating a vertically integrated platform that acquires, develops, operates, and manages multifamily and commercial properties, including its Link Apartments brand.
PropTechCharlotte, US
Pabrai Investment Funds is a private investment fund.
West Lake Hills, US
Mohnish Pabrai(Managing Partner)
Rockford Radisson is a hotel and event venue offering spaces for weddings, quinceañeras, corporate events, and other gatherings, along with hotel room bookings.
ConsumerRockford
Rockford Business Center provides private offices and cubicle workspaces with shared conference rooms, a kitchen, WiFi, phone, utilities, and 24/7 building access for small businesses and startups.
PropTechRockford, US
Siena on Brendenwood is an independent living community for seniors in Rockford, Illinois, operating for over 30 years.
ConsumerWellness & FitnessRockford, US
Volcano Falls is a family adventure park offering two miniature golf courses, go-kart tracks, laser tag, a laser maze, batting cages, and arcade games.
ConsumerRockford, US
Exits · 1
IPOs and acquisitions across the tracked portfolioAdaptive BiotechnologiesNASDAQ: ADPT
Portfolio news
latest coverage across their companiesCardioMEMS · finance.yahoo.com · Mar 3, 2026
Frequently asked questions
- How many investments has FMG Capital made?
- FMG Capital has 23 tracked investments.
- What sectors does FMG Capital focus on?
- FMG Capital focuses on PropTech, Sector Agnostic.
- Where is FMG Capital located?
- FMG Capital is headquartered in Chicago, US.
- Who does FMG Capital co-invest with?
- FMG Capital most often shares deals with Decheng Capital, Foresite Capital, Khosla Ventures, among 4 tracked co-investors.
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