Reimagined Ventures is the Family Office of Alec Litowitz. We focus on finding the businesses and entrepreneurs who are upending the status quo and rethinking old ways to create something new. Jennifer has 1 job listed on their profile. Foothill Ranch, Calif.: After achieving temperatures greater than 75 million degrees Celsius and demonstrating unmatched real-time control of plasma with its state-of-the-art fusion research reactor, Norman, TAE Technologies today announced that it has secured strategic and institutional investments to fund the construction of its next research reactor, Copernicus. . Reimagined Ventures corporate office is located in 1001 Green Bay Rd 317, Winnetka, Illinois, 60093, United States and has 5 employees. The family office recently led a $6.5 million second round of investing in a West Loop-based company called Mobile Doorman, which sells a software application that lets apartment building owners offer residents mobile services. sproutencodeemailRot13; 2021 Reimagined Ventures LLC. 2020 Reimagined Ventures LLC.All Rights Reserved. We see immense opportunity and the potential for widespread positive change in six key areas. Reimagined Ventures invests in visionaries across a range of industries and asset classes. Specifically, Architectural Digest and Chicago Magazine Home . Now, individuals have the power and the freedom to interact directly with one another, at faster speeds and lower costs than ever before. While at MIT, Alec became the first All-American squash player in the schools history. Jack Litowitz is Head:Strategy at Reimagined Ventures LLC. He serves as Board member at BLK . After five years of experiments to optimize Normans capabilities, the machine has proven capable of sustaining stable plasma at more than 75 million degrees Celsius, 250% higher than its original goal. var sproutencodeemailRot13 = sproutencodeemailRot13String.replace(/[a-zA-Z]/g, function(c){return String.fromCharCode((c<="Z"?90:122)>=(c=c.charCodeAt(0)+13)?c:c-26);}); Jennifer Litowitz is a Head of Hospitality at Reimagined Ventures based in Winnetka, Illinois. He is the Founder and Managing Director of Reimagined Ventures. document.getElementById("sproutencodeemail-64038fb6ae78a9.17754588-1").innerHTML = We focus on finding the businesses and entrepreneurs who are upending the status quo and . We are in a period of major transition. Previous investors include Doug Hirsh, David Schwartz . Microsoft will get bigger. Jack received a BA degree from Middlebury C ollege. Edit Employee Profiles Section. causes and effects of wetland destruction. atv rentals springfield, mo. Bigger, Better Industry Innovation and Funding Conference on May 10Includes Lockheed Martin Ventures and A6K SAN DIEGO - 02 March 2023 - On May 10, 2023, General Atomics Aeronautical Systems, Inc. (GA-ASI) will host the latest iteration of its "Blue Magic Belgium" event. Litowitz is also the Founder and Chief Executive Officer of Magnetar Capital, a leading alternative asset management firm with over $14 billion of AUM. . Prior to founding the firm, he worked for Chicagos biggest hedge fund, Citadel. The companys pioneering work represents the fastest, most practical, and economically competitive solution to bring abundant clean energy to the grid. )Through successful training of Normans state-of-the-art control system, paired with proprietary power management technology and extensive optimization of our machine learning algorithms, we have achieved a scale of control at an unparalleled level of integrated complexity, said Binderbauer. Monica Byrd Chief Financial Officer. The caliber and interest of our investors validates our significant technical progress and supports our goal to begin commercialization of fusion by the end of this decade, said Michl Binderbauer, CEO of TAE Technologies. 130 E. Randolph St. The typical case for the fund is to invest in rounds with 6-7 participants. Click here to get the full experience on your screen. Angel, Fund of Funds, Venture Capital), General contact email for the organization, Reimagined Ventures is a Chicago-based family investment office, Family Investment Office, Venture Capital, Early Stage Venture, Late Stage Venture, Private Equity, Seed, Venture, Find More Contacts for Reimagined Ventures, RIVC, Reimagined, RIRE, RIH, RIPC, Reimagined Venture Capital, Reimagined Real Estate, Reimagined Hospitality, Reimagined Private Capital. TIFF Investment Management and Sumitomo Corporation of America are the most recent investors. Location. Suite 3200 11/21/2022 8:53 AM. document.getElementById("sproutencodeemail-64038fadda73f6.40343293-1").innerHTML = TAE Technologies (pronounced T-A-E) was founded in 1998 to develop commercial fusion power with the cleanest environmental profile. Get the complete investment team + individual email addresses for investment team partners. Few challenges are as complex as replicating the suns energy generation process. Number of Employee Profiles 5. Reimagined Ventures has positioned itself at the forefront of this new era of biotech, and invests in the innovations that will disrupt the $11.9 trillion global healthcare market. Reimagined Ventures is a Chicago-based family office which invests across a range of industries and asset classes, with a specific focus on private capital, real estate, and business operations. 8. Magnetar founder gives $10 million to Northwestern, Chicago lands $250 million from Zuckerberg and Chan for biotech research hub, Four ways to get Michael Jordan's mansion sold at last, Fritz Kaegi picks another assessment fight with Chicago landlords, Fertilizer giant slashes HQ space with move to Northbrook, A treasure trove of fine craft work in Wilmette, meticulously restored. TAEs fifth-generation reactor, Norman, was unveiled in 2017 and was designed to keep plasma stable at 30 million degrees Celsius. Evanston, Illinois, United States. Goldman Sachs served as the exclusive financial advisor in connection with the Series G-2 financing round. TIFF Investment Management Chief Investment Officer Jay Willoughby stated Opportunities to back extraordinarily talented teams who can change the world do not come around often. The fund is co-managed by Alec . Reimagined Ventures has invested in a variety of companies so far, including Los Angeles-based e-sports company Cloud9, Korean online retailer Coupang and Los Angeles-based medical device maker Neural Analytics, according to statements by the companies and TechCrunch. All Rights Reserved. TAE is committed to non-radioactive hydrogen-boron both for its abundance in excess of 100,000 years supply globally and because it is the cleanest, safest, most economical terrestrial fuel cycle for fusion, with no geopolitical concerns or proliferation risks. There is no recent news or activity for this profile. Global electricity demand is growing exponentially, and we have a moral obligation to do our utmost to develop a baseload power solution that is safe, carbon-free, and economically viable.. With global energy requirements expected to increase 50% by 2050 alone, and an increasingly dire climate crisis negatively impacting all aspects of our lives, humanity is at its most important inflection point yet. We believe that catalyzing these six areas of opportunity are three macro-trends currently underway which will fundamentally affect and alter every aspect of our lives going forward. Jennifer graduated Phi Beta Kappa from Northwestern University with a BA in English Literature in 1991 and earned a JD from Loyola University Chicago in 1994. var sproutencodeemailRot13String = "vasb@ervzntvarqiragherf.pbz"; Alec is also the Founder and Chief Executive Officer of Magnetar Capital, a leading alternative asset management firm with over $14 billion of AUM. Other Chicago investors in Mobile Doorman have included financier William Wolf of BW Capital Partners and real estate investment professional Maxwell Peek of Magnolia Capital. Read More . Alec graduated from MIT with a BS in mathematics and anthropology, and went on to receive a JD and MBA from the University of Chicago. Jack Litowitz is the Director of Strategic Investments at Reimagined Ventures. Limitless zero-carbon clean energy is no longer a pipe dream its a future within reach thanks to TAE Technologies incredible scientific advancements, said Jack Litowitz, Director of Strategic Investments at Reimagined Ventures. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Alec Litowitz JD General Information. See more. Currently, Jennifer is the Creative Director of Guildhall Restaurant, now entering its 10th year of operation in Glencoe, Illinois. Previously he led ProSiebenSat.1 Media's investment office in Israel, investing in companies like Dynamic Yield, Minute Media, Magisto, Magma and others. A spokeswoman for the family office said no one was available for further comment. We focus on finding the businesses and entrepreneurs who are upending the status quo and rethinking old ways to create something new. Reimagined Ventures. That transition originated from the appearance of new and powerful forms of energy, such as oil and coal. Reimagined Ventures, an investment arm of the Litowitz Family Office, is focused on providing growth capital to exceptional businesses that are driving change in their respective industries . This round of funding was led by Reimagined Ventures (RIVC). Litowitz founded Evanston-based Magnetar in 2005 and has built the firm into a hedge fund company that manages $12.6 billion for clients, though as recently as two years ago it had $14 billion under management. TAE Technologies has a post-money valuation in the range of $1B . SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. sproutencodeemailRot13; 2021 Reimagined Ventures LLC. He completed the Perskindol Swiss Epic, a six-day mountain bike stage race in September 2017, the La Ruta de los Conquistadores mountain bike race in 2014, and the Hawaii Ironman World Championship in 2004. var sproutencodeemailRot13String = "vasb@ervzntvarqiragherf.pbz"; Apple (NASDAQ: AAPL) is the single largest holdings in . Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Reimagined Ventures has 5 current employee profiles, including Chief Financial Officer Monica Byrd. Mr. Alec Litowitz is a Co-Founder and served as Chief Executive Officer, Chairman of the Management Committee, Co-Head of the Investment Committee and Head of Systematic Investing at Magnetar Capital. Alec Litowitz - Dare2tri Alec Litowitz Board Chair Emeritus. Related Hubs. The company has worked toward delivering cost-competitive, environmentally benign hydrogen-boron fusion since its founding in 1998. Director of Strategic Investments, Reimagined Ventures. Europe, Menlo Park, China), Where the person is located (e.g. Companies specializing in these areas will power the world towards a brighter, greener future, and Reimagined maintains itself at the forefront of this wave of progress. From hundreds of randomized mob and block variants, to dozens of animated blocks & items. Jennifer has overseen the development of several private properties selected for magazine publication. . We constantly seek out world-altering opportunities in the green energy transition and sustainability spaces and invest in industry-leading projects that work to make the world a better place each and every day. Head of Hospitality at Reimagined Ventures Greater . Applications like digital content providers offer consumers services personalized to their needs on-demand and in any location. You might think you missed the boat on Microsoft's stock, given that the stock is up nearly 800% over the past decade and the company has been valued at over $2 trillion . With a collaboration that began in 2014, Googles investment follows the success of the jointly developed Optometrist Algorithm, which deploys Googles machine learning to optimize the operation of TAEs research reactors, substantially advancing the rate of progress and ultimate performance achieved. Apple. | Reimagined Ventures invests in visionaries across a range of industries and asset classes. Jack also has past experience at both Blackstone as a part of their special situations investment group (BSOF), and Magnetar Capital as a part of their event-driven and M&A group. Despite the G2VP, startups are often financed by Index Ventures, DCM Ventures, Signia . TAE is based in California, and maintains international offices in the UK and Switzerland. As the pace of the world continues to accelerate, Reimagined Ventures is poised to be a part of rethinkingand rewritingwhats possible, now and into the future. is joe mcbryan still flying; reimagined ventures litowitz; how much do play school presenters get paid. People no longer need to interact with a centralized middle man in countless industries, which historically contributed to increased frictional costs that ultimately are borne by the consumer. He serves as Chairman of the firm's Management Committee and co-heads the Investment . Get Jack Litowitz's email: ja****z@gmail.com, phone, and more At Reimagined Ventures, we are convinced this rate of innovation and creative disruption is only set to accelerate further. About us. Since our inception in 2018, Remagine has been positioned as one of the leading early stage venture firms investing at the intersection of tech, entertainment, gaming and the metaverse. The pace and scope of biotech and genetics development has been nothing short of a miracle over the past 20 years, and we are only just now beginning to apply these revolutionary breakthroughs in powerful new ways, positively impacting billions of lives in the process. Another Magnetar Capital executive who has played a role in the family offices venture investing is Ted Koutouzis, who has sometimes taken board seats on the startups in the past. He started Reimagined Ventures in 2015 with the goal of developing a robust team of highly experienced and intelligent individuals who shared in his desire to seek out and invest in visionary enterprises that are solving complex problems with reimagined and creative solutions. Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, and TIFF Investment Management are among the company's most recent investors, along with a large U.S. West coast based mutual fund manager and a big U.S. pension fund. Chicago-based Reimagined Ventures, an investment arm of the Alec Litowitz family Office, made the investment joining previous investors Doug Hirsh, David Schwartz, Max Peek, KGC Capital, Terry . Contact Name Jennifer Litowitz; Contact Info Email Direct ; Job Title Head of Hospitality ; Location . Over the past few decades, the world has experienced a period of unrivaled technological progress and unimaginable growth. The usual cause for the fund is to invest in rounds with 4-5 partakers. reimaginedventures.com. Mobile Doorman plans to use the new money for further growth, it said in a statement today. We look forward to being a partner in bringing TAEs clean energy solutions to the APAC market, which will be paramount to sustaining local economies without impacting our planet, said Sandro Hasegawa, General Manager, Energy Innovation Initiative Americas at SCOA. Alec Litowitz is the Founder and Managing Director of Reimagined Ventures. #317 Following scientific milestones with current fusion reactor, Norman, TAE receives investments from long-term partner Google, as well as Chevron, Sumitomo Corporation of Americas, and others to fund the construction of the companys sixth-generation research reactor that will demonstrate the viability of net energy from TAEs approach. TAE Technologies is funded by 17 investors. Active, Closed, Alternate or previous names for the organization, This describes the type of investor this organization is (e.g. reimagined ventures. Magnetar Capital founder and CEO Alec Litowitz made his name running the second-biggest hedge fund in the Chicago area, but his family office venturearm, Reimagined Ventures, has also built a sizable portfolio in recent years. Jack graduated cum laude from Middlebury College with a BA in economics and philosophy. Last Update 9/30/2022 ; Contact. Winnetka, IL 60093. Reimagined Ventures also joined this round as part of its mission to invest in visionaries who are solving some of societys biggest challenges. View Jennifer Litowitz's profile on LinkedIn, the world's largest professional community. Director Of Strategic Investments. TAEs safe, non-radioactive approach avoids carbon and particulate emissions, mitigating any impact on the environment or climate change. To even the small things such as consistent color palettes, pixel consistency, loads . United States, Illinois, Winnetka. Monica Byrd Head of . San Francisco Bay Area, Silicon Valley), This describes the type of investor the person is (e.g. All Rights Reserved. We focus on finding the businesses and entrepreneurs who are upending the status quo and rethinking old ways to create something new. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. var sproutencodeemailRot13String = "vasb@ervzntvarqiragherf.pbz"; All the while, these primarily carbon-based energy sources that were once considered revolutionary have now come to jeopardize the very societies they helped build through destructive and dangerous climate change. Since his days playing for MIT, Alec has developed a passion for endurance and adventure races including triathlons and off-road mountain bike competitions. CEO Bob Matteson founded Mobile Doorman in Chicago in 2014. disrupt the $11.9 trillion global healthcare market, global energy requirements expected to increase 50% by 2050 alone. Jack Litowitz Director of Strategic Investments at Reimagined Ventures Published Jun 10, 2022 + Follow Last week, I had the distinguished privilege to address my . Were proud to invest in Michl and his team as we believe theyre best positioned to forever alter the energy grid and democratize access to renewable fusion-based power for all.. Jack Litowitz joined Reimagined Ventures as an Advisor in 2016, and in 2021 became the Director of Strategic Investments. Head of Strategic Investments. This investment follows TAEs landmark public-private partnership with Japans National Institute for Fusion Science (NIFS). Reimagined Ventures is a Chicago-based family office which invests across a range of industries and asset classes, with a specific focus on private capital, real estate, and business operations. Jennifer Litowitz joined Reimagined Ventures at its inception and has since headed the operational management of Reimagined Hospitality. In addition, the companies have developed breakthrough capabilities in holistically post-processing and integrating a large set of independent diagnostic measurements to produce high fidelity insights into experimental data at record-breaking scale. In 2016 was created G2VP, which is appeared as VC. . 2020 Reimagined Ventures LLC.All Rights Reserved. The statement said Kansupada focuses on private-equity investments for the family office. Existing investors also contributed to this round. sproutencodeemailRot13; 2021 Reimagined Ventures LLC. We focus on finding the businesses and entrepreneurs who are upending the status quo and rethinking old ways to create something new. The main department of described VC is located in the Menlo Park. Reimagined Ventures, which is the biggest outside investor in Mobile Doorman, also led a $2 million investment in the startup last year. Jan 20, 1970. Meanwhile, venture funds can sometimes provide relatively high returns, but an investor is taking on more risk by putting money into businesses that are often not profitable, though presumably they will be in the future. View contacts for Reimagined Ventures to access new leads and connect with decision-makers. Chevron invested in TAE through its Technology Ventures unit, dedicated to energy innovation. var sproutencodeemailRot13 = sproutencodeemailRot13String.replace(/[a-zA-Z]/g, function(c){return String.fromCharCode((c<="Z"?90:122)>=(c=c.charCodeAt(0)+13)?c:c-26);}); Get the best business coverage in Chicago, from breaking news to razor-sharp analysis, in print and online. The round also included hedge fund founder Alec Litowitz's private capital group Reimagined Ventures as well as Topgolf Media president and World Golf Tour game founder YuChiang Cheng. Multidisciplinary and mission-driven by nature, TAE is leveraging proprietary science and engineering to create a bright future. Share. View Jack Litowitz's business profile as Director of Strategic Investments at Reimagined Ventures. Reimagined has offices in Los Angeles and Chicago. Despite the Reimagined Ventures, startups are often financed by Wavemaker Partners . Number of Current Jobs 1. The startup announced Tuesday that it raised $6.5 million in a round led by Reimagined Ventures, the Chicago-based investment arm of the Litowitz Family Office. . 1. Jennifer is a member of the Northwestern University Board of Trustees as well as the Weinberg College Board of Visitors. Last year, the average hedge fund had a negative return of 4.75 percent, according to Hedge Fund Research. "We're targeted on ways we can continue improving upon that connection and, through that, unlocking new revenue streams for our partners using their custom apartment apps.". Reimagined Ventures has positioned itself at the forefront of this new era of biotech, and invests in the innovations that will disrupt the $11.9 trillion global healthcare market. RIVC is the investment arm of the Litowitz Family Office (established by Alec Litowitz of Magnetar Capital which is the second-largest hedge fund in the Chicago area). document.getElementById("sproutencodeemail-64038fad5ebe95.18413380-1").innerHTML = Less than a century later, during the height of the global Covid-19 pandemic, the worlds biotech and genetic innovators developed an effective vaccine from scratch in under nine months. Reimagined Ventures Director of Strategic Investments 2021. $200M: Jobs. Hub Name 2020 Reimagined Ventures LLC.All Rights Reserved. Their latest funding was raised on Jul 19, 2022 from a Series G round. Reimagined Ventures invests in companies across a range of industries and asset classes. Humanity suffered for thousands of years at the hands of preventable diseases before Penicillin was discoveredby accidentin 1928. By leveraging this new explosion of technology, all sectors from microbial research to space exploration have started to fundamentally reshape the way the world works and unlock new ways of solving some of the worlds most complex problems. TAEs Copernicus reactor, which will be constructed in a 100,000-square-foot facility in Irvine, Calif., is designed to demonstrate the viability of achieving net energy generation with TAEs advanced beam-driven field-reversed configuration (FRC) the penultimate step on TAEs path to commercialize clean fusion power. The companys revolutionary technologies have produced a robust portfolio of commercial innovations in large adjacent markets such as power management, energy storage, electric mobility, fast charging, life sciences, and more. Musk Made a Mess at Twitter. 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