| Rank | PE Firm | Location | AUM ($ Billions) |
|---|---|---|---|
| 1 | Thoma Bravo | Chicago, IL | $137B |
| 2 | BDT Capital Partners | Chicago, IL | $69.7B |
| 3 | Adams Street Partners | Chicago, IL | $49.6B |
| 4 | GTCR | Chicago, IL | $39.9B |
| 5 | 50 South Capital Advisors | Chicago, IL | $20.2B |
| 6 | Madison Dearborn Partners | Chicago, IL | $19.3B |
| 7 | Valor Equity Partners | Chicago, IL | $18.1B |
| 8 | Partners Enterprise Capital | Chicago, IL | $14.5B |
| 9 | Evergreen Investment Advisors | Chicago, IL | $10.6B |
| 10 | Vistria Group | Chicago, IL | $9.6B |