There are reports on social media that Brian McCormack of Chicago, Illinois, has passed away. The news was first shared online by local news outlet on social media.
What Happened?
The sources who had reported this claims did not release any statement regarding the cause of the death. The McCormack family and friends are also yet to confirmed the news of news of Brian’s passing.
Who is Brian McCormack?
Brian McCormack had been drawn to the world of entrepreneurship since he graduated from the University of Illinois Urbana/Champaign in 1990. He became one of the top investors in Illinois startups in a wide range of industries. As the founder and manager of McCormack Capital, LLC, a renowned investment firm that he fully funds and presently manages $420,000,000, McCormack broadened his investment portfolio.
The company was an early investment in Echo Global Logistics (NASDAQ: ECHO), which was founded in 2005 with the goal of streamlining transportation management by matching companies that must move goods with insured carriers for all of the main modes of transportation. Additionally, Light Bank, a startup incubator that specializes in seeding venture capital investments in “disruptive” technology firms in the United States, was supported early on by McCormack Capital.
