-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 LrF4DbwHx6C3BTLbQj5xUQ==

<SEC-DOCUMENT>0001209191-08-037101.txt : 20080613
<SEC-HEADER>0001209191-08-037101.hdr.sgml : 20080613
<ACCEPTANCE-DATETIME>20080613171212
ACCESSION NUMBER:		0001209191-08-037101
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080611
FILED AS OF DATE:		20080613
DATE AS OF CHANGE:		20080613

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRIVATEBANCORP, INC
		CENTRAL INDEX KEY:			0000889936
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				363681151
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		70 WEST MADISON, SUITE 200
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602
		BUSINESS PHONE:		3126837100

	MAIL ADDRESS:	
		STREET 1:		70 WEST MADISON, SUITE 200
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60602

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PRIVATEBANCORP INC
		DATE OF NAME CHANGE:	19990408

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GTCR GOLDER RAUNER II LLC
		CENTRAL INDEX KEY:			0001262953

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34066
		FILM NUMBER:		08898856

	BUSINESS ADDRESS:	
		STREET 1:		GTCR GOLDER RAUNER LLC
		STREET 2:		SUITE 6100, SEARS TOWER
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GTCR Partners IX, L.P.
		CENTRAL INDEX KEY:			0001421266

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34066
		FILM NUMBER:		08898857

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		(312) 382-2200

	MAIL ADDRESS:	
		STREET 1:		6100 SEARS TOWER
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GTCR FUND IX/A L P
		CENTRAL INDEX KEY:			0001358713

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34066
		FILM NUMBER:		08898858

	BUSINESS ADDRESS:	
		STREET 1:		6100 SEARS TOWER
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
		BUSINESS PHONE:		312-382-2200

	MAIL ADDRESS:	
		STREET 1:		6100 SEARS TOWER
		CITY:			CHICAGO
		STATE:			IL
		ZIP:			60606
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>boc27425_01gtcr.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-06-11</periodOfReport>

    <issuer>
        <issuerCik>0000889936</issuerCik>
        <issuerName>PRIVATEBANCORP, INC</issuerName>
        <issuerTradingSymbol>PVTB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001358713</rptOwnerCik>
            <rptOwnerName>GTCR FUND IX/A L P</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GTCR GOLDER RAUNER II, L.L.C.</rptOwnerStreet1>
            <rptOwnerStreet2>SEARS TOWER # 6100</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60606</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001421266</rptOwnerCik>
            <rptOwnerName>GTCR Partners IX, L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O GTCR GOLDER RAUNER II, L.L.C.</rptOwnerStreet1>
            <rptOwnerStreet2>SEARS TOWER #6100</rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60606</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001262953</rptOwnerCik>
            <rptOwnerName>GTCR GOLDER RAUNER II LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>6100 SEARS TOWER</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CHICAGO</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60606</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1750062</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series A Junior Nonvoting Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>0</value>
                <footnoteId id="F3"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2008-06-11</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>445.354</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>32640</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F2"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F2"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>445354</value>
                    <footnoteId id="F3"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1661.499</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F1"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">GTCR FUND IX/A, L.P. (&quot;FUND IX/A&quot;), is the direct beneficial owner of shares reported in Tables I and II.  GTCR Partners IX, L.P. (&quot;GTCR Partners IX&quot;) is the general partner of FUND IX/A and GTCR Golder Rauner II, L.L.C. (&quot;GTCR&quot;) is the general partner of GTCR Partners IX.  As such, GTCR Partners IX and GTCR may be deemed to be beneficial owners of the shares reported in Tables I and II.  The filing of this form shall not be deemed an admission that GTCR Partners IX or GTCR is, for Section 16 purposes or otherwise, the beneficial owner of those shares.</footnote>
        <footnote id="F2">The Series A Junior Nonvoting Preferred Stock (the &quot;Preferred Stock&quot;) is convertible into Common Stock upon FUND IX/A transfering its shares in a widely dispersed offering, which means (a) a widely distributed public offering, (b) a public offering, private placement or other sale in which no one party acquires the right to purchase in excess of 2% of the voting shares of PrivateBancorp, Inc., (c) a distribution to FUND IX/A's partners and their affiliates or (d) an assignment to a single party for the purpose of conducting a widely distributed public offering on FUND IX/A's behalf.</footnote>
        <footnote id="F3">The reporting person acquired 445.354 shares of the Preferred Stock.  Each share of the Preferred Stock is convertible into 1,000 shares of Common Stock.</footnote>
    </footnotes>

    <remarks>FUND IX/A, collectively with GTCR Fund IX/B, L.P. and GTCR CO-INVEST III, L.P., has the right to appoint a representative to serve as
a Director of PrivateBancorp, Inc.  Mr. Collin E. Roche currently serves as its representative on the board of PrivateBancorp, Inc.</remarks>

    <ownerSignature>
        <signatureName>/s/ Dennis M. Myers under a Power of Attorney previously filed with the SEC for GTCR FUND IX/A, L.P.</signatureName>
        <signatureDate>2008-06-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Dennis M. Myers under a Power of Attorney previously filed with the SEC for GTCR Partners IX, L.P.</signatureName>
        <signatureDate>2008-06-13</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Dennis M. Myers under a Power of Attorney previously filed with the SEC for GTCR Golder Rauner II, L.L.C.</signatureName>
        <signatureDate>2008-06-13</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----