PRINT THIS PAGE US Baird Venture Partners closes fund with over $100m of commitments11/12/2003. Source: AltAssets. 
 US Baird Venture Partners (BVP) has held a final close with over $100m in committed capital. BVP’s new fund will invest in early to late-stage high-growth companies primarily in areas of applied technology, business services and life sciences with a preference for companies located in Wisconsin and the Midwest.
Institutional investors in the fund include A.O Smith Pension Trust, Marshall & Ilsley Corporation, the State of Wisconsin Investment Board, Wisconsin Alumni Research Foundation, Lurie Investments, The NorthWestern Mutual Life Insurance Company, Johnson Financial Group and Robert W. Baird.
‘Baird and BVP have demonstrated a long-standing commitment to supporting Wisconsin’s growth companies,’ said Monica Jaehnig, portfolio manager for the State of Wisconsin Investment Board. ‘There is a lot of untapped potential here and BVP is dedicated to helping develop that potential.’
‘In addition to enhancing BVP’s ability to invest in and support high growth companies, the funds that we have raised augment Baird’s overall commitment to being a leading provider of private equity capital and services through all phases of business growth,’ said Paul Carbone, co-director of Baird Private Equity and BVP Managing Partner.
BVP makes investments of up to $5m per company. Its current portfolio includes Axcelerant, Centerre Healthcare Corporation, Everdream Corporation, HireRight, NetRegulus, Pharmedium Healthcare Corporation and TomoTherapy.
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