Wednesday, 1 October 2014
Last updated 12 hours ago
Apr 25 2007 | 1:01pm ET
Baird Capital Partners, the U.S.-based buyout fund of Baird Private Equity, has closed its fourth buyout fund with a total of $300 million in committed capital. The fund invests in U.S. middle-market companies in the business services and manufactured products sectors.
Fund IV saw inflows from both existing and new investors such as American Family Mutual Insurance, Hexagon Investments, Robert W. Baird & Co., The Northwestern Mutual Life Insurance Company and Thrivent Financial for Lutherans, a Fortune 500 financial services concern.
“Thrivent invested in BCP IV because the team at Baird Capital Partners, with its operational focus in the U.S. and Asia, has an impressive track record when it comes to building value in its investments,” said Timothy Wegener, a managing director of private investments at Thrivent.
To date, the new buyout vehicle has already invested in three companies: Accume Partners, a provider of internal auditing, IT auditing and related risk management services; Campbell Alliance Group, a pharmaceutical and biotech management consulting firm; and Backyard Adventures/Leisure Time Products, a supplier of outdoor wood play sets.
Baird Private Equity is the global private affiliate of Robert W. Baird & Co.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
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