BAIRD CAPITAL MANAGEMENT COMPANY, LLC other names

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Adviser Profile

As of Date:

03/27/2024

Adviser Type:

- Large advisory firm
- Related adviser


Number of Employees:

26 -3.70%

of those in investment advisory functions:

5


Registration:

SEC, Approved, 11/14/2022

AUM:

837,601,000 9.53%

of that, discretionary:

837,601,000 9.53%

Private Fund GAV:

778,514,000 9.49%

Avg Account Size:

83,760,100 9.53%


SMA’s:

NO

Private Funds:

7

Contact Info

414 xxxxxxx

Websites :
Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
765M 655M 546M 437M 328M 218M 109M
2022 2023

Recent News



Private Funds Structure

Fund Type Count GAV
Private Equity Fund 7 $778,514,000

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Private Funds



Employees




Brochure Summary

Overview

Baird Capital Management Company, LLC (“Baird Capital Management”), is a Delaware limited liability company and registered investment adviser that began operations in October 2022. Baird Capital Management and its affiliated registered investment advisers provide investment advisory services to private fund clients. Baird Capital Management’s clients include Baird Venture Partners VI (defined below), Global Fund I (defined below), and Global Fund II (defined below) (collectively, and together with any future private investment funds managed by Baird Capital Management, the “Funds”). Baird Capital Management Advised Funds
• Baird Venture Partners VI consists of Baird Venture Partners VI LP along with related parallel vehicles BVP VI Special Affiliates Fund LP and BVP VI Affiliates Fund LP and any related alternative investment vehicles (collectively, “Baird Venture Partners VI”). Baird Venture Partners VI’s general partner, Baird Venture Partners GP VI LLC, relies on Baird Capital Management’s investment adviser registration in accordance with SEC guidance under the Advisers Act.
• Global Fund I consists of Baird Capital Global Fund I LP along with related parallel vehicles Baird Capital Global Fund I - DE LP, BCGF I Special Affiliates LP, and BCGF I Affiliates Fund LP and any related alternative investment vehicles (collectively, “Global Fund I”). The Global Fund I’s general partner, Baird Capital Global Fund Management I LP, relies on Baird Capital Management’s investment adviser registration in accordance with SEC guidance under the Advisers Act.
• Global Fund II consists of Baird Capital Global Fund II Limited Partnership along with related parallel vehicles BCGF II Special Affiliates LP and BCGF II Affiliates Fund LP and alternative investment vehicles (collectively, “Global Fund II”). The Global Fund II’s general partner, Baird Capital Global Fund Management II LLC, relies on Baird Capital Management’s investment adviser registration in accordance with SEC guidance under the Advisers Act. Baird Capital Management and the general partners of the Funds (collectively, the “Adviser”) are operated as a single advisory business formed by Baird Capital, the U.S. based venture capital and global private equity business unit of Robert W. Baird & Co. Incorporated (“Baird”). Baird is a broker-dealer and investment advisory firm founded in 1919 and is based in Milwaukee, Wisconsin. Baird Capital Management is 100% owned by Baird. Baird Financial Corporation (“BFC”) owns 100% of Baird. Baird Financial Group, Inc. is a holding company that owns 100% of BFC. Shares of Baird Financial Group, Inc. are 95% owned by employees of Baird and its affiliates with no individual employee owning greater than 2% of the outstanding shares. The Adviser provides investment advisory services to the Funds that consists of identifying and evaluating investment opportunities, negotiating investments, managing and monitoring investments and achieving dispositions for such investments. Baird Capital Management
tailors its advisory services in accordance with each Fund’s investment strategy as disclosed in such Fund’s offering documents. The Adviser provides advisory services to the Funds and does not tailor its advisory services to the needs of individual Fund investors, nor does it permit individual Fund investors to impose restrictions on investing in certain securities or types of securities. Further specific details of the Adviser’s services are set forth in the Funds’ respective private placement memoranda, investment flipbook, partnership agreement, subscription agreements, or other offering documents (collectively, the “Fund Documents”) and are further described below in Item 8, “Methods of Analysis, Investment Strategies and Risk of Loss.” As of December 31, 2023, the Adviser managed approximately $837.6 in client assets on a discretionary basis with no assets managed on a non-discretionary basis. Baird Financial Corporation Robert W. Baird & Co. Incorporated Baird Capital Management Company, LLC Baird Venture Partners GP VI LLC Baird Capital Global Fund Management I LP Baird Capital Global Management II LLC 100% 100% Relying Advisors 2 The Adviser has entered into, and may in the future enter into, side letters or other similar agreements with certain investors that provide such investors with rights that are more favorable to those offered other investors under the Fund’s partnership agreement or subscription agreement. Such rights or alterations could be regarding economic terms, fee structures, excuse rights, information rights, investment limitations, co-investment rights (including the provision of stated co-invest opportunities or priority allocation rights to, for example, limited partners who have capital commitments in excess of certain thresholds to one or more Fund), or transfer rights, among others. Any rights established or any terms altered or supplemented will govern only the investment of the specific investor and not the terms of a Fund as whole. Further, most side letters or other similar arrangements provide such investors with “most favored nations” rights pursuant to side letters entered into with other investors in that Fund. Investors in the Funds participate in the overall investment program for the applicable Fund but could be excused from a particular investment due to legal, regulatory or other applicable constraints. The Adviser has offered and may in the future offer certain investors or other persons, including operating partners or advisors, the opportunity to invest directly in a portfolio company. The Adviser has discretion in offering such investment opportunities in accordance with the Funds’ partnership agreements, and such investment opportunities typically will be offered to some and not to other Fund investors or third parties. The information provided above about the investment advisory services provided by the Adviser is qualified in its entirety by reference to the Fund Documents of the Funds.