Overview
Baird Capital Partners Management Company V, LLC (“Baird Capital V” or the “General Partner”), the registered investment
adviser, is a Delaware limited liability company. Baird Capital Partners V Limited Partnership and BCP V Special Affiliates Limited
Partnership (collectively, “BCP V” or the “Fund”) were formed with an affiliated fund by the General Partner to make private equity
investments, principally leveraged buyouts in U.S. lower middle-market business services and manufactured products companies. The
General Partner is also the general partner of the Funds and has the authority to make the investment decisions for the Funds and control the
business and affairs of the Funds. The General Partner was formed by Baird Capital (“BC”), the middle-market private equity group of
Robert W. Baird & Co. Incorporated (“Baird”). BC was founded in 1989 and is headquartered in Chicago, Illinois. Baird is the principal
owner of Baird Capital V. Baird Financial Corporation (“BFC”)
owns 100% of Baird and Baird Financial Group, Inc. owns 100% of BFC.
The Funds and any other Private Investment Funds that may be formed by the General Partner (or its affiliates) at a later date or
that may otherwise become clients of the General Partner are expected to invest through negotiated transactions in operating entities. The
General Partner’s investment advisory services to each Fund consist of identifying and evaluating investment opportunities, negotiating
investments, managing and monitoring investments and achieving dispositions for such investments. As the General Partner provides
advisory services to the Funds, the General Partner does not tailor its advisory services to the needs of individual investors nor does it permit
individual investors to impose restrictions on investing in certain securities or types of securities. As of December 31, 2023, Baird Capital
V managed $2.0 million on a discretionary basis and no assets on a non-discretionary basis.