Momentum Despite Uncertainty

Highlights | Investment Activity | Investing in Our Team

Against a backdrop of geopolitical and technological uncertainty, 2025 was a very productive year for Baird Capital. Our focus on lower middle market, founder-led B2B Tech and Services companies, particularly those with transatlantic growth ambitions, continues to be a differentiated strategy within the marketplace. Since January 2025, we have deployed more than $184 million in new and follow-on capital and returned $116 million in distributions back to our investors. Our consistent ability to deploy, return, and raise capital in a volatile environment is a clear indication that our strategy is working. 

As we progress through 2026, we expect to see continued uncertainty in the private markets. This environment should continue to favor our approach of focusing on opportunities where we have a strong right to win, supported by deep sector focus and a hands-on approach to value creation. In periods of dislocation, it is critical that we bring more to our investee companies than just financial capital. We have built an operational toolkit over the past 30+ years that helps founders and management teams navigate through and capitalize on market disruptions. Importantly, our team has lived through multiple investment cycles, and this experience is proving valuable in this current environment. 

We expect 2026 to be another productive year for Baird Capital as we remain active with deployment and distribution activities. Our growing team brings deep experience, diverse perspectives, and a shared commitment to managing your capital in a disciplined and proactive fashion. We are grateful for your continued confidence and partnership amid an evolving market landscape, and we are excited by the opportunities in front of us. 

Baird Capital Highlights

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