Baird Private Equity Names Pan MD – CORRECTED

Baird Private Equity has named Gordon Pan a managing director. Pan succeeds Paul Carbone, who recently joined the Pritzker Group. In addition, Scott Skie, Baird Private Equity’s chief administrative officer since 2005, has been promoted to chief operating officer. Aaron Rudberg, who joined Baird Private Equity in 2008, has been promoted to partner. -CN


Robert W. Baird & Co. (Baird), announced today that Gordon G. Pan has been named Managing Partner of Baird Private Equity, the firm’s global private equity group. Pan has more than 20 years of finance and private equity experience, including the past seven years as a Partner with Baird Capital Partners and, before that, three years as a partner with Baird Venture Partners. He also has been very active in the development and management of Baird Private Equity’s Asia capabilities. Prior to Baird, Pan served as a principal with One Equity Partners. He was also founder and CEO of an international consulting firm specializing in assisting the portfolio companies of private equity firms establish strategic alliances in China. Pan succeeds Paul Carbone, who joined The Pritzker Group, a Chicago private investment firm led by Tony and J.B. Pritzker and representing Pritzker family interests, in late February. In addition, Scott Skie, who had been serving as Baird Private Equity’s Chief Administrative Officer since 2005, has been promoted to Chief Operating Officer. Aaron Rudberg, who joined Baird Private Equity in 2008, has been promoted to Partner of BPE, continuing in his role as Baird Private Equity’s director of investor relations, marketing and business development. “I have great confidence in Gordon and the rest of the Baird Private Equity leadership team, and our private equity business has never been better positioned,” said Paul Purcell, Baird Chairman, President and CEO. “In fact, 2011 was one of the group’s best years ever, and the leadership is in place to continue its record of success.” Baird Private Equity, which focuses on the lower middle market, reported strong 2011 activity for new and follow-on investments and exits across its U.S., UK and China-focused funds. The group had 27 new and follow-on investments, and realized approximately $217 million of investor proceeds from six exits. ### About Baird Private Equity Baird Private Equity, the global private equity group of Robert W. Baird & Co. (Baird), makes venture capital, growth equity and buyout investments in smaller, high potential companies in the United States through Baird Venture Partners and Baird Capital Partners, in China through Baird Capital Partners Asia, and in Europe through Baird Capital Partners Europe. Baird Private Equity has a global team of investment and operations professionals across the United States, Europe and Asia, including a team of operating professionals in Asia. Baird Private Equity and its affiliates have raised and managed over $2.8 billion in capital and invested in more than 255 companies since the 1980s.