Baird Private Equity: Announces six promotions

CHICAGO, February 5, 2009 – Baird Private Equity, the global private equity group affiliated with Robert W. Baird & Co. (Baird), is pleased to announce six promotions in its U.S. buyout and venture groups, effective January 1.

Baird Capital Partners (BCP), the U.S.-based buyout fund of Baird Private Equity, promoted Aaron Lillybridge and Steve Warner to Principal, from Vice President. Tom Costello was promoted to Vice President, from Associate.

Baird Venture Partners (BVP), the U.S.-based venture fund of Baird Private Equity, promoted Michael Liang, James Pavlik, and, Benedict Rocchio to Principal, from Vice President.

All six individuals are based in Baird Private Equity’s Chicago office.

About Baird Private Equity

Baird Private Equity, the global private equity group affiliated with 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 and Granville Baird, an affiliated fund manager that invests in Germany. Baird Private Equity has a global team of 80 professionals in nine offices across the United States, Europe and Asia, including approximately 20 operating professionals in Asia. Baird Private Equity and its affiliates have raised and managed approximately $2.4 billion in capital and invested in over 225 companies since the 1980s. For more information, please visit http://www.bairdprivateequity.com.

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For additional information, contact:

Aaron Rudberg

Director of Investor Relations

Baird Private Equity

312-609-4677

arudberg@rwbaird.com

Angela Pittman Taylor

Public Relations Coordinator

Baird

414-298-1902

apittmantaylor@rwbaird.com