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Baird Capital Partners hires Thomas E Costello30/03/2007. Source: AltAssets. 
 Baird Capital Partners, the US-based buy-out arm of Baird Private Equity, has added Thomas E Costello as an associate on their business services team, working out of the Chicago office.
Costello will focus on BCP's investment opportunities in the business services sector. Costello joins Baird from Chicago Growth Partners, a private equity firm in Chicago, where for four years he sourced, evaluated and structured business service transactions in the middle market.
Before Chicago Growth Partners, he spent two years as an investment banking analyst at Lehman Brothers Inc., also in Chicago.
David Pelisek, a BCP partner said, 'Tom's background, which includes significant private equity experience, is part of what makes him an outstanding addition to our BCP Business Services team.'
Baird Capital Partners provides change-of-control and growth capital to middle-market companies in the business services and manufactured products sectors. Baird Capital Partners is also supported by operating resources in China and India.
The firm recently closed its fourth buy-out fund, BCP IV, on $300m, the target size of the fund. Substantially all the fundraising was completed in 2006, the firm told AltAssets.
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