MAIRS & POWER VENTURE CAPITAL
MAIRS & POWER PRIVATE CAPITAL MANAGEMENT, LLC Legal Name
Adviser information for MAIRS & POWER VENTURE CAPITAL last updated from Form ADV on March 31st, 2023. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 44 |
|---|---|
| Investment Advisory/Research | 19 |
| Registered Broker-Dealer Representatives | 3 |
| Registered State Investment Advisers | 13 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 1 | $19.2M |
| Non-Discretionary | 0 | $0 |
| Total | 1 | $19.2M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 0 | $0 |
| HNW Individuals | 0 | $0 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 1 | $19.2M |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
Services
| Advisory Services | Portfolio management for pooled investment vehicles |
|---|---|
| Compensation | % of AUMPerformance-based fees |
Identifiers
| SEC RIA File Number | 801-121812 |
|---|---|
| SEC ERA File Number | 801-121812 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 314864 |
| Legal Entity Identifier | None |
Principal Office
30 E 7TH STREETSUITE 2500
ST. PAUL
MN
United States
Monday - Friday, 8:00 AM - 4:30 PM
Tel: 651-314-3525, Fax: 651-222-8470
Chief Compliance Officer
ROBERT W. MAIRS
VICE PRESIDENT
30 E 7TH STREET
SUITE 2500
ST. PAUL
MN
United States
Tel:
651-222-8478
Fax:
651-222-8470
R*****@****************M
(Full email address available in API data)
Regulatory Contact
BRENT M. WILLIAMS
ASSISTANT CHIEF COMPLIANCE OFFICER
30 E 7TH STREET
SUITE 2500
ST. PAUL
MN
United States
Tel:
651-222-8478
Fax:
651-222-8470
B********@****************M
(Full email address available in API data)
Industry Affiliates
| M&P VENTURES FUND I GP, LLC | Sponsor, GP, manager of pooled investment vehicles |
| MAIRS & POWER | Other investment adviser, including financial planners |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|---|---|---|---|
| MAIRS & POWER VENTURES FUND I, LP | Venture Capital Fund | $19.2M | $0.3M | 58 |
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| MAIRS & POWER | Domestic Entity | – | MEMBER | 02/2021 | > 75% |
| HENNEMAN, MARK, LARRY | Individual | – | PRESIDENT | 06/2021 | < 5% |
| Bergstrom, John, Craig | Individual | – | CHIEF INVESTMENT OFFICER | 06/2021 | < 5% |
| MAIRS, ROBERT, WILLIAM | Individual | – | CHIEF COMPLIANCE OFFICER,VICE PRESIDENT AND SECRETARY | 06/2021 | < 5% |
| Odegaard, Luke, Andrew | Individual | – | TREASURER | 06/2021 | < 5% |
| Gilbertson, Melissa, Mary-Elizabeth | Individual | – | VICE PRESIDENT | 04/2022 | < 5% |