Baird Capital, the direct private investment arm of Milwaukee-based Robert W. Baird & Co. Inc., has filed paperwork to form a new $300 million private equity fund.

Milwaukee-based Baird Capital Global Fund I LP filed a notice of exempt offering of securities with the SEC Thursday for the private equity pooled investment fund. The business was incorporated this year in the Cayman Islands.

This is Baird Capital’s first global fund. The arm currently makes venture capital, growth equity and private equity investments in health care, technology and services, and industrial solutions through its U.S. Private Equity, Venture Capital, U.K. Private Equity and China Growth Equity funds. Since it was founded in 1989, Baird Capital has invested $3.1 billion in about 300 portfolio companies. Read the full BizTimes story here.