Management
The Badger Fund® of Funds General Partner managing member is Badger Fund Partners Holding Corporation. BFP is a non-stock, for-profit corporation with a board of directors.
BFP board has four directors. Each board member has a three-year term and can serve up to two three-year terms. Board members are nominated by underlying Badger Fund managers and elected by board members.
State of Wisconsin capital contributions to the Badger Fund of Funds are invested by the Badger Fund General Partner in venture capital funds headquartered in Wisconsin.
Board members are neither owners nor employees of the Badger Fund Partners Holding Corporation.
The Badger Fund of Funds has a three-person Limited Partner Advisory Committee.
Sam Adams is the Badger Fund of Funds General Partner Managing Director and an Officer of the Badger Fund Partners Holding Corporation.
The Badger Fund of Funds General Partner has a member on the Idea Fund I and II, Winnebago Fund I, Rock River Capital I, Winnow Fund I and II, Gateway Capital I & II and Mastercraft Fund I investment committees.
The Badger Fund of Funds General Partner has a Badger Fund Partners Advisory Committee. The BFPAC has five members composed of both Badger Fund of Funds General Partner team members and the Badger Fund Partners Holding Corporation directors.
The Badger Fund of Funds General Partner provides quarterly reports, an annual report and an annual audit to the Wisconsin Department of Administration and all Badger Fund of Funds investors to monitor performance. These reports are published by the DOA on their website (opens in a new window).
