Mairs & Power

Mairs and Power Inc

St. Paul, MN WWW.MAIRSANDPOWER.COM Registered investment adviser

Emerging manager

Mairs & Power reports 2 venture funds on Form ADV among 2 private funds, with $59M in gross private fund assets.

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Venture funds2of 2 private funds

Private fund assets$59MGross, Form ADV, September 2026

Funds on Form D2$52M reported raised

LPs on the record1Foundations and public plans

Reported raised, by the year each fund began raising

The numbers

Began raising	Raised
2021	$19M
2024	$33M

Funds on Form D

Venture funds whose Form D filings carry this adviser’s name, matched by name. Amounts are what each fund last reported to the SEC.

Fund	Began raising	Target	Raised	Investors	Latest filing
Mairs & Power Ventures Fund II, LP	2024	Not stated	$33M	102	November 10, 2025
Mairs & Power Ventures Fund I, LP	2021	Not stated	$19M	58	September 7, 2023

LPs on the record

1 private foundation lists on their latest IRS Form 990-PF Mairs & Power’s funds.

Glenn Perkins Educational Foundation Private foundation · 1 fund

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Registration

Legal name: Mairs and Power Inc
Status: Registered investment adviser since November 15, 1961
CRD number: 110351

Full Form ADV on the SEC’s Investment Adviser Public Disclosure site

About this data

Registered and exempt reporting advisers that report managing at least one venture capital fund on Form ADV, with the number of private funds and their gross assets as each adviser reports them. Advisers whose business name reads as an individual's are left out. From the roster published for September 2026. Source. Benchmarks for funds like these are in Raise benchmarks.