Baird Private Equity the global private equity group of Robert W. Baird & Co., announced the promotion of Michael Liang to partner of Baird Venture Partners, the hiring of Jamie Bellanca as an executive-in-residence with Baird Private Equity and Lily Wang as an associate with Baird Capital Partners Asia.

Liang, who is based in Chicago, will oversee Baird Venture Partner's healthcare and life science investments. He has worked for the unit since 2006, and is currently a member of the board of directors of Palyon Corp. and Interlace Medical and a board observer at Centerre Healthcare Corp.

Bellanca, who is based in Chicago, will provide guidance on technology strategy and development, operational refinement and investment evaluation in the business services sector. He was the vice president of advanced technology for Cleversafe, where he led the technology vision, built the patent program and drove the architecture and development of their global storage platform.

Before that, he was a regional principal/national director at Lante Corp., a publicly-held software and technology consultancy.

Wang, based in the company's Shanghai office, held summer associate positions in the investment banking division of  Credit Suisse (Hong Kong) Ltd. and the global manufacturing services group of International Finance Corp. in Washington, D.C. Before that, she was a senior consultant at IBM/PricewaterhouseCoopers Consulting and was an analyst at Fitch Ratings, both in Beijing.