Mairs and Power has unveiled a small-cap mutual fund. The Mairs and Power Small Cap Fund will focus on making long‐term investments in companies situated in the Upper Midwest.

Andrew Adams will manage the new small-cap fund. Adams, who has served the firm for five years, previously worked as co‐portfolio manager of U.S. Bancorp Asset Management’s small-cap blend mutual fund.

Click here for the release from Mairs and Power.