The Capital Midwest Fund (CMF), a renowned venture capital firm based in Milwaukee, WI, has announced that Michael S. Harper, a financial industry veteran, has joined the firm as a partner.

In a press release statement, it was confirmed that Harper will lead the fund — which has a target fund size of $150 million — to invest in technology companies, specifically those that specialize in software-as-a-service (SaaS) and Internet of Things (IoT), ranging in industries from energy to manufacturing.

“Capital Midwest Fund is a growing firm with a strong portfolio. My professional training and experience in the areas of financial services, Environmental, Social, and Governance (ESG), and risk management, as well as sustainable development projects, align with the firm’s growth strategy,” said Harper, in the press release statement. “I am excited to join a great group of finance professionals that is helping business-to-business technology companies succeed, ultimately creating outsized returns for investors.”

Prior to joining Capital Midwest Fund, Harper was involved in clean and renewable energy. He is also a member of the American Stock Exchange, Chicago Stock Exchange, and Chicago Board Options Exchange, where he worked as a Market Maker/Trader in ETF Products (SPDR, QQQ) and S&P 100 and 500 (OEX, SPX) Options Contracts.