Patricia M. Cloherty is Chairman and CEO of Delta Private Equity Partners, LLC, manager of the U.S. Russia Investment Fund and Delta Russia Fund, L.P., two venture capital funds. She is former Co-Chairman, President and General Partner of Apax Partners, Inc. (formerly Patricof & Co. Ventures, inc.), a $10 billion private equity company that she joined in 1970, and from which she withdrew in 2000. She is a past President and Chairman of the National Venture Capital Association of the United States. In 1991, President George H.W. Bush appointed her chairman of an Investment Advisory Council to revamp the Small Business Investment Company program of the U.S. Small Business Administration. From 1977 to 1978, Ms. Cloherty was Deputy Administrator, U.S. Small Business Administration, appointed by President Carter. In 1981, Ms. Cloherty also was the founding President of the Committee of 200, a prestigious organization of the country’s leading women entrepreneurs and corporate executives. In 2004, she was named Businessperson of the Year by the American Chamber of Commerce in Russia. In December 2006, Pat Cloherty was named a Technology’s Top Dealmaker by Forbes magazine. In February 2007, the Moscow Government awarded Pat for outstanding contribution to the development of entrepreneurship in Russia and for establishing and supporting small business in the country. In October 2007, Ms. Cloherty received the Woodrow Wilson Award for Corporate Citizenship organized by the Kennan Center of the Woodrow Wilson Institute for International Scholars. It is given to executives who have shown deep concern for the common good by their example and through business practices that advance the long-term interests of their firms, their employees, and their shareholders. Finally, in November 2007, the Russian Academy of Business granted Pat the Darin award for her significant and long-standing contribution to the creation of the new Russian economy. Ms. Cloherty holds various directorships, among them Columbia University, The U.S.-Russia Business Council, Vesch! (Russia), DeltaLeasing (Russia), VideoNEXT Network Solutions, Inc. (U.S. and Ukraine), and the American Chamber of Commerce in Russia. She is a Trustee of Columbia University, a Trustee for Life of International House, and a Trustee Emeritus of Columbia University’s Teachers College. She is a member of the Rockefeller University Council and the Council on Foreign Relations. She was appointed to the Board of the U.S. Russia Investment Fund in 1995 by President Clinton, became Chairman in 1998, and Chief Executive Officer from 2003 to 2006. She holds a B.A. from the San Francisco College for Women, and an M.A. and M.I.A. from Columbia University. She served in the Peace Corps in Brazil from 1963 through 1965.