Patricia M. Cloherty is Chairman and CEO of Delta Private Equity Partners, LLC. She is former Co-Chairman, President and General Partner of Apax Partners, Inc. She was appointed to the Board of the U.S. Russia Investment Fund in 1995 by President Clinton, became Chairman in 1998 to 2004, she has been Chief Executive Officer of its management company since 2003. Ms Cloherty 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.

She is a former 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. Pat is a Board Member of the American Chamber of Commerce in Russia and a member of the Advisory Board of the Skolkovo business school in Russia.

Ms Cloherty is a recipient of many distinguished international awards including the Order of Friendship presented by President Putin in 2008 for her major contribution to the development of Russian business and for strengthening friendship and cooperation between the Russian Federation and the United States of America.

In April 2009, Pat was elected to the Board of New York Stock Exchange.

She holds a B.A. from the San Francisco College for Women, and an M.A. and M.I.A. from Columbia University.

Delta Private Equity Partners (“DPEP”) is a leading private equity manager dedicated to developing and funding fast growing companies in Russia that possess the potential to become market leaders. It has invested over $500 million in 55 Russian companies through The U.S. Russia Investment Fund established in 1994 and Delta Russia Fund, a successor private fund formed in 2004.

www.dpep.com