ANTHONY J. DOWD     Managing General Partner
Mr. Dowd graduated with distinction from the U.S. Military Academy at West Point in 1981 with a B.S. degree in Engineering. From 1981 to 1986 he served as an officer in the U.S. Army. In 1988, Mr. Dowd graduated from the Wharton School of the University of Pennsylvania with a M.B.A degree in Finance. Subsequently, Mr. Dowd was a Senior Associate with James D. Wolfensohn, Inc., a New York investment banking firm. In 1991, Mr. Dowd became affiliated with Charter Oak Partners and was appointed Director of Private Investments in May 1992. In 1997 he became a founding General Partner of Charter Oak Capital Partners. He served on the Board of Directors for many of Charter Oak's private investments and currently serves on the Board of Directors of Revere Industries, LLC; American Church Mortgage Company, LLC; Space Optics Research Lab, LLC; Texcel Medical, LLC, and Circle Medical Devices, LLC.

D. BRAD CUMBERLAND     Vice President
Mr. Cumberland received a Bachelor of Commerce degree in Entrepreneurial Management from Royal Roads University.  Mr. Cumberland was a member of the Canadian National Ski Team from 1989 to 1992. From 1993 to 1997, he served as General Manager for a large Western Canadian restaurant chain specializing in corporate growth strategy and restaurant design. Mr. Cumberland worked with Canadian energy company Summit Resources Ltd. from 1999 to 2002 in a number of capacities including Joint Venture Agreement Analysis, Capital Drilling Budget Strategy, Finance and Accounting. He also worked with Paramount Energy Trust during their acquisition of Summit becoming a Senior Financial Analyst from 2002 to 2004. Mr. Cumberland served as an Assistant Vice President and Senior Recruiter in the Corporate Banking department of Alden Associates from 2004 to 2006. He joined Charter Oak in May of 2007. He currently serves on the Board of Directors for Advanced Metals Machining, LLC.

ELLYN STERN     Chief Financial Officer
Mrs. Stern received a B.S. in Finance from Babson College and a M.S. in Financial Management from Fairfield University. Prior to joining Charter Oak, she was a senior financial analyst in the Maxwell House Division of General Foods Corporations and was the Controller for SFA, Inc., a media communications company. Mrs. Stern joined Charter Oak in January 1998. Her responsibilities include accounting, financial reporting and compliance for all of the private equity partnerships. Ms. Stern currently serves on the Board of Directors for Space Optics Research Labs, LLC.