Thaddeus I. Gray, CFA Managing Director, Chief Investment Officer Mr. Gray brings more than 18 years of private equity investing experience to Abbott Capital and oversees the firm’s investment process. He directs the research effort and reviews and approves investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Gray also serves on several partnership advisory boards. Prior to joining Abbott Capital in 1989, Mr. Gray was an Assistant Vice President at Commerzbank Capital Markets Corporation and an associate with Credit Commercial de France in Paris in the Corporate Finance Department. Mr. Gray received his B.A. in History from the University of Pennsylvania, his M.B.A. in Finance from New York University and is a CFA charterholder.

Raymond L. Held Managing Director, Chairman Mr. Held is a co-founder of Abbott Capital Management and provides the expertise of 36 years of private equity investment experience to all aspects of Abbott’s business. He reviews and approves investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is involved in ongoing monitoring of investments. Mr. Held also serves on several partnership advisory boards. Prior to co-founding Abbott Capital in 1986, Mr. Held was Senior Vice President and Director of the Venture Capital Group of Manufacturers Hanover Investment Corporation. Before joining Manufacturers Hanover, he had been a securities analyst at several Wall Street firms and at Standard & Poor’s Corporation. Mr. Held received his B.A. in Economics from Queens College, his M.A. in Public Law & Government from Columbia University and his M.B.A. in Finance from New York University.

Lauren M. Massey, CPA Managing Director, Finance & Administration Ms. Massey has more than 18 years of financial services experience and is responsible for managing Abbott’s financial matters, client account administration and compliance programs. Prior to joining Abbott Capital in 1995, Ms. Massey was an Audit Manager in the Financial Services Division of Ernst & Young, where she had an asset management industry focus and was responsible for audit planning and budgeting management. Ms. Massey received her B.S. in Accounting from the State University of New York at Binghamton, her M.B.A. in Finance and Marketing from New York University and her C.P.A. from the State of New York.

Meredith L. Rerisi Managing Director Ms. Rerisi has more than 6 years of private equity investment experience. She reviews and approves investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Ms. Rerisi also serves on several partnership advisory boards. Prior to joining Abbott Capital in 1998, Ms. Rerisi was an equity analyst at American High Growth Equities Corporation. Ms. Rerisi received her B.S. in Applied Economics and Business Management from Cornell University and returned to Abbott in the fall of 2002, following the completion of her M.B.A. from The Fuqua School of Business at Duke University.

Jonathan D. Roth Managing Director, President Mr. Roth has 15 years of private equity investment experience and is responsible for the overall management of the firm. He also works closely with clients to develop and implement private equity investment programs. Mr. Roth reviews and approves investment opportunities, with specific emphasis on the analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Roth also serves on several partnership advisory boards. Prior to joining Abbott Capital in 1992, Mr. Roth was an Associate at Elmrock Partners and a Financial Analyst with Amoco Corporation. Prior to obtaining his M.B.A., he worked for Chemical Bank as a corporate lending officer. Mr. Roth received his A.B. in Economics from Cornell University and his M.B.A. from The Fuqua School of Business at Duke University.

Matthew M. Smith Managing Director Mr. Smith has more than 7 years of private equity investment experience. He reviews and approves investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Smith also serves on several partnership advisory boards. Prior to joining Abbott Capital in 2000, Mr. Smith was a financial examiner at the Federal Reserve Bank of New York. Prior to obtaining his M.B.A., he worked for First Trust Washington and BankAmerica as a trust officer. Mr. Smith received his A.B. in History and his M.B.A. in Finance from Georgetown University.

Kathryn J. Stokel, CFA Managing Director, Chief Operating Officer Ms. Stokel, with 21 years of private equity investment experience, is a senior investment professional who also oversees the firm’s internal operations and human resource activities. She reviews and approves investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Ms. Stokel also serves on several partnership advisory boards. Prior to joining Abbott Capital in 1998, Ms. Stokel was a Portfolio Manager of a $3.5 billion private equity portfolio at General Motors Investment Management Corporation. Ms. Stokel received her B.S. in Mathematics from the University of Michigan, her M.B.A. in Finance from The Wharton School at the University of Pennsylvania and is a CFA charterholder.

Charles H. van Horne Managing Director, Marketing and Client Services Mr. van Horne has over 22 years of experience in private equity and is responsible for managing the firm’s marketing and client services functions, including communicating with clients about Abbott’s investment practices and providing assistance to clients in the development of their private equity strategies. Prior to joining Abbott in 2001, Mr. van Horne was a Managing Director of AIG Capital Partners, Inc., responsible for AIG Capital Partners’ fund development and client services. Mr. van Horne also served on the investment committees for several AIG private equity funds. Prior to joining AIG, Mr. van Horne was Managing Director of Creditanstalt International Advisors, where he established and managed its private equity investment activities. He also worked for Bankers Trust and for UBS Securities, Inc. Mr. van Horne received his B.A. in Sociology from the University of Pennsylvania. Mr. van Horne also serves as a Trustee of the Roothbert Educational Foundation.