.

Perseus, LLC.

Portfolio Companies
EXECUTIVE BIOGRAPHIES

U.S. HEADQUARTERS PERSONNEL

Frank H. Pearl (Washington, D.C.), Chairman and Chief Executive Officer of Perseus, founded the firm in 1995 and founded Rappahannock Investment Company, the predecessor of Perseus, in 1991. Mr. Pearl has been involved for over 25 years with leveraged acquisitions of operating companies, as well as the acquisition and financing of biotechnology and energy technology investments. Mr. Pearl practiced law in the District of Columbia and New York from 1969 until 1984. In 1984, Mr. Pearl joined Wesray Capital Corporation as a principal and managing director and in that capacity was involved in negotiating, structuring, and supervising numerous successful corporate acquisitions and divestitures. During this period, Mr. Pearl was a principal with substantial responsibility for over a dozen operating companies, including Wilson Sporting Goods, Avis Rent-a-Car, and Western Auto Supply.

Mr. Pearl serves as chairman of the Jennie Zoline Foundation, a private foundation that he established in 1987 to be operated for scientific, literary, educational, and other purposes. Mr. Pearl is a member of the Board of Trustees of The John F. Kennedy Center for the Performing Arts, the Rockefeller University, and The Brookings Institution. Mr. Pearl is also a member of the Board of Directors of the Institute for International Economics, a member of the Council on Foreign Relations, and is a participating member of the American Friends of Bilderberg.

top

Richard C. Holbrooke (New York) is a Vice Chairman of Perseus. He most recently served as the U.S. Ambassador to the United Nations, where he was also a member of President Clinton’s cabinet (1999-2001). As Assistant Secretary of State for Europe (1994-1996), he was the chief architect of the 1995 Dayton peace agreement that ended the war in Bosnia. He later served as President Clinton’s Special Envoy to Bosnia and Kosovo and Special Envoy to Cyprus on a pro bono basis while a private citizen. From 1993 to 1994, he was the U.S. Ambassador to Germany.

During the Carter Administration (1977-1981), he served as the Assistant Secretary of State for East Asian and Pacific Affairs and was in charge of U.S. relations with China at the time Sino-American relations were normalized in December 1978.

After joining the Foreign Service in 1962, he served in Vietnam (1963-1966), including a tour of duty in the Mekong Delta for AID. He worked on Vietnam at the Johnson White House (1966-1968), wrote one volume of the Pentagon Papers, and was a member of the American delegation to the Vietnam Peace Talks in Paris (1968-1969).

He was Peace Corps Director in Morocco (1970-1972), Managing Editor of Foreign Policy (1972-1977), and held senior positions at two leading Wall Street firms, Credit Suisse First Boston (Vice Chairman) and Lehman Brothers (Managing Director). He has written numerous articles and two best-selling books: To End a War, a memoir of the Dayton negotiations, and Counsel to the President, Clark Clifford’s memoir, which he co-authored. He writes a monthly column for The Washington Post.

He has received over twenty honorary degrees and numerous awards, including several Nobel Peace Prize nominations. He is the Founding Chairman of the American Academy in Berlin, a center for U.S.-German cultural exchange; President and CEO of the Global Business Coalition, the business alliance against HIV/AIDS; and Chairman of the Asia Society. He is on the Board of Directors of American International Group. NGO board memberships include the American Museum of Natural History, the National Endowment for Democracy, The Africa-America Institute, the Citizens Committee for New York City, the Council on Foreign Relations, and Refugees International. He is on the Advisory Board of USA for UNHCR and he is a Fellow of the American Academy of Arts and Sciences.

top

James A. Johnson (Washington, D.C.) is a Vice Chairman of Perseus. Prior to joining Perseus in 2001, Mr. Johnson served as Vice Chairman (1990), Chairman and Chief Executive Officer (1991-1998), and Chairman of the Executive Committee (1999) of Fannie Mae. Prior to joining Fannie Mae, Mr. Johnson was a Managing Director in Corporate Finance at Lehman Brothers. Before joining Lehman Brothers, he was President of Public Strategies, a Washington, D.C.-based consulting firm he founded to advise corporations on strategic issues. From 1977 to 1981, Mr. Johnson was Executive Assistant to Vice President Walter F. Mondale, where he advised the Vice President on domestic and foreign policy and political matters. Earlier, he was employed by the Dayton Hudson Corporation, worked as a staff member in the U.S. Senate, and was on the faculty of Princeton University.

Mr. Johnson served as Chairman of The John F. Kennedy Center for the Performing Arts and is former Chairman and Honorary Trustee of the Board of Trustees of The Brookings Institution. Mr. Johnson also serves on the Boards of Directors of The Goldman Sachs Group, Inc., KB Home, Target Corporation, Temple-Inland, Inc., and UnitedHealth Group. He is also a member of the Council on Foreign Relations, the National Museum of African American History and Culture, and the Trilateral Commission.

Mr. Johnson holds a B.A. in Political Science from the University of Minnesota and a Masters in Public Policy from the Woodrow Wilson School at Princeton University. In 1999, Mr. Johnson received an Honorary Doctor of Humane Letters Degree from Howard University, and in 2002, he received an Honorary Doctor of Laws Degree from Skidmore College. Mr. Johnson also received an Honorary Doctor of Humane Letters Degree from Augsburg College in May 2006 and an Honorary Doctor of Laws Degree from the University of Minnesota in May 2006.

top

John T. Schwieters (Washington, D.C.) is a Vice Chairman of Perseus. Prior to joining Perseus, Mr. Schwieters was the Managing Partner of Arthur Andersen’s Mid-Atlantic region and was a member of Arthur Andersen’s U.S. leadership team. Mr. Schwieters became a partner at Arthur Andersen in 1974 and was head of its tax practice from 1974 to 1989. In 1989 he became Office Managing Partner. Mr. Schwieters served as Advisory Partner on many of Arthur Andersen’s Washington area clients, including Snyder Communications, Inc., Clark Enterprises, Riggs National Corporation, Sallie Mae, American Association of Retired Persons, National Automobile Dealers Association, and The John F. Kennedy Center for the Performing Arts.

Mr. Schwieters is a member of the Board of Directors of Manor Care, Inc., Smithfield Foods, Inc., Danaher Corporation, Choice Hotels International, and the United Way of the National Capital Area. He is non-executive Chairman of Raleigh Cycle Limited and is a member of the board of Perseus Books, L.L.C. He has also served as: President, Washington Ballet; Chairman, Greater Washington Board of Trade; Vice Chairman, Greater Washington Research Center; Executive Committee, Federal City Council; Chairman of Development Campaign, Samaritan Inns; Board of Trustees, Trinity College; Treasurer, Community Foundation of the National Capital Region; Treasurer, 2012 Coalition; Advisory Board, The George Washington University Law School; and President, Greater Washington Society of CPAs.

Mr. Schwieters holds a B.S. in Business Administration from Georgetown University and an L.L.B. from The George Washington University.

top

Kenneth M. Socha (Washington, D.C.), Senior Managing Director, joined Rappahannock Investment Company, the predecessor of Perseus, in 1991. Prior to joining Perseus, Mr. Socha practiced corporate and securities law as a partner of Lane and Edson and, thereafter, of Dewey Ballantine. From 1985 to 1992, Mr. Socha devoted a substantial amount of his time to the representation of Wesray Capital Corporation and its affiliates. Mr. Socha serves as a director of Biometric Access Company, Clean Energy Fuels Corp., Chroma Energy, Inc., NxtPhase T&D Corporation, Pinacl Solutions UK Ltd., and Puralube, Inc. Mr. Socha was a contributing author of the first edition of The Art of M&A: A Merger Acquisition Buyout Guide, published by Dow Jones-Irwin.

Mr. Socha holds a B.A. in English Literature from the University of Notre Dame and a J.D. from Duke University School of Law.

top

Ray E. Newton III (New York), Senior Managing Director, joined Perseus in 1999. Prior to joining Perseus, Mr. Newton was a General Partner at J.H. Whitney & Co., a private equity and subordinated debt investment firm. Mr. Newton joined Whitney as an Associate in 1989 and in 1992 was named the youngest General Partner in the firm’s then 46-year history. While at Whitney, Mr. Newton was responsible for all aspects of the investment process, including identifying and developing opportunities, negotiating and closing transactions, developing strategic plans and liquidity paths for portfolio companies, and monitoring limited partner relationships. Prior to Whitney, Mr. Newton worked for two years in the Merchant Banking Department at Morgan Stanley & Co. Incorporated. Mr. Newton is a member of the Board of Directors of Workflow Holdings, Inc., Haggar Corp., and Cardiac Science Corporation, and is a former board member of Converse, Inc.

Mr. Newton holds a B.A., magna cum laude, from Princeton University and an M.B.A. from Stanford University’s Graduate School of Business.

top

John C. Fox (Washington, D.C.) is a Senior Managing Director and joined Perseus in 2000. Prior to joining Perseus, Mr. Fox was Chief Operating Officer of Ontario Power Generation Inc. (formerly Ontario Hydro), where he was responsible for generation, transmission, distribution, and retailing for one of the largest electric utilities in North America. He served as Executive Vice President of the Canyon Group, a Los Angeles-based marketing and management consultancy during 1992 and 1993. From 1981 to 1992, Mr. Fox held various management positions with Pacific Gas and Electric Company (PG&E) in San Francisco, California, including Manager, Energy Efficiency Services. He serves as a Board member for the Alliance to Save Energy and Rocky Mountain Institute. During 1992, he served as the Head of the Energy Efficiency Task Force, President Bush’s Commission on Environmental Quality. Mr. Fox is a board member for the following Perseus portfolio companies: NxtPhase T&D Corporation, Serveron Corporation, Puralube, Inc., and Soft Switching Technologies Corporation.

Mr. Fox holds a B.S. in Civil Engineering from the University of Toronto and an M.B.A. from McMaster University in Hamilton, Ontario.

top

Norman C. Selby (Washington, D.C./New York) is a Senior Managing Director at Perseus, L.L.C., a private equity firm with offices in Washington, D.C. and New York. He is responsible for Perseus’ strategy and investments in healthcare. Before joining Perseus, Mr. Selby was President and CEO of TransForm Pharmaceuticals, a specialty pharmaceutical company focused on innovation in the form and formulation of drug compounds that was acquired by Johnson & Johnson in April 2005. He was also an Executive Vice President at Citigroup/Citicorp from 1997-2000.

Mr. Selby spent the bulk of his career at McKinsey & Company where he was Director (Senior Partner) in the firm’s New York office. He held several leadership roles at McKinsey, including head of the firm’s Global Pharmaceuticals and Medical Products Practice, head of the New York office’s Healthcare and Consumer Industry Practices, and member of the firm’s Principals Committee. From 1987-1989, Mr. Selby took a leave of absence from McKinsey to serve as Chief Operating Officer of the New York Blood Center, the largest community blood organization in the country, where he led its financial and operational turnaround.

Mr. Selby is a member of the Board of Directors of Millennium Pharmaceuticals (MLNM), Perseus Books, L.L.C., NanoBio Corporation and Ascenta Therapeutics, Inc. He was also Chairman of Windhover Information, the leading B2B publishing and information company in the pharmaceutical, biotechnology, and medical device industries, from 2004 – 2008, until it was recently sold to Reed Elsevier.

Mr. Selby serves on the Board of Trustees of the Central Park Conservancy, the Memorial Sloan-Kettering Cancer Center and the Ralph Lauren Center for Cancer Care and Prevention, all based in New York City. He is also a member of the advisory board of the Harvard Business School’s Healthcare Initiative, and a Board member of the National Parks Conservation Association in Washington D.C.

Mr. Selby holds a B.A. in Architecture from Yale College and an M.B.A. with Distinction from the Harvard Graduate School of Business Administration.

top

Brian Leitch, (Washington, D.C./New York), Senior Managing Director, joined Perseus in July 2007. Prior to joining Perseus, Mr. Leitch was head of Arnold & Porter's business reorganization and bankruptcy practice, which was named by Chambers USA as the top ranked business restructuring practice in Washington, D.C. Mr. Leitch has more than 25 years of experience advising private equity funds, major corporations, airlines, financial institutions, and other clients on such matters as debt and equity investments, Chapter 11 avoidance strategies, restructurings, and reorganizations. Mr. Leitch has represented investors in several of the largest business reorganization transactions undertaken by private equity firms in the United States, and has represented numerous parties in other major U.S. Chapter 11 proceedings, as well as in international or multi-jurisdictional insolvency proceedings. He has had a role in most of the major airline Chapter 11 cases since deregulation. In 2006, he received the Turnaround Management Association Large Company Transaction of the Year Award for his work in leading the reorganization of US Airways and its merger with America West. Mr. Leitch has received frequent recognition as a leading restructuring expert in Chambers USA, The Legal 500, Best Lawyers in America, and Lawdragon 500, among other publications.

Mr. Leitch holds a B.A. from the University of Iowa and a J.D. from the University of Iowa College of Law.

top

Christopher J. Davis (Washington, D.C.), Senior Managing Director, Chief Operating Officer, and Chief Financial Officer, joined Perseus in 2007. Prior to joining Perseus, Mr. Davis spent six years at Safeguard Scientifics, Inc., where he held various positions, including Executive Vice President, Chief Administrative & Financial Officer and Vice President-Strategic Planning. While at Safeguard Scientifics, Mr. Davis was responsible for strategic and operational planning, financial reporting and auditing, and tax planning and compliance, and, from time to time, had oversight over various legal and human resources functions. Prior to joining Safeguard, Mr. Davis spent five years as a private consultant providing strategic planning, business development, and financing services to several technology companies. From 1980 to 1995, Mr. Davis worked at LFC Financial Corp., a large privately held financial services company specializing in complex structured financing transactions. During his 15-year tenure at LFC Financial, Mr. Davis served as President and Chief Executive Officer, Vice President and Chief Financial Officer, and Controller. Prior to that, Mr. Davis spent seven years in private and public accounting at Coopers & Lybrand. Mr. Davis is a licensed Certified Public Accountant.

Mr. Davis holds a B.B.A. in Accounting from Temple University, where he graduated summa cum laude. He received his M.B.A. in Finance and Accounting from Temple University.

top

Marc Lippman, M.D. has been a senior advisor to Perseus for ten years. Dr. Lippman was recently appointed Chairman of the Department of Medicine at the University of Miami Leonard M. Miller School of Medicine. Prior to that, Dr. Lippman was the John G. Searle Professor and Chief of Medicine at the University of Michigan Health System. Before that appointment, Dr. Lippman held a number of positions at Georgetown University Medical Center, including Director of the Lombardi Cancer Research Center, Professor and Chairman of the Department of Oncology, Professor of Medicine, and Chief of the Division of Hematology-Oncology. He also served as Head of the Medical Breast Cancer Section of the Medicine Branch of the National Cancer Institute.

Dr. Lippman is the recipient of the Clinical Investigator Prize of the American Federation for Clinical Research, the Rosenthal Award of the American Association for Cancer Research, the American Cancer Society Lectureship award given by the American Society for Clinical Oncology, the Astwood Prize of the Endocrine Society, and the Brinker International Prize for Basic Research in Breast Cancer. He is the author of more than 500 publications and one of the standard texts on breast cancer. He is a reviewer for several leading medical publications, including American Journal of Medicine, Cancer, Nature, New England Journal of Medicine, and Science. Dr. Lippman shares five patents related to his oncology research. He is on the board of directors of Ascenta Therapeutics, Inc., Raven Biotechnologies, Inc., and Seattle Genetics, Inc..

Dr. Lippman received his M.D. from Yale Medical School. He received a B.A. from Cornell University, magna cum laude.

top

Kimberly A. Foerster (Washington, D.C.) is a Managing Director of Perseus. Prior to joining Perseus, Ms. Foerster worked at two leading private equity firms, Castle Harlan, Inc. and Audax Group. At both firms, she was involved in all aspects of the investment process, including identifying investment opportunities, leading business and financial due diligence, and participating in structuring and negotiating of transactions. She has also served on the Boards of Directors of several portfolio companies. From 1993 to 1996, Ms. Foerster worked in the strategic planning group of PepsiCo, Inc., where she was a member of a small team that advised PepsiCo’s CEO and other senior management on strategic and financial initiatives relating to Frito-Lay International. Before PepsiCo, she was in the investment banking division of Goldman, Sachs & Co., where she worked on corporate finance transactions and mergers and acquisitions for companies in a variety of industries. Ms. Foerster is on the board of directors of Pinacl Solutions UK Ltd., a Perseus portfolio company.

Ms. Foerster holds a B.A. in English Literature from Rice University and an M.B.A. from Northwestern University’s Kellogg Graduate School of Management.

top

John M. Glazer (New York) is a Managing Director of Perseus. Prior to joining Perseus, Mr. Glazer worked at CSFB Private Equity, the direct private equity investment division of Credit Suisse First Boston (“CSFB”).  While at CSFB Private Equity, Mr. Glazer was responsible for all aspects of the investment process, including identifying and developing opportunities, negotiating and closing transactions, and developing strategic plans and liquidity paths for portfolio companies.  Before that, Mr. Glazer worked in the Mergers & Acquisitions Group at CSFB from 1988 to 1990 and from 1995 to 1997.  He has served as a director and observer on the boards of over a dozen companies, primarily in the biotechnology sector.

Mr. Glazer received an A.B., magna cum laude, from Harvard College and a J.D., with distinction, from Stanford Law School.  He also clerked on the United States Court of Appeals for the Ninth Circuit.

top

Michael L. Miller (Washington, D.C.) is a Managing Director of Perseus. Prior to joining Perseus, Mr. Miller was the Managing Partner of Mill Consulting Group, an investment banking boutique specialized in assisting small and medium sized enterprises in the identification and execution of strategic capital formation and M&A transactions. He served as one of four partners at Swiss Life Private Equity Partners AG in Zurich, Switzerland during 2002 and 2003. Mr. Miller was Vice President and Group Head of Principal Investments at Enron North America in Houston, Texas, where he focused on investments in new energy technologies and built a portfolio that included three companies in which Perseus was a co-investor. He founded and led UBS Capital GmbH, the Frankfurt-based private equity investment unit of the Union Bank of Switzerland Group in Germany. Mr. Miller started his career in the Mergers and Acquisitions Department of Salomon Brothers, Inc. in New York City and Frankfurt, Germany. Mr. Miller is a member of the Board of Directors of the following Perseus portfolio companies: Chroma Energy, Inc., Serveron Corporation, and SEVA Energie AG. Mr. Miller also serves on the board of Habitat for Humanity of Montgomery County (TX) and is an advisor and mentor to the Energy Program of the Houston Technology Center.

Mr. Miller holds a B.S. in Chemical Engineering, a B.A. in German, and an M.B.A. from Rice University.

top

Teresa Young Bernstein (Washington, D.C.) is Vice President of Legal Affairs. Prior to joining Perseus, she was an associate in the corporate and securities group of Pillsbury Winthrop Shaw Pittman’s Washington office, focusing on mergers and acquisitions, private equity transactions, and regulatory matters relating to private and public pooled investment vehicles. Before joining Pillsbury, Ms. Bernstein worked as a corporate associate in the New York office of Paul, Weiss, Rifkind, Wharton & Garrison. There her practice included the organization and operation of private investment funds and joint venture, private equity, and merger and acquisition transactions.

Ms. Bernstein received a B.A., magna cum laude, in Comparative Literature from Cornell University and a J.D., magna cum laude, from American University Washington College of Law.

top

Anjali V. Jolly (Washington, D.C.) is a Vice President of Perseus. Prior to joining Perseus, Ms. Jolly worked at JPMorgan Partners (formerly Chase Capital Partners).  She was involved in all aspects of the investment process at JPMorgan Partners, including leading financial and operational diligence, participating in the negotiation and execution of transactions, and monitoring portfolio companies. Ms. Jolly has also worked in the investment banking division of Goldman, Sachs & Co. and in the marketing department of L’Oreal Inc. Ms. Jolly is a member of the Board of Directors of Biometric Access Company, a Perseus portfolio company.

Ms. Jolly holds an M.B.A. from Harvard Business School and a B.A. in Systems Engineering and Finance from the University of Pennsylvania (The Wharton School) where she graduated summa cum laude.

top

Avi Sahi (Washington, D.C.) is a Vice President of Perseus. Prior to joining Perseus, Mr. Sahi was an Associate from 2002 to 2006 in the Technology Investment Banking group at SG Cowen & Co. During this time, Mr. Sahi helped build SG Cowen’s Alternative Energy Investment Banking Practice and participated in the origination and execution of seven corporate financing transactions for energy technology companies. Previously, Mr. Sahi was a Vice President with G.E. Capital Corporation and a Business Development Manager with Cisco Systems Capital. In addition, Mr. Sahi has worked in the commercial finance departments of J.P. Morgan, Bank of America, and Quest Capital.

Mr. Sahi received a B.S. in Finance from Rutgers University and an M.B.A. from Georgetown University’s McDonough School of Business.

top

J. P. Bauman (Washington, D.C.) is a Senior Associate of Perseus. Prior to joining Perseus, Mr. Bauman worked at One Equity Partners, the private equity arm of JPMorgan. He was involved in all aspects of the investment process at One Equity Partners, including leading the financial and operational diligence of prospective investments, participating in the execution of transactions, and monitoring portfolio companies. Mr. Bauman has also worked in the commercial banking and private wealth management divisions of JPMorgan and in the marketing department of the Kellogg Company.

Mr. Bauman holds an M.B.A., with concentrations in Finance and Accounting, from the University of Chicago Graduate School of Business and a B.A. in Economics from the University of Chicago.

top

J.T. Mauk (Washington, D.C.) is a Senior Associate at Perseus. Prior to joining Perseus, Mr. Mauk worked for JPMorgan in the Consumer, Healthcare & Retail Investment Banking Group where he participated in the origination and execution of M&A advisory and financing mandates for companies in the consumer products and healthcare sectors. Prior to JPMorgan, Mr. Mauk worked for Brown Brothers Harriman & Co. providing financing to healthcare services and medical device companies.

Mr. Mauk holds an M.B.A. from the Darden School of Business at the University of Virginia and a B.B.A. in Finance from James Madison University. Mr. Mauk is a CFA Charterholder.

top

Michael J. Rapport (New York) is a Senior Associate at Perseus. Prior to joining Perseus, Mr. Rapport worked at Lazard Alternative Investments, where he focused on structured, minority-stake investments in public and private companies. Before Lazard, he worked as an Associate at Greenbriar Equity Group, focusing on leveraged buyouts in the transportation and logistics industries. He has been involved in all aspects of a deal process, including financial and operational due diligence, participating in the negotiation and execution of transactions, and monitoring portfolio companies. Mr. Rapport began his career in the investment banking division of Goldman, Sachs & Co.

Mr. Rapport holds an M.B.A. from Harvard Business School and a B.A. in Mathematics and Economics from Williams College, where he graduated magna cum laude and was a member of Phi Beta Kappa.

top

Terry E. Everett (Washington, D.C.) is Vice President of Finance.  Prior to joining Perseus, Ms. Everett spent nearly four and a half years with The Carlyle Group where she oversaw the financial management, operations and investor reporting for 62 global private equity fund entities representing nearly 900 investors and more than $3.5 billion in committed capital. In this role, Ms. Everett was an advisor to Carlyle’s Founding Partners, Managing Directors and global investment professionals, to include former Heads of State, Fortune 100 CEOs and international corporate executives. While at Carlyle, she led or was a key contributor to the success of several of the firm’s initiatives including the launch of Carlyle’s Online Investor Reporting website, the administration of Carlyle’s $15 million annual USD, Euro and JPY employee loan programs, and the firm’s integration and automation of various foreign tax, investor accounting and reporting  requirements within Carlyle’s investor reporting database.  Prior to joining Carlyle, Ms. Everett spent several years in Corporate Financial Reporting for SRP (Salt River Project), the nation’s third largest public power utility with more than $7.4 billion in assets under management. While at SRP, Ms. Everett was involved with the company’s audited financial statement reporting, business-unit management financial reporting, and activity-based costing. Ms. Everett was also previously a Senior Analyst with Arthur Andersen, LLP.

Ms. Everett is a graduate of the University of North Carolina and received her Master’s of Science in Finance from Golden Gate University in San Francisco, California.

top

Robert Bowman (Washington, D.C.) is a Senior Accountant at Perseus. Prior to joining Perseus, Mr. Bowman was a Senior Auditor with KPMG, LLP, where he worked for approximately three years. Prior to KPMG, Mr. Bowman worked with CCG Consulting, Inc., a telecommunications consulting firm in Riverdale, Maryland, as Accounting and Finance Administrator. Mr. Bowman worked with CCG Consulting for two years while attending Bowie State University.

Mr. Bowman holds a B.S. in Accounting and Finance from Bowie State University.

top

James M. Rensen (Washington, D.C.) is a Senior Accountant at Perseus. Prior to joining Perseus, Mr. Rensen worked for several years in both public and corporate accounting capacities. Mr. Rensen’s most recent experience was as a Senior Accountant in the Joint Venture Department of HMS Host where his primary responsibilities included managing partner relationships, review of Financial Statement packages, process improvement, and staff development.

Mr. Rensen holds a B.S. in Accounting from the University of Connecticut, is a Virginia-licensed CPA, and is currently pursuing his CFA Charter. Mr. Rensen is also a member of the Virginia Society of CPAs, and is a student member of the CFA Society of Washington, D.C.

top

Rachel S. Kim (Washington, D.C.) is a Staff Accountant at Perseus. Prior to joining Perseus, Ms. Kim worked for Johnson Lambert & Co. LLP as an Audit Associate where she performed audit fieldwork for publicly traded and private property/casualty insurance companies and not-for-profit organizations and associations.

Ms. Kim holds a B.B.A. in Accounting from James Madison University. Ms. Kim is pursuing her CPA certification and is a member of the AICPA (as a CPA candidate).

 

top

PERSONNEL OF INTERNATIONAL ADVISORY OFFICES

Christian T. Staby is a Managing Director of Perseus’ affiliate in Germany, Perseus Beteiligungsberatung GmbH. He was previously a Partner at eM Investor Beteiligungsberatung GmbH, a private equity management company, and an Investment Manager at the e-millennium 1 Verwaltung GmbH venture capital fund. In both positions, Mr. Staby participated in all aspects of the investment process, including sourcing, due diligence, financial modeling, and structuring and negotiating buyouts, growth equity, and venture investments. Prior to his work at eM Investor Beteiligungsberatung GmbH and e-millennium 1 Verwaltung GmbH, Mr. Staby was an Investment Director at BFD Capital Beteiligungen GmbH, a venture capital firm.

Mr. Staby is a former Vice President in the Corporate Strategy Division of Deutsche Bank AG. While there, he led the development of the Global Corporate and Investment Banking unit’s five-year strategic plan. Mr. Staby was a Case Team Leader in the Munich office of Bain & Company from 1996 to 1999, and has also held positions at Sal. Oppenheim Jr. & Cie., Brown Brothers Harriman & Co., and Massalin Particulares S.A.  Mr. Staby is a member of the Board of Directors of SEVA Energie AG.

Mr. Staby holds an M.S. in Business Administration from Ludwig-Maximilians-Universitat, München, and an M.B.A. from IMD, Lausanne.

top

Tobias Kiesewetter is a Managing Director of Perseus’ German affiliate, Perseus Beteiligungsberatung GmbH.  Prior to joining Perseus, Tobias was the Chief Financial Officer and Managing Director of e-millennium 1 Verwaltung GmbH and eM Investor Beteiligungsberatung GmbH, a private equity fund headquartered in Munich, Germany.  In addition to his responsibilities as the Chief Financial Officer, Mr. Kiesewetter was responsible for investment generation, execution, monitoring, and divestiture.  He is also Chairman of Radios AG, Frankfurt.  From 1998 to 2000, Mr. Kiesewetter was a manager in the Corporate Strategy department of Deutsche Bank AG, where he developed strategy and monitored operations for e-commerce projects and developed portfolio management programs.

Mr. Kiesewetter has been heavily involved in the photovoltaics industry; in that capacity he has conducted solar cell research at the University of New South Wales, Australia and the Hahn-Meitner-Institute in Berlin.  He holds a Diploma in Physics from the University of Tubingen and completed his Diploma Work in Physics at the Hahn-Meitner-Institute after studying at the University of Konstanz and the University of Tubingen.

top

Alexander Hunzinger is a Senior Associate of Perseus’ German affiliate, Perseus Beteiligungsberatung GmbH. Prior to joining Perseus, Mr. Hunzinger worked for the Investment Banking division of Sal. Oppenheim Jr. & Cie., where he participated in the origination and execution of M&A advisory and privatization projects for companies in the energy, water, and waste management sector.

Mr. Hunzinger has studied at the University of Cologne, Germany and the Fundacao Getulio Vargas, Sao Paulo, Brazil and holds a masters degree in business administration from the University of Cologne.

top

updated 7/2/08

U.S. HEADQUARTERS
PERSONNEL

Frank H. Pearl

Richard C. Holbrooke

James A. Johnson

John T. Schwieters

Kenneth M. Socha

Ray E. Newton III

John C. Fox

Norman C. Selby

Brian Leitch

Christopher J. Davis

Marc Lippman, MD

Kimberly A. Foerster

John M. Glazer

Michael L. Miller

Teresa Young Bernstein

Anjali V. Jolly

Avi Sahi

J. P. Bauman

J.T. Mauk

Michael J. Rapport

Terry E. Everett

Robert Bowman

James M. Rensen

Rachel S. Kim

--

PERSONNEL OF
INTERNATIONAL
ADVISORY OFFICES

--

home | introduction | investment strategy | perseus funds | bios | portfolio | contact

© 2001-08 PERSEUS, L.L.C., Designer: Beebe Communications, Inc., Site updated 4/23/08
Photo Credits: Bridgeman Art Library and Art Resource.