Christopher Bower

Founder/Chairman/CEO
Pacific Corporate Group Holdings

Mr. Bower, Founder and Chief Executive Officer of Pacific Corporate Group Holdings, LLC, has been responsible for the overall management of Pacific Corporate Group since its inception in 1979. Mr. Bower has over thirty years of private equity experience and oversees PCG Capital Partners, LLC. Prior to founding PCG, Mr. Bower was with Arthur Young & Co. Certified Public Accountants. Mr. Bower received his BS from the University of Colorado and holds a JD from the University of San Diego. Mr. Bower is also a Certified Public Accountant.

David Fann

President & Chief Executive Officer
PCG Asset Management

Mr. Fann manages the strategy and day-to-day business operations of PCG Asset Management, LLC, and is a member of the PCG AM Investment Committee. Mr. Fann has over 20 years of experience in the private equity industry and has invested in over 25 leveraged buyout, private equity, and venture capital investments as a lead investor or co-investor. In addition, Mr. Fann has invested in numerous buyout, private equity and venture funds. Prior to joining PCG AM, Mr. Fann was the Founder and General Partner of Inflection Equity Partners, a technology buyout firm focused on “small cap” technology companies. He was a Managing Director at the United States Trust Company/U.S. Trust of New York, and Founder and Co-Head of their Private Equity Division. He was also the President and Co-CEO of three affiliated business development companies. Mr. Fann served on U.S. Trust’s Strategy Review and Portfolio Policy Committees, which directed firm-wide investment strategy, policy and asset allocation for its clients’ accounts. Earlier in his career, Mr. Fann was a Vice President of Citicorp Venture Capital Ltd. (and various affiliated entities including Citibank/Citicorp NA, Court Square Capital Ltd., and Citibank/Citicorp Investments Inc.). Mr. Fann has served on the board of directors of eleven companies and has served as a board observer for seven companies. He has a BAS in Industrial Engineering and Economics from Stanford University.

Timothy Kelleher

Managing Director
PCG Capital Partners

Mr. Kelleher co-manages the Corporate Partners Fund and Co-investment activities. Prior to joining PCG, Mr. Kelleher was a Partner and Senior Vice President responsible for sourcing, evaluating, negotiating and monitoring leveraged buyouts and later-stage growth financings at Desai Capital Management Incorporated. Prior to that, Mr. Kelleher was an Associate with Entrecanales, Inc., where he identified, analyzed and negotiated later-stage growth capital and management buyout investment opportunities for a Madrid-based family. Before that, Mr. Kelleher was an Associate with L.F. Rothschild & Co. Incorporated where he executed leveraged finance for buyouts and mergers and acquisitions advisory assignments. Mr. Kelleher began his career in the audit practice of Arthur Young & Company. Mr. Kelleher received his Masters in Accounting from New York University and his Bachelor of Arts in History from Hamilton College. Mr. Kelleher currently sits on the Board of Directors of eCORP, Orbcomm Inc., Backyard Broadcasting, and Allied Resource Corporation.

Douglas Meltzer

Managing Director
PCG Capital Partners

Mr. Meltzer co-manages PCG Capital Partners, including its Corporate Partners Fund and Co-Investment activities. Prior to this, Mr. Meltzer was a Principal at The Blackstone Group where he was involved in sourcing, executing, and managing private equity investments in a broad range of industries. Before that, Mr. Meltzer had similar responsibilities as a Vice President at DLJ Merchant Banking Partners. Mr. Meltzer also served as the Director of Strategic Development at EZ Buy, EZ Sell Recycler Inc. Mr. Meltzer received his BA from Cornell University and his MBA from the UCLA Anderson School of Management. Mr. Meltzer has served on the Board of Directors of numerous private companies and currently sits on the Board of CMS Holdings Group, LLC. Mr. Meltzer also led PCG Capital Partners’ investments in AECOM (NYSE: ACM), an engineering firm, and Ocwen Structured Investments.

John Coughlin

Managing Director
PCG Capital Partners

Mr. Coughlin is involved in the Corporate Partners Fund and Co-investment activities. Prior to joining PCG, Mr. Coughlin was Chief Executive Officer of Kool Smiles Holding Corporation, a private equity backed national children’s retail/healthcare company. Before that, he was a Senior Partner with The Parthenon Group where he provided strategic and transaction advisory services to CEOs, boards and private equity groups. At Parthenon, he was the founder and managing partner of the firm’s San Francisco office as well as a member of the Executive Committee. Prior to Parthenon, he was at Credit Suisse First Boston where he originated, structured and executed financings. Mr. Coughlin received his MBA from the Tuck School at Dartmouth College and his Bachelor of Arts, Phi Beta Kappa, from the College of William & Mary. Mr. Coughlin currently sits on the Board of Directors of Allied Resource Corporation.

Steve Cowan

Managing Director
PCG International

Prior to PCGI, Mr. Cowan served at Overseas Private Investment Corporation (OPIC), most recently as a Director in the Investment Funds Department, where he was responsible for structuring new funds, designing and implementing the program’s asset allocation plans, selecting managers, and overseeing a large portion of the $3.5 billion investment funds program. Mr. Cowan also helped design OPIC’s groundbreaking capital markets insurance product. Prior to his tenure at OPIC, Mr. Cowan was an attorney at Munger, Tolles & Olson in Los Angeles and Milbank, Tweed, Hudley & McCloy in New York. He also served as an Adjunct Professor of Law at American University’s Washington College of Law, and as an advisor to the governments of Colombia and Canada with respect to developing private equity programs. Mr. Cowan received his AB (magna cum laude and with honors) in Political Science and Development Studies from Brown University, a JD from Harvard Law School, and during college participated in the Yale-in-China program at the Chinese University of Hong Kong.

Michelle Davidson

Managing Director
PCG Asset Management

Ms. Davidson manages the firm’s portfolio management and analytics activities, and is a member of the Firm’s Management and Investment Committees. She has more than twenty years of financial services experience, with the last seventeen years focused exclusively on private equity. She has returned to PCG AM, where she spent six years in the mid-1990s, and was strategically involved in the construction of CalPERS’s first private equity program. Since then, Ms. Davidson has been a consultant at a subsidiary of Deloitte & Touche, and most recently, spent six years at State Street Corp. where she developed and managed the consulting unit of The PrivateEdge Group. The primary function of the group was to provide independent, value-added investment consulting services to large institutional investors within the private equity and real estate asset classes. Earlier in her career, Ms. Davidson specialized in the trading and hedging of mortgage-backed securities, and also worked for a regional accounting firm. She has extensive experience in all aspects of private equity investment, portfolio management, legal terms and strategic program development, and sits on various partnership advisory committees. Ms. Davidson is a Certified Public Accountant and earned a Business Administration degree from San Diego State University with an emphasis in Finance, where she graduated with honors.

Mark A. Nydam

Managing Director
PCG Asset Management

Mr. Nydam has over ten years of experience in private equity. Prior to joining PCG Asset Management, Mr. Nydam was a principal of Booz Allen Hamilton where he directed clean and new energy technology related to private equity engagements in the Middle East and led Booz Allen’s highly successful re-entry into the Kuwait market after a five year absence. Before that, Mr. Nydam founded Signal Hill Advisors, an advisory firm providing venture capital firms and their portfolio companies with investment identification, investment due diligence, business strategy, market assessment, product pricing and financial strategy advisory services. Prior to founding Signal Hill, he was a principal at L.E.K. Consulting and was responsible for providing top-tier venture capital firms, private equity firms, and corporate investors with investment strategy, investment identification and investment due diligence advisory services. Previously in his career, Mr. Nydam spent three years working as a Foreign Affairs Officer for the U.S. Department of State where he developed and managed a multi-million-dollar development assistance program that helped Middle Eastern and Asian governments attract western private investment into their oil and gas sectors. He also spent five years managing a natural resources investment advisory firm. Mr. Nydam has a BS and MS in Geology and Geophysics both from Yale University. He also holds an MA in International Relations and an MBA with honors from University of Chicago.

Jean-Noël Odier, CFA

Managing Director
PCG Asset Management

Mr. Odier manages the PCG AM Singapore office and is a member of the Firm’s Management Committee. He brings experience at all levels of the private equity value chain: fund investment, direct investment and entrepreneurship. Prior to joining PCG Asset Management, Jean-Noël was Director, Key Client Business Development at BNP Paribas Private Bank, where he was in charge of developing the bank’s platform for family offices and ultra-high net-worth clients in Asia. Prior to that, Jean-Noël contributed to start Xytis Pharmaceuticals Ltd., a Swiss-based venture-backed company engaged in the in-licensing and development of drugs for central nervous systems disorders. As the company’s CFO, he was instrumental in the successful merger of Xytis Pharma with a US-based drug discovery company in 2005. Previously, Mr. Odier had been VP and Investment Manager at US Trust Private Equity, where he focused on direct and fund investments, based out of New York and Palo Alto. Jean-Noël had joined US Trust from Lombard Odier in Switzerland, where he also had been involved in reviewing private equity fund and direct investment opportunities. Mr. Odier holds a Masters degree from Stanford Graduate School of Business, a Masters in International Relations from the Graduate Institute for International Studies in Geneva, Switzerland and a Diploma from the Political Institute of Lyon, France. He is also a CFA Charterholder and speaks English, French and Arabic.

Stephen O’Neill

Managing Director
PCG International

Prior to PCGI, Mr. O’Neill was an investment banker with significant cross-border and international experience. As Managing Director of Battery Kemble LLC, an investment and advisory practice, he focused on creating, funding and providing strategic planning for new companies. Prior to Battery Kemble, Mr. O’Neill worked as a senior investment banker for UBS Warburg in New York (Head of the ‘Into US’ Equity Capital Markets business), Singapore (Managing Director of the Institutional Equities business), Hong Kong (Head of the Southeast Asia Corporate Finance business) and London. Mr. O’Neill has an AB (magna cum laude) in History from Brown University and an MBA (Arjay Miller Scholar) from Stanford University.

Gene Pohren

Managing Director
PCG International

Prior to PCGI, Mr. Pohren served at OPIC. As a Director in the Investment Funds Department, he oversaw significant parts of OPIC’s $3.5 billion investment funds program and was instrumental in redesigning OPIC’s investment fund structure and fund manager evaluation processes. Before joining the Investment Funds Department, Mr. Pohren worked as a Manager in OPIC’s Project Finance Department where he structured direct financings throughout the emerging markets. In 2004, Mr. Pohren took a leave of absence to accept an assignment with the Ontario Teachers’ Pension Plan Board to help design and implement an emerging market private equity investment plan. Prior to working at OPIC, Mr. Pohren was an Associate in corporate finance at Manufacturers Hanover Trust Company. Mr. Pohren earned a BS (with high distinction) in Business Administration from the University of Maine and an MBA from the University of Chicago Graduate School of Business. Mr. Pohren is a returned Peace Corps volunteer.

Charles Toy

Managing Director
PCG International

Prior to joining PCGI, Mr. Toy served at OPIC for seven years, where he was General Counsel and at different times managed the project finance and private equity programs, reorganizing and developing strategic plans for the two operating departments, each with exposure of over $3.5 billion in emerging markets. Before and after OPIC, Mr. Toy was a partner at two major international law firms, Kaye Scholer Fierman Hays & Handler, for which he opened Hong Kong and Beijing offices and was resident in Hong Kong for seven years, and Wilmer Cutler & Pickering in Washington. He represented clients investing and starting new businesses or operations throughout Asia and around the world. Mr. Toy has taught on the subject of foreign direct investment as an Adjunct Professor at The George Washington University. He earned a BA (with honors) from Harvard College and a JD from Harvard Law School. Mr. Toy speaks Mandarin and Cantonese.