Robert E. Grady：The Carlyle Group Managing Director

Robert E. Grady serves as managing partner for Carlyle’s U.S. venture operation, Carlyle Venture Partners. In addition, Mr. Grady coordinates Carlyle’s global venture capital group, which has over $1.7 billion under management in five funds. He is based in San Francisco. 
        Mr. Grady is a former Director of Blackboard (Nasdaq: “BBBB”) and currently serves on the Board of Directors of Carlyle portfolio companies AuthenTec, Ingenio, Panasas, Secure Elements, Verari Systems, and USBX. Mr. Grady is a member of the Board of Directors of the National Venture Capital Association (NVCA) and is the Chairman-elect of NVCA for 2006.
        Prior to joining Carlyle, Mr. Grady was a Managing Director and member of the Management Committee at Robertson Stephens, the San Francisco-based technology investment bank. At Robertson Stephens, he invested in or led financings for such technology and market leaders as InVision Technologies (acquired by General Electric, NYSE: "GE"), Eltron (acquired by Zebra Technologies, Nasdaq: “ZBRA”), FLIR Systems (Nasdaq: “FLIR”), Align Technologies (Nasdaq: “ALGN”), Printrak (acquired by Motorola, NYSE: “MOT”), Barringer Technologies (acquired by Smiths Group plc), OSI Systems (Nasdaq: “OSIS”), Protection One (sold to Westar Energy, NYSE: “WR”), Simpson Manufacturing (NYSE: “SSD”), Fritz Companies (sold to United Parcel Service, NYSE: “UPS”), and many others.
        Mr. Grady served from 1994 to 2004 on the faculty of the Stanford Graduate School of Business, where he taught a course on "Investing in Highly Regulated Industries."
        Prior to moving to California in 1993, Mr. Grady served in the White House as Deputy Assistant to President George H.W. Bush and as Executive Associate Director of the Office of Management and Budget (OMB). He had previously served as Associate Director of OMB for Natural Resources, Energy and Science (1989-1991); Chief Speechwriter and Senior Advisor for the successful 1988 Bush/Quayle Presidential Campaign (1988); Director of Communications for New Jersey Governor Thomas H. Kean (1983-1986); and Legislative Assistant and then Chief of Staff to U.S. Congresswoman Millicent Fenwick (1979-1982).
        Mr. Grady is a graduate of Harvard College and of the Stanford Graduate School of Business.
        He was appointed by President George W. Bush to be a member of the Advisory Committee on Trade and Policy Negotiations (ACTPN), by the Administrator of NASA to be a member of the NASA Advisory Council's Task Force on the cost and management of the International Space Station, and by Governor Arnold Schwarzenegger to the California Commission on Military Base Support and Retention. He is a Trustee of Environmental Defense and is Chairman of the Board of Resources for the Future.